Line 52930 gross or net?

Forum|Forum|3 years ago
March 28, 2023
2 replies
8 views

On line 52930 (Foreign sourced non-resident income) do I enter gross amount or net (after foreign tax)?

Thank you!

ProFile (Canada)

This topic has been closed for replies.

Best answer by janisbossenberry

You would enter the gross income. If they paid income tax to the foreign country during a period of non-residency, it does not qualify as a foreign tax credit or a deduction.

J

janisbossenberryAnswer

Level 7

You would enter the gross income. If they paid income tax to the foreign country during a period of non-residency, it does not qualify as a foreign tax credit or a deduction.

J

JRBooks1

Level 4

CRA wants to know the gross income while the client was non-resident to determine his/her eligibility for credits such as the GST credit, Canada child benefit, etc, on the same basis as a "regular" resident. Line 15000 is essentially a taxpayer's gross income minus a few deductions (which include eligible expenses against rental and self-employment income). A few more deductions brings one to line 23600 - net income - which determines a taxpayer's eligibility for a whole host of programs. Taxes don't factor into the calculations for either line, so they shouldn't for line 52930 either.

Hope this helps.

Jo

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