Amounts that are not taxed
You do not have to report certain amounts in your income, including the following:
- any GST/HST credit or Canada child tax benefit payments, as well as those from related provincial and territorial programs;
- child assistance payments and the supplement for handicapped children paid by the province of Quebec;
- compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident;
- most lottery winnings;
- most gifts and inheritances;
- amounts paid by Canada or an ally (if the amount is not taxable in that country) for disability or death due to war service;
- most amounts received from a life insurance policy following someone's death;
- most payments of the type commonly referred to as strike pay you received from your union, even if you perform picketing duties as a requirement of membership; and
Income earned on any of the above amounts (such as interest you earn when you invest lottery winnings) is taxable.
- most amounts received from a tax-free savings account (TFSA). For more information, see Guide RC4466, Tax-Free Savings Account (TFSA), Guide for Individuals.
Forms and publications
- General income tax and benefit package - Guide, return and schedules
- Guide RC4466, Tax-Free Savings Account (TFSA), Guide for Individuals
- Income Tax Folio S3-F9-C1: Lottery Winnings, Miscellaneous Receipts, and Income (and Losses) from Crime
- Interpretation Bulletin IT-365, Damages, Settlements, and Similar Receipts
- Interpretation Bulletin IT-397, Amounts Excluded from Income - Statutory Exemptions and Certain Service or RCMP Pensions, Allowances and Compensation
- Interpretation Bulletin IT-397RSR, Amounts Excluded from Income - Statutory Exemptions and Certain Service or RCMP Pensions, Allowances and Compensation - Special Release
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