| Quick edit form(mobile version) | ||||||||||||||||||
| Protected B when completed | ||||||||||||||||||
| Part C – Prince Edward Island tax (continued) | ||||||||||||||||||
| Amount from line 67 of the previous page | 74 | |||||||||||||||||
| Basic reduction | Claim $350 | 63370 | 75 | |||||||||||||||
| Age reduction for self (if you were born in 1959 or earlier) | Claim $250 | 63380 | + | 76 | ||||||||||||||
| Reduction for spouse or common-law partner (if you had | ||||||||||||||||||
| a spouse or common-law partner on December 31, 2024) | Claim $350 | 63390 | + | 77 | ||||||||||||||
| Age reduction for spouse or common-law partner | ||||||||||||||||||
| (if they were born in 1959 or earlier) | Claim $250 | 63400 | + | 78 | ||||||||||||||
| Reduction for an eligible dependant claimed on line 58160 | Claim $350 | 63410 | + | 79 | ||||||||||||||
| Reduction for dependent children born in 2006 or later: | ||||||||||||||||||
| Number of dependent children | ||||||||||||||||||
| (do not include a child claimed on line 63410) | 60999 | x $300 = | + | 80 | ||||||||||||||
| Add lines 75 to 80. | = | 81 | ||||||||||||||||
| Adjusted family income: | ||||||||||||||||||
| Amount from line 73 of the previous page | 82 | |||||||||||||||||
| Base amount | – | 83 | ||||||||||||||||
| Line 82 minus line 83 (if negative, enter "0") | = | 84 | ||||||||||||||||
| Applicable rate | x 5% | 85 | ||||||||||||||||
| Line 84 multiplied by the percentage from line 85 | = | ► | – | 86 | ||||||||||||||
| Line 81 minus line 86 | Prince Edward Island low-income | |||||||||||||||||
| (if negative, enter "0") | tax reduction | = | ► | – | 87 | |||||||||||||
| Line 74 minus line 87 (if negative, enter "0") | = | 88 | ||||||||||||||||
| Provincial foreign tax credit (complete Form T2036) | – | 89 | ||||||||||||||||
| Line 88 minus line 89 (if negative, enter "0") | = | 90 | ||||||||||||||||
| Prince Edward Island political contributions made in 2024 | 63420 | 91 | ||||||||||||||||
| Prince Edward Island political contribution tax credit (use Worksheet PE428) | (maximum $500) | – | 92 | |||||||||||||||
| Line 90 minus line 92 (if negative, enter "0") | = | 93 | ||||||||||||||||
| Equity tax credit: | ||||||||||||||||||
| Equity tax credit from Certificate PE-ETC | 63500 | 94 | ||||||||||||||||
| Unused Prince Edward Island equity tax credit from your | ||||||||||||||||||
| most recent notice of assessment or reassessment | + | 95 | ||||||||||||||||
| Line 94 plus line 95 | (maximum $7,000) | = | ► | – | 96 | |||||||||||||
| Line 93 minus line 96 (if negative, enter "0") | ||||||||||||||||||
| Enter this amount on line 42800 of your return. | Prince Edward Island tax | = | 97 | |||||||||||||||
| Part D – Prince Edward Island tax credits | ||||||||||||||||||
| Prince Edward Island volunteer firefighter and volunteer search and rescue personnel tax credit | ||||||||||||||||||
| Enter this amount on line 47900 of your return. | Claim $1,000 | 63510 | 98 | |||||||||||||||
| Unused low-income tax reduction that your spouse or common-law partner can claim | ||||||||||||||||||
| Amount from line 87 above | 99 | |||||||||||||||||
| Amount from line 65 of the previous page | – | 100 | ||||||||||||||||
| Line 99 minus line 100 (if negative, enter "0") | Unused amount | = | 101 | |||||||||||||||
| See the privacy notice on your return. | ||||||||||||||||||
| 5002-C E (24) | Page 4 of 4 | |||||||||||||||||