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Total income or loss 2013

Complete the total income or loss section of your tax return.

Last updated 27 May 2013

Completing your tax return

Go to TOTAL INCOME OR LOSS on page 3 of your tax return.

Step 1

Check that you have shown all your income.

Step 2

Add up all the amounts in the right-hand column for items 1 to 12 on pages 2-3 of your tax return.

Step 3

If below item 12 on your tax return you have no amount at I go to step 4, otherwise read on. If the amount at I is a loss you take it away from your total from step 2, otherwise add the amount at I to your total from step 2.

Step 4

Write your answer at TOTAL INCOME OR LOSS.

If your answer is a loss, print L in the LOSS box at the right of TOTAL INCOME OR LOSS.

Where to go next

QC32455