This guide provides information about the income you must report and the deductions and credits you can claim on your income tax and benefit returns. Spread over 74 pages this guide makes life much easier as everything is explained in simple language. The Guide organizes the main type of incomes in lines 101 to 149 giving a total at line 150 for tax purposes. Then tax exemptions are allowed which are listed from line 207 to line 256. After allowing these exemptions you get Taxable Income on which your tax liabilities for both federal and provincial are calculated. You are then given certain annual benefits, which CRA calls Non-Refundable Tax Credits.
These benefits, if not used in the specific year, cannot be rolled over to next year. As it is interesting to read we have provided a link. You can click and download in pdf format in your computer, if you like.