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what is a social benefit repayment
what is net income before adjustments
February 27, 2025
5:34 PM
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If you received employment insurance (EI) benefits, old age security (OAS) pension, net federal supplements, and/or the Canada Recovery Benefit (CRB) during the year, and had to repay all or part of the amount you got, that is a social benefit repayment.
Net Income Before Adjustments is used to calculate various credits & benefits, as well as clawbacks of OAS and employment insurance. Net Income Before Adjustments calculated by subtracting a list of expenses and deductions from Total Income for Tax Purposes.
February 28, 2025
10:54 AM