$1.$ Basic personal amount Every resident of Canada can enter a basic personal amount of $ $15,705.$ However $,$ if your net income from all sources will be greater than $ $173,205$ and you enter $ $15,705,$ you may have an amount owing on your income tax and benefit return at the end of the tax year $.$ If your income from all sources will be greater than $ $173,205,$ you have the option to calculate a partial claim $.$ To do so $,$ fill in the appropriate section of Form TD$1-$ WS $,$ Worksheet for the $2024$ Personal Tax Credits Return $,$ and enter the calculated amount here $.$