Free untitled - Canada

NS428 T1 General ­ 2009

Nova Scotia Tax and Credits
Complete this form and attach a copy of it to your return. For details, see the forms book.

Step 1 ­ Nova Scotia non-refundable tax credits
For internal use only Basic personal amount claim $7,981 Age amount (if born in 1944 or earlier) (use provincial worksheet) (maximum $3,897) Spouse or common-law partner amount Base amount 7,456 00 5602 5804 1

5808 +

2

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Minus: his or her net income from page 4 [1] of your return Result: (if negative, enter "0") (maximum $6,778) Amount for an eligible dependant Amount for infirm dependants age 18 or older (use provincial worksheet) (use provincial worksheet)

­ =
5812 + 5816 + 5820 + 3 4 5

Amount for young children (Complete the chart on the page 17 [the last page] ) (see line 5823 in the forms book) Number of months 6372

× $100

=

5823 +

6

Canada Pension Plan or Quebec Pension Plan contributions (amount from line 308 of your federal Schedule 1)
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5824 +

7

(amount from line 310 of your federal Schedule 1) Employment Insurance premiums Pension income amount (maximum $1,104) Caregiver amount Disability amount (for self) (amount from line 312 of your federal Schedule 1) (see line 5836 in the forms book) (see line 5844 in the forms book) (use provincial worksheet)

5828 +

8

5832 + 5836 + 5840 + 5844 + 5848 + 5849 + 5852 + continue on next page

9 10 11 12 13 14 15

(use provincial worksheet)

Disability amount transferred from a dependant Sport and recreational expenses for children Interest paid on your student loans

(see line 5849 in the forms book)

(amount from line 319 of your federal Schedule 1)

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Your tuition and education amounts

[attach Schedule NS(S11)]

5856 + 5860 +

16 17

Tuition and education amounts transferred from a child Amounts transferred from your spouse or common-law partner [attach Schedule NS(S2)]

5864 + 19

18

Medical expenses from line 330 of your federal Schedule 1 Enter $1,637 or 3% of net income from line 236 of your return, whichever is less.

5868

Line 19 minus line 20 (if negative, enter "0") Allowable amount of medical expenses for other dependants calculated for line 5872 on the "Provincial Worksheet" Add lines 21 and 22.

­ =

20 21

5872 + 5876 =

22

+
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23

Add lines 1 through 18, and line 23.

5880 = 24

Non-refundable tax credit rate Multiply line 24 by line 25. Donations and gifts Amount from line 345 of your federal Schedule 9

×
5884 =

8.79%

25 26

×

8.79% =

27

Amount from line 347 of your federal Schedule 9

× 17.5% =
Add lines 27 and 28.

+ 5896 = +

28

29

Nova Scotia Add lines 26 and 29. non-refundable Enter this amount on line 42. tax credits
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6150 = continue on next page

30

Step 2 ­ Nova Scotia tax on taxable income
Enter your taxable income from line 260 of your return. Use the amount at line 31 to determine which ONE of the following columns If line 31 is you have to complete. $29,590 or less Enter the amount from line 31 in the applicable column. Line 32 minus line 33 (cannot be negative) Multiply line 34 by line 35. Add lines 36 and 37. Nova Scotia tax on taxable income 31 If line 31 is more than $29,590, but not more than $59,180

32

­ = × = + =

0 00 33 ­ 34 = 8.79% 35 × 36 = 0 00 37 + 38 = Go to Step 3

29,590 00

14.95%

2,601 00 Go to Step 3

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Use the amount at line 31 to determine which ONE of the following columns you have to complete.

If line 31 is more than $59,180, but not more than $93,000

If line 31 is more than $93,000

Enter the amount from line 31 in the applicable column.

32

­
Line 32 minus line 33 (cannot be negative) Multiply line 34 by line 35. Add lines 36 and 37. Nova Scotia tax on taxable income

59,180 00 33 ­ 34 = 16.67% 35 × 36 = 7,025 00 37 + 38 = Go to Step 3

93,000 00

= × = + =

17.5%

12,662 00 Go to Step 3

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Step 3 ­ Nova Scotia tax
Enter your Nova Scotia tax on taxable income from line 38. Enter your Nova Scotia tax on split income, if applicable, from Form T1206. Add lines 39 and 40. Enter your Nova Scotia non-refundable tax credits from line 30. Nova Scotia dividend tax credit: Credit calculated for line 6152 on the "Provincial Worksheet" 6152 + 43 6151 + 39 40 41 42

=

Nova Scotia overseas employment tax credit: Amount from line 426 of federal Schedule 1

× 57.5% =

6153 +

44

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Nova Scotia minimum tax carryover: Amount from line 427 of federal Schedule 1

× 57.5% =
Add lines 42 through 45.

