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Form 100. Personal Income Tax Return 2018

5.3.1. Concept of annual income for the purposes of applying personal and family minimums

The concept of annual income must be understood as the arithmetic sum of the positive and negative income (returns, gains and losses) of the tax period.

The returns must be computed at their net amount.

Specifically, the annual income will be the algebraic sum of the following concepts:

  1. Net income from work (box 0022).

  2. Net income from movable capital to be included in the general tax base (box 0054).

  3. Net income from movable capital to be included in the savings tax base (box 0038)

  4. Net income from real estate capital (box 0089)

  5. Net income from economic activities (boxes 0144, 0168 and 0196)

  6. Income imputations.

  7. Algebraic sum of the profits and losses computed in the year, without applying the integration and compensation rules. ("Totals" boxes on pages 10, 11, 12 and 13 of the declaration where capital gains and losses are reflected).