Nunavut Credits
Complete the calculations that apply to you, and attach a copy of this form to your return. For details, read the forms book.
NU479
T1 General 2009
Cost of living tax credit
Enter your net income from line 236 of your return. Enter the total of amounts you claimed on line 244 and line 250 of your return. Line 1 minus line 2 (if negative, enter "0") Enter the amount you claimed for foreign income on line 256 of your return that is exempt under a tax treaty. Line 3 minus line 4 (if negative, enter "0") 1 2 3
6054
Adjusted net income
4 5
Basic credit
Enter the amount from line 5. Applicable rate Multiply line 6 by line 7. Basic credit (maximum $1,200) 2% 6 7 8
Cost of living supplement for single parents
You can claim the supplement if you are a single parent and your adjusted net income (line 5) is more than $60,000. For details, read the forms book. Enter the amount from line 5. Base amount Line 9 minus line 10 (if negative, enter 0) Applicable rate Multiply line 11 by line 12. Add lines 8 and 13. Cost of living supplement (maximum $255.12) 6394 Total cost of living tax credit 6390 9
60,000 00 10
2% 11 12 13 14
Political contribution tax credit
Nunavut political contributions made in 2009 Credit calculated for line 16 on the Territorial Worksheet Enter your Nunavut tax from line 428 of your return. Enter the cost of living tax credit calculated at line 14. Line 17 minus line 18 (if negative, enter "0") Enter the amount from line 16 or line 19, whichever is less. Political contribution tax credit
6391
15 16 17 18 19 20
Risk capital investment tax credits
Unused risk capital investment tax credits from previous years (maximum $30,000) Enter the amount from line 19. Enter your political contribution tax credit from line 20. Line 22 minus line 23 Enter the amount from line 21 or 24, whichever is less. Enter your business training tax credit from Form T1317. Add lines 14, 20, 25 and 26. Enter the result on line 479 of your return. Nunavut credits 21 22 23 24 Risk capital investment tax credits 25
6399
26 27
5014-TC