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Total supplement income or loss 2024

Complete the total supplement income or loss section in your supplementary tax return.

Published 29 May 2024

Completing your supplementary tax return

To complete this question, follow the steps below.

Step 1

Add up all the income amounts in the right-hand column of questions 13, 17, 18, 19, 20, 21, 22, 23 and 24 in your supplementary tax return.

Step 2

Add up all the loss amounts, if any, in the right-hand column of questions 13, 17, 20 and 21.

Step 3

Subtract the amount you worked out at Step 2 from the total income amount you worked out at step 1. Your answer is your total supplement income or loss.

Step 4

Write your answer from Step 3 at Total supplement income or loss in your supplementary tax return. Don't show cents. If you made an overall loss, print L in the Loss box at Total supplement income or loss.

Step 5

Transfer this amount you wrote at Total supplement income or loss to label I on page 3 in your tax return. If the amount was a loss, print L in the Loss box at the right of the amount.

Step 6

Go to Total income or loss 2024 then work through the Deductions section, starting at Claiming deductions 2024.

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QC101439