The Income Tax Act distinguishes between many different types of income, such as salary, interest, dividends and capital gains. Even with all of these distinctions, there are types of income that simply do not fit anywhere on your income tax return.
The first part of your tax return is where you enter your income. There are several lines dedicated to the types of income you might have earned. Near the end of the section, there is line 13000, Other Income. This is where you report the total of all of your other income types.
In the space to the left of line 13000, specify the type of income you are reporting. If you have more than one type of income and you are filing electronically, keep a detailed summary in case of a future audit. If you are filing a paper return, attach a note with the details.
Income to Report on Line 13000
As a rule, if an income item doesn’t fit anywhere in your return, report it on line 13000. Often, the payer issues you a T4A slip. Report any amount shown in box 028 of a T4A slip on this line.
Further examples include:
- Amounts received as an apprenticeship incentive incentive or completion grant
- Amounts distributed from a retirement compensation arrangement;
- Training allowances or similar amounts that are shown in box 028 of a T4A slip that you have received;
- Payments from a trust shown in box 26 of a T3 slip that you have received;
- Payments from a registered education savings plan shown in box 040 or box 042 of a T4A slip that you received;
- Annuity or registered retirement income fund payments are shown in box 024, 133 or 194 of a T4A slip that you received or boxes 16 or 22 of a T4RIF slip that you received (this applies only if you are under 65 and did not receive the amount because your spouse died);
- Certain payments from tax-free savings account shown in box 134 of a T4A slip that you received;
- Designated benefits from a RRIF shown in box 22 of a T4RIF slip that you received;
- A registered pension plan amount is shown in box 018 of a T4A slip that you received (this will apply if you rolled over an amount to a registered disability savings plan);
- An amount, such as a grant, paid to you as a result of taking time away from work to cope with the death or disappearance of your child because of an offence or probable offence under the Criminal Code shown in box 136 of a T4A slip that you received;
- Income from a pooled registered pension plan shown in box 194 of a T4A slip that you received (this applies only if you were under 65 years of age and you did not receive this income on the death of your spouse).