| Quick edit form(mobile version) | ||||||||||||||||||||||||
| Protected B when completed | ||||||||||||||||||||||||
| Step 4 – Taxable income | ||||||||||||||||||||||||
| Enter the amount from line 58 of the previous page. | 59 | |||||||||||||||||||||||
| Canadian Armed Forces personnel and police deduction | ||||||||||||||||||||||||
| (box 43 of all T4 slips) | 24400 | 60 | ||||||||||||||||||||||
| Security options deductions (boxes 39, 41, 91, and 92 of all T4 slips or see Form T1212) | 24900 | + | 61 | |||||||||||||||||||||
| Additional security options deduction (use Federal Worksheet) | 24901 | + | 62 | |||||||||||||||||||||
| Other payments deduction (enter the amount from line 14700 if you did | ||||||||||||||||||||||||
| not enter an amount on line 14600; otherwise, use Federal Worksheet) | 25000 | + | 63 | |||||||||||||||||||||
| Limited partnership losses of other years | 25100 | + | 64 | |||||||||||||||||||||
| Non-capital losses of other years | 25200 | + | 65 | |||||||||||||||||||||
| Net capital losses of other years | 25300 | + | 66 | |||||||||||||||||||||
| Capital gains deduction for qualifying business transfer | ||||||||||||||||||||||||
| (complete Form T2048) | 25395 | + | 67 | |||||||||||||||||||||
| Capital gains deduction (complete Form T657) | 25400 | + | 68 | |||||||||||||||||||||
| Northern residents deductions (complete Form T2222) | 25500 | + | 69 | |||||||||||||||||||||
| Additional deductions (specify): | 25600 | + | 70 | |||||||||||||||||||||
| Add lines 60 to 70. | 25700 | = | ► | – | 71 | |||||||||||||||||||
| Line 59 minus line 71 (if negative, show in brackets) | = | 72 | ||||||||||||||||||||||
| Capital gains reduction add-back (complete Schedule 3) | 25999 | + | 73 | |||||||||||||||||||||
| Line 72 plus line 73 (if negative, enter "0") | Taxable income | 26000 | = | 74 | ||||||||||||||||||||
| Step 5 – Federal tax | ||||||||||||||||||||||||
| Part A – Federal tax on taxable income | ||||||||||||||||||||||||
| Use the amount from line 26000 to complete the appropriate column below. | ||||||||||||||||||||||||
| Line 26000 is more | Line 26000 is more | Line 26000 is more | ||||||||||||||||||||||
| Line 26000 is | than $55,867 but not | than $111,733 but not | than $173,205 but not | Line 26000 is more | ||||||||||||||||||||
| $55,867 or less | more than $111,733 | more than $173,205 | more than $246,752 | than $246,752 | ||||||||||||||||||||
| Amount from line 26000 | 75 | |||||||||||||||||||||||
| Line 75 minus line 76 | – | – | – | – | – | 76 | ||||||||||||||||||
| (cannot be negative) | = | = | = | = | = | 77 | ||||||||||||||||||
| Line 77 multiplied by the | x 15% | x 20.5% | x 26% | x 29% | x 33% | 78 | ||||||||||||||||||
| percentage from line 78 | = | = | = | = | = | 79 | ||||||||||||||||||
| Line 79 plus line 80 | + | + | + | + | + | 80 | ||||||||||||||||||
| Federal tax on | ||||||||||||||||||||||||
| taxable income | = | = | = | = | = | 81 | ||||||||||||||||||
| Enter the amount from line 81 on line 124 and continue at line 82. | ||||||||||||||||||||||||
| Part B – Federal non-refundable tax credits | ||||||||||||||||||||||||
| Basic personal amount: If the amount on line 23600 is $173,205 or less, enter $15,705. If the amount on line 23600 is $246,752 or more, enter $14,156. |
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| Otherwise, use the Federal Worksheet to calculate the amount to enter. | (maximum $15,705) | 30000 | 82 | |||||||||||||||||||||
| Age amount (if you were born in 1959 or earlier) | ||||||||||||||||||||||||
| (use Federal Worksheet) | (maximum $8,790) | 30100 | + | 83 | ||||||||||||||||||||
| Spouse or common-law partner amount (complete Schedule 5) | 30300 | + | 84 | |||||||||||||||||||||
| Amount for an eligible dependant (complete Schedule 5) | 30400 | + | 85 | |||||||||||||||||||||
| Canada caregiver amount for spouse or common-law partner, or eligible dependant age 18 or older | ||||||||||||||||||||||||
| (complete Schedule 5) | 30425 | + | 86 | |||||||||||||||||||||
| Canada caregiver amount for other infirm dependants age 18 or older (complete Schedule 5) | 30450 | + | 87 | |||||||||||||||||||||
| Canada caregiver amount for infirm children under 18 years of age (see Schedule 5) | ||||||||||||||||||||||||
| Number of children you are claiming this amount for | 30499 | x $2,616 = | 30500 | + | 88 | |||||||||||||||||||
| Add lines 82 to 88. | = | 89 | ||||||||||||||||||||||
| 5006-R E (24) | Please specify details for field 25100: |
Please specify details for field 25200: |
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