Total income

You have to include in income most amounts you received in 1999. However, you do not have to include any of the following amounts in your income:

• any GST/HST credit or Canada Child Tax Benefit payments;
• any provincial or territorial child tax credits or benefits;
• allowances for newborn children received from the Régie des rentes du Québec and Quebec family allowances;
• compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident;
• lottery winnings or inheritances;
• any allowance, disability pension, or dependants' pension paid for war service; or
• most amounts received from a life insurance policy following someone's death.

Note
Income earned on any of the above amounts is taxable (such as interest you earn when you invest lottery winnings).

Retroactive lump-sum payments

You may have received a lump-sum payment of certain income in 1999, of which parts were for previous years after 1977. You have to report the whole payment for 1999.

Under proposed changes, you can ask us to tax the parts for the previous years as if you received them in those years. We will do this for the parts that apply to years throughout which you were resident in Canada, if the total of those parts is $3,000 or more (not including interest) and it is better for you. Eligible income includes:

• employment income and damages for loss of employment received under a court judgment, arbitration award, or lawsuit settlement agreement;
• periodic pension benefits (which do not include amounts received when leaving the plan);
• wage-loss replacement plan benefits;
• spousal or child support payments; and
• Employment or Unemployment Insurance benefits.

The payer will give you a completed Form T1198, Statement of Qualifying Retroactive Lump-Sum Payment. If you receive a form for a previous year, contact us.

Loans and transfers of property

You may have to report income, such as dividends (see line 120) or interest (see line 121) from property (including money and any replacement property) you loaned or transferred to your spouse, child, or other relative. You also may have to report capital gains (see line 127) or losses from the disposition of property you loaned to your spouse.

For details, get Interpretation Bulletin IT-510, Transfers and Loans of Property made after May 22, 1985 to a Related Minor, or IT-511, Interspousal and Certain Other Transfers and Loans of Property.

Tax shelters

To claim deductions or losses from tax shelter investments, attach to your paper return any applicable T5003 and T5013 slips, and a completed Form T5004, Statement of Tax Shelter Loss or Deduction. Make sure your form shows the tax shelter identification number.