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Worksheet ON479 | 2020 Protected B when completed |
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| Use this worksheet to calculate the amounts to enter on your Form ON479, Ontario Credits. | ||||||||||||||||
| Keep this worksheet for your records. Do not attach it to your return. | ||||||||||||||||
| Line 4 | – Ontario political contribution tax credit | |||||||||||||||
| Use the amount from line 63110 of your Form ON479 to complete the appropriate column below. | ||||||||||||||||
| Line 63110 is more | ||||||||||||||||
| Line 63110 is | than $423 but not | Line 63110 is | ||||||||||||||
| $423 or less | more than $1,410 | more than $1,410 | ||||||||||||||
| Enter your total political contributions | ||||||||||||||||
| from line 63110 of your Form ON479. | 1 | |||||||||||||||
| – | – | – | 2 | |||||||||||||
| Line 1 minus line 2 (cannot be negative) | = | = | = | 3 | ||||||||||||
| x 75% | x 50% | x 33.33% | 4 | |||||||||||||
| Line 3 multiplied by the percentage from line 4 | = | = | = | 5 | ||||||||||||
| + | + | + | 6 | |||||||||||||
| Line 5 plus line 6 | = | = | = | 7 | ||||||||||||
| Enter the amount from line 7 on line 4 of your Form ON479. | ||||||||||||||||
| Line 8 | – Ontario apprenticeship training tax credit | |||||||||||||||
| If the total salaries and wages paid in the previous year were more than $400,000 but less than $600,000, complete this chart for each apprentice who started a qualifying apprenticeship after December 31, 2016 and before November 15, 2017. |
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| Amount of eligible expenditures (1) incurred in 2020 | A | x 25% = | 1 | |||||||||||||
| x 5% | 2 | |||||||||||||||
| Amount A multiplied by the percentage from line 2 | = | ► | 3 | |||||||||||||
| Total salaries and wages paid in the previous tax year | 4 | |||||||||||||||
| – 400,000.00 | 5 | |||||||||||||||
| Line 4 minus line 5 (if negative, enter "0") | = | 6 | ||||||||||||||
| ÷ 200,000.00 | 7 | |||||||||||||||
| Line 6 divided by line 7 | = | 8 | ||||||||||||||
| 1.00 | 9 | |||||||||||||||
| Amount from line 8 above | – | 10 | ||||||||||||||
| Line 9 minus line 10 (if negative, enter "0") | = | ► | x | 11 | ||||||||||||
| Line 3 multiplied by line 11 | = | ► | + | 12 | ||||||||||||
| Line 1 plus line 12 | (maximum $5,000 per apprentice) | = | 13 | |||||||||||||
| Enter the total amount claimed for all apprentices in qualifying apprenticeships on line 8 of your Form ON479. | ||||||||||||||||
| (1) | You must reduce your eligible expenditures by the amount of government assistance you received, are entitled to receive, or may reasonably expect to receive. |
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| 5006-D1 E (20) | (Ce formulaire est disponible en français.) | Page 1 of 2 | ||||||||||||||