Total net income or loss – item 26

Print at item 26 Total net income or loss the amount equal to the amount shown at item 24 Total of items 20 to 23, less any amount shown at item 25 – label C Tax losses deducted.

If at item 24 you show a net loss amount, the total shown at item 26 is the same. If at item 24 you show a net income amount, the amount at item 26 cannot be a loss since the total amount you can claim as a deduction at item 25 must not exceed the net income at item 24.

Print L in the box at the right of the amount, if the amount at item 26 is a loss.

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• Losses information – item 27