This schedule is a summary of deductions from total income that are not identified elsewhere in the return. The summary updates line 23200 of the federal Jacket.
Miscellaneous Amounts
Additional lines allow you to enter OAS benefits repaid (required to calculate social transfer repayments payable in the Clawback workchart), legal fees to collect salary/wages (required to calculate income/loss from employment), and transfers of qualifying income to RRIF, RPP, and qualifying annuities.
Property Income Expenses
Enter expenses to earn property income included in this schedule (excluding foreign non-business tax deductions (ss. 20(11)/(12)) and Total Depletion Allowances) in the appropriate cell in Part 1 of Form T936.
Repayment of Shareholder's Loans
To the extent the repayment exceeds employment income, the amounts entered here could create or increase a non-capital loss in the T1A.
Designated amount following the death of the taxpayer
To designate an RRSP/PRPP amount as a refund of premiums on line 23200, you must enter the amount corresponding to the designation on the T4RSP slip, complete Form T2019, Death of an RRSP Annuitant – Refund of Premiums, and attach it to the tax return of the deceased taxpayer and the surviving spouse.
To designate an RRIF amount as a designated benefit on line 23200 of the T1 return, you must enter the amount corresponding to the designation on the T4RIF slip, complete Form T1090, Death of an RRIF Annuitant – Designated Benefit, and attach it to the tax return of the deceased taxpayer and the surviving spouse.
See Also