Line 13000 (Other income) on your T1 General/Schedule 1 can include various types of income. Here's a breakdown of what might contribute to this line:
-
Other income a
mounts you've entered in the Other Income (Line 13000) section of your return -
From T4A slips reported in the Pension, Retirement, Annuity, and Other Income section:
-
Various boxes including 18, 22, 24 (if under 65), 26, 27, 28, 30, 40, 42, 106, 133 (if under 65), 134, 135, and 150
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- Taxable scholarship, fellowship, and bursary income reported in the Scholarships, Bursaries, Fellowships, Grants, and Prizes section
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From T3 slips reported in the Trust Allocations section:
- Box 22 (Capital gains dividends)
- Box 26 (Other income)
- Less: Box 31 (Taxable capital gains eligible for deduction)
- Less: Box 35 (Insurance segregated fund capital losses)
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From T4 slips reported in the Employment Income section:
- Box 66 (Eligible retiring allowances)
- Box 67 (Non-eligible retiring allowances)
-
From T4RIF slips (if under 65) reported in the RIF Income section:
- Box 16 (Taxable amounts)
- Box 20 (Amount deemed received on deregistration)
- Box 22 (Other income or deductions)
-
From T4A(RCA) slips reported in the Retirement Compensation Arrangement Distributions section:
- Box 14 (Distributions received)
- Box 16 (Distributions transferred)
- Box 18 (Distributions received on which you are electing to pay tax)
-
From T5013 slips reported in the Partnership Income section:
- Box 114 (Other income)
- Box 114 (Other income)
Other sources:
- Certain amounts from Form T2205 (Amounts from a spousal or common-law partner RRSP, RRIF, or SPP to report on your return)
- Certain amounts from Form T1229 (Capital Gains Reserves) in the Statement of Resource Expenses and Depletion Allowance section
- Other foreign income reported in the Other Foreign Income & Foreign Tax Credits section
To see a detailed breakdown:
- Go to the Submit section of your return in Wealthsimple Tax
- Download a copy of your PDF
- Look for the table showing the composition of line 13000
- Open your downloaded PDF tax return
- Use the search function:
- On Windows: Press Ctrl + F
- On Mac: Press Command + F
- On most mobile devices: Tap the menu icon (usually three dots or lines) and select "Find" or "Search"
- Type "13000" or "Line 13000" in the search box
- Press Enter or tap Search
- Use the arrows or swipe to navigate between occurrences of Line 13000 in the document
Remember:
- Not all of these sources may apply to your specific situation
- Always report all income, even if you don't receive a slip for it
If you're unsure about what to include on line 13000 or have questions about specific types of income, consider consulting with a tax expert.
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