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Where can I find my husbands Net Income on his T4

Forum|Forum|6 years ago
October 30, 2019
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I have not done my husbands income tax yet and it is asking for his net income on line 236 for my income tax, unsure where to find this number. would it be line 101?

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Best answer by urtaxwiz2

A basic calculation for Net Income from a T4 is to subtract from Box 14 any amounts included in Boxes 20 and Box 44. This is not exact for tax purposes of Line 236 as it will not include other income (T5, T3) or deductions (RRSP etc) but it will give you a basis to start from. It would be strongly suggested that you have your husbands Line 236 amount before filing.

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urtaxwiz2Answer

A basic calculation for Net Income from a T4 is to subtract from Box 14 any amounts included in Boxes 20 and Box 44. This is not exact for tax purposes of Line 236 as it will not include other income (T5, T3) or deductions (RRSP etc) but it will give you a basis to start from. It would be strongly suggested that you have your husbands Line 236 amount before filing.