Line 236 – Net income

Net income is used to calculate certain federal and provincial or territorial non-refundable tax credits. We also use your net income, and if you are married or living common-law, your spouse or common-law partner's net income, to determine the amount of your Canada Child Tax Benefit and goods and services tax/harmonized sales tax credit, you may be entitled to receive.

Make sure you enter your spouse or common-law partner's net income in the "Information about your spouse or common-law partner" area on page 1 of your tax return, even if it is zero.

If the amount on line 236 is negative, complete Form T1A, Request for Loss Carryback, to determine if you have a non-capital loss. If you have a loss for 2005, and you want to carry it back to your 2002, 2003, or 2004 tax return, attach a completed Form T1A to your paper tax return (or send one to us separately). Do not file an amended tax return for the year or years to which you want to apply the loss.

Completing your tax return

On line 236, enter the result of the amount on line 150 minus the total of the allowable deductions claimed on lines 207 through 235.

Forms and publications

• General Income Tax and Benefit Guide