Completing your tax return
If you show income at Total income or loss on page 3 of your tax return:
- take away the amount at Total deductions from the amount at Total income or loss
- write the result at Subtotal
- if the amount at Subtotal is less than zero, print L in the Loss box at the right of the amount.
If you show a loss at Total income or loss on page 3 of your tax return:
- add the amount at Total deductions to the amount at Total income or loss
- write the result at Subtotal
- print L in the Loss box at the right of the amount.
Where to go next
- Go to question L1 Tax losses of earlier income years 2020.
- Return to main menu Individual tax return instructions 2020.
- Go back to Total deductions 2020.