Close

Our Privacy Statement & Cookie Policy

All Thomson Reuters websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.

T1 - Federal Tax guide index by line numbers

Federal Income Tax and Benefit Information - 2024

Before you file

Who has to file a return

Which tax package is for you

Due dates

Penalties and interest

Ways to file your return

Get help doing your taxes

Gather your documents

Completing your return

Step 1 - Identification and other information

Residency information for tax administration agreements

Elections Canada

Foreign property

Step 2 - Total income

Step 3 - Net income

Step 4 - Taxable income

NEW! Line 24901 - Additional security options deduction

NEW! Line 25395 - Capital gains deduction for qualifying business transfer

Step 5 - Federal tax

Part A - Federal tax on taxable income

Part B - Federal non-refundable tax credits

Part C - Net federal tax

Step 6 - Refund or balance owing

Supporting documents

After you file your return

Notice of assessment

Processing time

Tax reviews

How to change a return

Digital services for individuals

My Account

Receive your CRA mail online

Electronic payments

For more information

Retirement income summary table