| Quick edit form(mobile version) | ||||||||||||||||||||
| Protected B when completed | ||||||||||||||||||||
| Part C – New Brunswick tax (continued) | ||||||||||||||||||||
| Amount from line 58 of the previous page | 59 | |||||||||||||||||||
| New Brunswick dividend tax credit (use Worksheet NB428) | 61520 | •60 | ||||||||||||||||||
| New Brunswick minimum tax carryover: | ||||||||||||||||||||
| Amount from line 40427 of your return | x 57% = | 61540 | + | •61 | ||||||||||||||||
| Line 60 plus line 61 | = | ► | – | 62 | ||||||||||||||||
| Line 59 minus line 62 (if negative, enter "0") | = | 63 | ||||||||||||||||||
| New Brunswick additional tax for minimum tax purposes: | ||||||||||||||||||||
| Form T691: line 145 minus line 146 | x 57% = | + | 64 | |||||||||||||||||
| Line 63 plus line 64 | = | 65 | ||||||||||||||||||
| Provincial foreign tax credit (complete Form T2036) | – | 66 | ||||||||||||||||||
| Line 65 minus line 66 (if negative, enter "0") | = | 67 | ||||||||||||||||||
| New Brunswick low-income tax reduction | ||||||||||||||||||||
| If you had a spouse or common-law partner on December 31, 2024, you and your spouse or common-law partner need to decide who will claim this tax reduction for your family. Any unused amount from line 90 can be claimed by the other spouse or common-law partner on line 68 of their Form NB428. |
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| Unused low-income tax reduction from your spouse or common-law partner: | ||||||||||||||||||||
| Amount from line 90 of your spouse's or common-law partner's Form NB428, if any | 61560 | – | •68 | |||||||||||||||||
| Line 67 minus line 68 (if negative, enter "0") | ||||||||||||||||||||
| Enter this amount on line 76 of the next page. | = | 69 | ||||||||||||||||||
| If you claimed an amount on line 68, enter the amount from line 69 on line 87 and continue on line 91. If not, continue below. |
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| You are eligible to claim the low-income tax reduction if either of the following applies: | ||||||||||||||||||||
| • | You are single and your net income from line 23600 of your return is less than $47,376 | |||||||||||||||||||
| • | You have an eligible dependant or spouse or common-law partner and your adjusted family income (calculated using the chart below) is less than $73,410 |
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| If neither of these conditions applies to you, enter "0" on line 86, enter the amount from line 76 on line 87, and continue on line 91. |
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| Adjusted family income calculation for | Column 1 | Column 2 | ||||||||||||||||||
| the New Brunswick low-income tax reduction | You | Your spouse or | ||||||||||||||||||
| common-law partner | ||||||||||||||||||||
| Net income from line 23600 of the return (or the amount you would have entered if the instructions on line 23600 said "if negative, show in |
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| brackets") | 70 | |||||||||||||||||||
| Total of the universal child care benefit (UCCB) repayment (line 21300 of the return) and the registered disability savings plan (RDSP) income |
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| repayment (included on line 23200 of the return) | + | + | 71 | |||||||||||||||||
| Line 70 plus line 71 | = | = | 72 | |||||||||||||||||
| Total of the UCCB income (line 11700 of the return) and the RDSP | ||||||||||||||||||||
| income (line 12500 of the return) | – | – | 73 | |||||||||||||||||
| Line 72 minus line 73 (if negative, enter "0") | = | = | 74 | |||||||||||||||||
| Add the amounts from line 74 of columns 1 and 2, if any. | ||||||||||||||||||||
| Enter this amount on line 81 of the next page. | Adjusted family income | 75 | ||||||||||||||||||
| 5004-C E (24) | Page 3 of 4 | |||||||||||||||||||