Free untitled - Canada

T1-2009

Federal Tax

Schedule 1

Complete Step 1 to claim your federal non-refundable tax credits, Step 2 to calculate your federal tax on taxable income, and Step 3 to calculate your net federal tax. You must attach a copy of this schedule to your return.

Step 1 ­ Federal non-refundable tax credits (for details, see the related lines in the guide)
Basic personal amount claim $10,320 300 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

Age amount (if you were born in 1944 or earlier) (use federal worksheet) (maximum $6,408) Spouse or common-law partner amount (if negative, enter "0") his or her net income from page 1 of your return) $10,320 minus ( Amount for an eligible dependant (attach Schedule 5) (if negative, enter "0") $10,320 minus ( his or her net income) $2,089 Number of children 366 Amount for children born in 1992 or later Amount for infirm dependants age 18 or older (use federal worksheet and attach Schedule 5) CPP or QPP contributions: (maximum $2,118.60) through employment from box 16 and box 17 on all T4 slips on self-employment and other earnings (attach Schedule 8) Employment Insurance premiums from box 18 and box 55 on all T4 slips (maximum $731.79) Canada employment amount (if you reported employment income on line 101 or line 104, see line 363 in the guide) (maximum $1,044) Public transit amount Children's fitness amount Home renovation expenses (see line 368 in the guide and attach Schedule 12) Home buyers' amount (see line 369 in the guide) Adoption expenses Pension income amount (use federal worksheet) (maximum $2,000) Caregiver amount (use federal worksheet and attach Schedule 5) Disability amount (for self) (claim $7,196 or, if you were under age 18, use federal worksheet) Disability amount transferred from a dependant (use federal worksheet) Interest paid on your student loans Tuition, education, and textbook amounts (attach Schedule 11) Tuition, education, and textbook amounts transferred from a child Amounts transferred from your spouse or common-law partner (attach Schedule 2) Medical expenses for self, spouse or common-law partner, and your dependent children born in 1992 or later 330 Minus: $2,011 or 3% of line 236, whichever is less Subtotal (if negative, enter "0") Allowable amount of medical expenses for other dependants (see the calculation at line 331 in the guide and attach Schedule 5) 331 Add lines (A) and (B).

301 303 305 367 306 308 310 312 363 364 365 368 369 313 314 315 316 318 319 323 324 326

(A)
(B)

332
Add lines 1 to 24. 335

24 25

Donations and gifts (attach Schedule 9)

Multiply the amount on line 25 by 15%. 338 349
Total federal non-refundable tax credits: add lines 26 and 27. 350

26 27 28

Go to Step 2 on the next page

5000-S1

Step 2 ­ Federal tax on taxable income
Enter your taxable income from line 260 of your return. If line 29 is more than $40,726 but not more than $81,452 If line 29 is more than $81,452 but not more than $126,264 29

Use the amount on line 29 to determine which ONE of the following columns you have to complete. Enter the amount from line 29. Base amount Line 30 minus line 31 (cannot be negative) Rate Multiply line 32 by line 33. Tax on base amount Add lines 34 and 35.

If line 29 is $40,726 or less

If line 29 is more than $126,264 30

00,000 00
15%

40,726 00
22%

81,452 00
26%

126,264 00 31
29% 32 33 34 35 36

00,000 00

6,109 00

15,069 00

26,720 00

Step 3 ­ Net federal tax
Enter the amount from line 36 above. Federal tax on split income (from line 5 of Form T1206)

424 Add lines 37 and 38. 404 350 425 426 427
Add lines 40 to 43.

37 38 39 40 41 42 43 44 45

Enter your non-refundable tax credits from line 28. Federal dividend tax credit (see line 425 in the guide) Overseas employment tax credit (attach Form T626) Minimum tax carryover (attach Form T691)

Basic federal tax: line 39 minus line 44 (if negative, enter "0") 429

Federal foreign tax credit (attach Form T2209)

405
Federal tax: line 45 minus line 46 (if negative, enter "0") 406

46 47

Total federal political contributions (attach receipts) 409 Federal political contribution tax credit (use federal worksheet) Investment tax credit (attach Form T2038(IND)) Labour-sponsored funds tax credit Net cost 413

410 412

48 49 50 51

Allowable credit 414 Add lines 48 to 50. 416 Line 47 minus line 51 (if negative, enter "0") (if you have an amount on line 38 above, see Form T1206) Working Income Tax Benefit (WITB) advance payments received (box 10 on the RC210 slip) Additional tax on RESP accumulated income payments (attach Form T1172) Net federal tax: add lines 52 to 54. Enter this amount on line 420 of your return.

417 415 418 420

52 53 54 55

5000-S1