What is the Social Benefit repayment that is on my Net Income?
Hello @Stebil45
You may have Social Benefits Repayment according to your income. Social benefits repayments are for Employment Insurance or Old Age Security received. If your income exceeds a threshold you need to repay amounts received.
Please check this CRA link for more information
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-23500-social-benefits-repayment.html
Thank you
Enter the amount from line 23500 of your federal income tax return for 2022