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Total income or loss 2024

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

Published 29 May 2024

Completing your tax return

Go to Total income or loss in your tax return.

Step 1

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

Step 2

If you have no amount at label I below question 12 in your tax return, go to step 3. Otherwise read on.

If the amount at label I is a loss, subtract it from your total at step 1. Otherwise, add the amount at label I to your total at step 1.

Step 3

Write your answer at TOTAL INCOME OR LOSS.

If your answer is a loss, print L in the LOSS box.

Where to go next





QC101428