Adjusted family net income for the purpose of the working income tax benefit

Posted on by Simon Zhong

Adjusted family net income is one of the two amounts used to calculate the working income tax benefit (WITB). To calculate adjusted family net income, you first add back the following amounts into your net income amount from line 236 of your return:

    • Tax-exempt part of all income earned or received on a reserve or an allowance received as an emergency volunteer
    • Universal child care benefit (UCCB) repayment from line 213 of your return.
      Registered disability savings plan (RDSP) income repayment from line 232 of your return

And then, subtract the following amounts:

    • Universal child care benefit (UCCB) from line 117 of your return
    • Registered disability savings plan (RDSP) income from line 125 of your return