6154 +

45

= ­
46 47

Line 41 minus line 46 (if negative, enter "0") Nova Scotia additional tax for minimum tax purposes: Amount from line 117 of Form T691

=

× 57.5% =
Add lines 47 and 48.

+ =

48 49

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Nova Scotia surtax: (Amount from line 49 minus $10,000) × 10% (if negative, enter "0") Add lines 49 and 50. Enter the provincial foreign tax credit from Form T2036. Line 51 minus line 52 Nova Scotia low-income tax reduction If you had a spouse or common-law partner on December 31, 2009, you have to agree on who will claim the tax reduction as only one of you can make this claim for your family.

+ = ­ =

50 51 52 53

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Adjusted family income for the calculation of the Nova Scotia low-income tax reduction Column 2 Column 1 Your spouse or You common-law partner Enter the net income amount from line 236 of the return. 54 54 Total of the Universal Child Care Benefit repayment (line 213 of the return) and the registered disability savings plan income repayment (included on line 232) Add lines 54 and 55. Total of the Universal Child Care Benefit income (line 117 of the return) and income from a registered disability savings plan (included on line 125)

+ =

55 56

+ =

55 56

­
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57

­

57

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Column 1 You Line 56 minus line 57 (if negative, enter "0")

Column 2 Your spouse or common-law partner 58

=

=

58

Add the amounts from line 58 in column 1 and column 2, if applicable. Enter the amount on line 66 on the Adjusted next page. family income Enter the amount from line 53 on page 10 [the previous page]. Basic reduction Reduction for your spouse or common-law partner claim $300 claim $300 6195 6197 + 61 62

59 60

Reduction for an eligible dependant claimed on line 5816 (see line 63 in the forms book) claim $300
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6199 +

63

Reduction for dependent children born in 1991 or later: Number of dependent children 6099

× $165 =

Add lines 61 through 64. Adjusted family income Enter the amount from line 59 on the previous page. Base amount Line 66 minus line 67 (if negative, enter "0") Applicable rate Multiply line 68 by line 69.

+ =

64 65

66

­ 15,000 00 67 = 68 5% × 69 = ­
70

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Line 65 minus line 70 (if negative, enter "0")

Nova Scotia low-income tax reduction

= ­
71 72

Line 60 minus line 71 (if negative enter "0") Political contribution tax credit Nova Scotia political contributions made in 2009 6210

=

× 75% =

(max $750)

Line 72 minus line 73 (if negative, enter "0") Labour-sponsored venture capital tax credit Cost of shares from Form NSLSV

­ =

73 74

× 20% =

(max $2,000)

6238 ­

75 76

Line 74 minus line 75 (if negative, enter "0")

=

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Post-secondary graduate tax credit Unused post-secondary graduate tax credit from your 2008 notice of assessment or notice of (see line 77 in reassessment the forms book) Line 76 minus line 77 (if negative, enter "0") Graduate retention rebate Claim this rebate if you graduated from a university or college program in 2009. If you graduated from an institution outside Nova Scotia, check this box. Enter $2,500 for a university program or enter $1,250 for a college program. 6378

­ =

77 78

(see line 79 in the forms book)

6379 ­

79 80

Line 78 minus line 79 (if negative, enter "0")

=

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Equity tax credit Enter the equity tax credit calculated on Form T1285. Line 80 minus line 81 (if negative, enter "0") Enter the result on line 428 of your return. Nova Scotia tax

­

81

=

82

Nova Scotia volunteer firefighters and ground search and rescue tax credit
Volunteer firefighters and ground search and rescue tax credit (see line 83 in the forms book). Enter this amount on line 479 of your return. claim $500

6228

83

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Details of amount for young children (if you need more space, attach a separate sheet of paper) Child's name Relationship to you

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Child's date of birth Year Month Day

Number of eligible months

Year

Month

Day

+
Year Month Day

+
Total number of eligible months for all children

=

Enter this amount beside box 6372 on page 2 [the first page]

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