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Total income or loss 2023

Complete the total income or loss section of your tax return.

Last updated 24 May 2023

Completing your tax return

Go to Total income or loss on page 3 in your tax return.

Step 1

Check that you have shown all your income.

Step 2

Add up all the amounts in the right-hand column for questions 1 to 12 on pages 2 to 3 in your tax return.

Step 3

If below question 12 in your tax return you have no amount at label I go to step 4, otherwise read on. If the amount at label I is a loss you take it away from your total from step 2, otherwise add the amount at label I to your total from step 2.

Step 4

Write your answer at Total income or loss.

If your answer is a loss, print L in the LOSS box at the right of Total income or loss.

Where to go next

QC71867