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Worksheet NS428 | 2023 | |||||||||||
| Use this worksheet to calculate the amounts to enter on Form NS428, Nova Scotia Tax. | |||||||||||||
| Keep this worksheet for your records. Do not attach it to your return. | |||||||||||||
| Line 58040 – Basic personal amount | |||||||||||||
| If the amount from line 26000 of your return is: | |||||||||||||
| • $25,000 or less, enter $11,481 on line 58040 of your Form NS428 | |||||||||||||
| • $75,000 or more, enter $8,481 on line 58040 of your Form NS428 | |||||||||||||
| Otherwise, complete the calculation below. | |||||||||||||
| Base amount | 1 | ||||||||||||
| Supplement amount | 2 | ||||||||||||
| Amount from line 26000 of your return | 3 | ||||||||||||
| Income threshold | – | 4 | |||||||||||
| Line 3 minus line 4 (if negative, enter "0") | = | 5 | |||||||||||
| Applicable rate | x 6% | 6 | |||||||||||
| Line 5 multiplied by the percentage from line 6 | = | ► | – | 7 | |||||||||
| Line 2 minus line 7 (if negative, enter "0") | = | ► | + | 8 | |||||||||
| Line 1 plus line 8 | (maximum $11,481) | = | 9 | ||||||||||
| Enter the amount from line 9 on line 58040 of your Form NS428. | |||||||||||||
| Line 58080 – Age amount (if you were born in 1958 or earlier) | |||||||||||||
| Maximum amount | 1 | ||||||||||||
| Amount from line 23600 of your return | 2 | ||||||||||||
| Income threshold | – | 3 | |||||||||||
| Line 2 minus line 3 (if negative, enter "0") | = | 4 | |||||||||||
| Applicable rate | x 15% | 5 | |||||||||||
| Line 4 multiplied by the percentage from line 5 | = | ► | – | 6 | |||||||||
| Line 1 minus line 6 (if negative, enter "0") | = | 7 | |||||||||||
| Supplement amount | 8 | ||||||||||||
| Amount from line 26000 of your return | 9 | ||||||||||||
| Income threshold | – | 10 | |||||||||||
| Line 9 minus line 10 (if negative, enter "0") | = | 11 | |||||||||||
| Applicable rate | x 2.93% | 12 | |||||||||||
| Line 11 multiplied by the percentage from line 12 | = | ► | – | 13 | |||||||||
| Line 8 minus line 13 (if negative, enter "0") | = | ► | + | 14 | |||||||||
| Line 7 plus line 14 | (maximum $5,606) | = | 15 | ||||||||||
| Enter the amount from line 15 on line 58080 of your Form NS428. | |||||||||||||
| 5003-D E (23) | (Ce formulaire est disponible en français.) | Page 1 of 4 | |||||||||||