Total Income = line 150 of T1 includes 2 _0 h1 r! @$ ?4 U; y( _) D Employment income line 101-104 0 z! w7 N& `$ R( e Benefits line - 109 / o# R( ~1 b2 N% b' y Div+Interest Income line - 121! @6 h. o6 \* k) G
Company and others line - 1494 B M/ B% ?' u9 z. H' C
& e. C2 J& A6 E6 n3 |: S
Taxable income = line 260 of T1 derived from: J& u% b6 |8 E- V& s" G5 k7 J% B
Line 150 minus RRSP and all other deduction : W; |0 n- |" a; u f9 u. j0 a5 L; j+ XAfter getting line 260 Taxable income, Calculate and you will get line 435 Tax Payable % _9 W1 ^. S+ G2 i: i& ~ $ j( @( e* I4 vFollows by all the Tax Credit such as investment credit, CPP EI overpay etc....