T1Gen - Income Tax and Benefit Return

The T1 General form is the primary income tax return form for individuals. It summarizes all your annual income, including employment, self-employment, and investment income. Most of the numbers on the T1Gen are calculated from other forms and/or T-slips, such as T4 slips for employment income and T5 slips for investment income. From the T1Gen you can also see all the deductions (like RRSP contributions and child care expenses) and credits (such as the basic personal amount and charitable donations). It calculates your taxable income, determines the tax payable, and shows whether you owe taxes or are entitled to a refund.

Line 10400 – Other employment income Line 11500 – Other pensions and superannuation Line 12100 – Interest and other investment income Line 21200 – Annual union, professional, or like dues Line 22100 – Carrying charges, interest expenses, and other expenses Line 25300 – Net capital losses of other years Line 47600 – Tax paid by instalments