Box 14 or 24 - Income code
Enter the appropriate numeric income code from the list below. For example, enter income code "31" to identify a lump-sum payment from a deferred profit-sharing plan.
Use the proper two-digit code. For example, copyright royalties should be reported using "05" not "5."
On this page
Pension and similar payments
Mutual fund investment distributions
Interest and dividends
Rents, royalties, and franchise payments
Miscellaneous payments
Pension and similar payments
Deferred profit-sharing plans (DPSP)
| Income Code |
Description |
| 07 |
DPSP – Periodic payments |
| 31 |
DPSP – Lump-sum payments |
Registered disability savings plan (RDSP)
| Income Code |
Description |
| 63 |
RDSP |
Tax Free Savings Account (TFSA)
| Income Code |
Description |
| 64 |
TFSA – taxable amount |
Pooled registered pension plan (PRPP)
| Income Code |
Description |
| 65 |
PRPP – Periodic payment |
| 66 |
PRPP – Lump-sum payments |
Registered retirement income funds (RRIF)
| Income Code |
Description |
| 26 |
RRIF – Periodic payments Footnote 1 |
| 27 |
RRIF – Lump-sum payments Footnote 1 |
Registered retirement savings plans (RRSP)
| Income Code |
Description |
| 28 |
RRSP – Periodic payments |
| 29 |
RRSP – Refund of premiums |
| 30 |
RRSP – Refund of excess amounts |
| 32 |
RRSP – Amounts deemed received on deregistration |
| 33 |
RRSP – Amounts deemed received on death |
| 43 |
RRSP – Lump-sum payments |
Superannuation or pension benefits
| Income Code |
Description |
| 39 |
Superannuation or pension benefits – Periodic payments |
| 40 |
Superannuation or pension benefits – Lump-sum payments |
Other payments
| Income Code |
Description |
| 02 |
Other – Periodic payments |
| 03 |
Other – Lump-sum payments |
| 04 |
Automotive products – Assistance benefits |
| 06 |
Death benefit (other than Canada Pension Plan or Quebec Pension Plan) |
| 14 |
Income-averaging annuity contracts – Report all benefits including lump-sum payments on proceeds of disposition of these contracts |
| 34 |
Registered supplementary unemployment benefits |
| 36 |
Retiring allowance |
| 37 |
Retirement compensation arrangements |
| 41 |
Textile, clothing, and leather goods – Assistance and superannuation or pension benefits |
Social security benefits
| Income Code |
Description |
| 44 |
Old Age Security payments (regular benefits) Footnote 2 |
| 45 |
Net federal (guaranteed income) supplement Footnote 2 |
| 46 |
Taxable Canada Pension Plan (CPP) benefits |
| 47 |
Canada Pension Plan (CPP) – Disability benefits |
| 48 |
CPP death benefits – Lump-sum payments |
| 49 |
Taxable Quebec Pension Plan (QPP) benefits |
| 50 |
Quebec Pension Plan (QPP) – Disability benefits |
| 51 |
QPP death benefits – Lump-sum payments |
| 86 |
One-time payment for older seniors (OAS) |
| 88 |
Old Age Security recovery tax |
Mutual fund investment distributions
Taxable Canadian property (TCP)
| Income Code |
Description |
| 57 |
TCP gains distribution – Capital gains dividends paid by mutual fund corporations |
| 58 |
TCP gains distribution – Capital gains distributions made by mutual fund trusts |
Assessable distributions
| Income Code |
Description |
| 59 |
Assessable distributions paid or credited by a Canadian property mutual fund investment corporation |
| 60 |
Assessable distributions paid or credited by a Canadian property mutual fund investment trust |
Interest and dividends
Interest
| Income Code |
Description |
| 61 |
Arm’s length interest payments |
| 62 |
Non-arm’s length interest payments |
Dividends
| Income Code |
Description |
| 08 |
Dividends paid by Canadian subsidiaries to foreign parent corporations |
| 09 |
Dividends – Other |
| 85 |
Dividend compensation payments made under a security lending arrangement (SLA) |
Rents, royalties, and franchise payments
Rents, royalties, and franchise payments
| Income Code |
Description |
| 05 |
Copyright royalties |
| 12 |
Franchise and similar rights |
| 13 |
Gross rents from real property |
| 23 |
Natural resource royalties |
| 35 |
Research and development royalties |
| 38 |
Royalties and similar payments for the use of, or the right to use, other properties |
| 52 |
Timber royalties |
Miscellaneous payments
Miscellaneous payments
| Income Code |
Description |
| 10 |
Energy conversion grants |
| 11 |
Estate and trust income |
| 21 |
Management or administrative fee or charge |
| 22 |
Motion picture films and films or videotape, etc. for TV use |
| 24 |
Registered education savings plan |
| 53 |
Eligible funeral arrangements |
| 54 |
Film and video acting services |
| 55 |
Film and video acting services – Contingent compensation |
| 56 |
Film and video acting services – Residuals |
Report a problem or mistake on this page
Thank you for your help!
You will not receive a reply. For enquiries, contact us.
- Date modified:
- 2021-12-30
