Question on taxpayer's net income on informational form CCB (line 2)
Under the latest version, line 2 of the form CCB ($39,841.42) is not the same number as found on line 23600 ($53,121.89). I'm curious how these would/should be different. The only incomes are a T4 ($55,682.12) and a GST370 amount ($39.05) from prior year. Various deductions ($1,713.78 line 20800, $521.82 line 22215, $363.68 line 22900)
Question on taxpayer's net income on informational form CCB (line 2)
Line 2 of CCB is the Taxpayer's 2024 adjusted net income and line 23600 is the net income
Adjusted family net income – your family net income minus any universal child care benefit (UCCB) and registered disability savings plan (RDSP) income received plus any UCCB and RDSP amounts repaid. If you received split income, refer to page 3 of the information sheet for Form T1206, Tax on Split Income.
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