The "other deductions" on line 23200 of your T1 General come from various sources. To see a detailed breakdown, download a PDF copy of your return from the Submit section. The amount on line 23200 may include:
- Amounts you entered in the Other Deductions section of your Wealthsimple Tax profile
- Box 20 of your T4A(OAS) slip
- Box 30 from your T4E slips
- Negative amounts in box 28 of your T4RSP slips
- Amounts from box 18 or 22 of your T4RSP that you indicated you transferred to a RRIF or eligible annuity
- Negative amounts in box 22 of your T4RIF slips
- Amounts from box 16 of your T4RIF that you indicated you transferred to a RRIF or eligible annuity
- Amounts in box 24 of your T4RIF if you indicated you could claim an offsetting deduction
- Amounts from box 18 of a T4A slip that you indicated you rolled into an RDSP
- Amounts you indicated as a line 23200 deduction in the T4A-RCA section
- Certain amounts from the T1206 (Split Income) form
- Certain amounts from the T1129 (Newfoundland and Labrador Research and Development Tax Credit) form
- CPP income from a T4A(P) that you indicated was exempt under section 87 of the Indian Act
- Foreign tax paid that is deductible under section 20(11) or 20(12)
- The allowable deduction from the T746 (Calculating Your Deduction for Refund of Unused RRSP Contributions) section you added to your return
Note on section 20(12) deductions:
Section 20(12) deductions are included on line 23200. These deductions apply to certain types of foreign property income where you've paid foreign tax. Wealthsimple Tax automatically determines whether you should claim a section 20(12) deduction, a foreign tax credit, or a combination of both to maximize your refund.
For a comprehensive list of eligible deductions, refer to the CRA's information on line 23200.
If you need help understanding the deductions on your return, or for specific tax advice please consult a tax expert.
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