|
Box |
Where do I put it? |
What is it? |
What else is relevant? |
|
21 |
Schedule 3, Line 176 |
Capital gains |
Subtract the amount in Box 30 to get the amount of capital gains that are not eligible for the capital gains deduction. If any portion of this amount is foreign non-business income, a footnote will indicate the amount that is to be entered on Line 433 of Schedule 1 in the calculation of Foreign Tax Credit. |
|
22 |
Line 130 |
Lump-sum pension benefits |
This amount is eligible to be transferred to the taxpayer's RRSP. |
|
23 |
|
Actual amount of dividends other than eligible dividends |
This amount is used to calculate the amount shown in Box 32. Do not include this amount on the return. |
|
24 |
Line 135 and Form T2209 |
Foreign business income |
Complete Form T2209 Federal Foreign Tax Credits, to determine the credit for taxes shown in Box 33. |
|
25 |
Schedule 4 and Line 433 on Schedule 1 |
Foreign non-business income |
Include this amount on Line 433 of Schedule 1 in the calculation of Foreign Tax Credit. |
|
26 |
Line 130 |
Other income |
Reduce the amount in Box 26 by the amount in Box 31 and enter the result on Line 130. If a footnote indicates that a portion of the amount in this box is for eligible capital property, enter that amount on Line 173 of Schedule 3. |
|
30 |
Schedule 3 |
Capital gains eligible for the capital gains deduction |
The footnotes will tell you how much is for qualified small business corporation shares enter on Line 107 of Schedule 3 and the amount that is for qualified farm or fishing property enter that amount on Line 110 of Schedule 3. |
|
31 |
Line 115 |
Qualifying pension income |
This amount qualifies for the Pension Income Amount on Line 314 and thus for pension income splitting. |
|
32 |
Line 120 |
Taxable amount of dividends other than eligible dividends |
This is 125% of the amount in Box 23. This amount is added to the taxable amount of eligible dividends and the total is reported in Line 120. This amount is also reported in Line 180. |
|
33 |
T2209 |
Foreign business income taxes paid |
Complete Form T2209 Federal Foreign Tax Credits to determine the credit for foreign business taxes paid. |
|
34 |
Schedule 1 |
Foreign non-business income taxes paid |
Include this amount on Line 431 of Schedule 1 in the calculation of Foreign Tax Credit for non-business income taxes paid. |
|
35 |
Line 130 |
Eligible death benefits |
This amount may be reduced by the $10,000 exemption. |
|
36 |
|
Miscellaneous |
The footnotes will indicate what type of income or deduction this is. |
|
37 |
Schedule 3 |
Insurance Segregated Fund Capital Losses |
Enter this amount as a loss (negative amount) on Line 176 of Schedule 3. |
|
38 |
Line 456 |
Part XII.2 tax credit. |
This is a credit for taxes already paid by the trust. |
|
39 |
Schedule 1, Line 425 |
Dividend tax credit for other than eligible dividends |
This is the credit for the dividends reported in Box 23 (and shown grossed-up in Box 32). This amount is added to the dividend tax credit for eligible dividends reported in box 51 and the total is reflected in Line 425. |
|
40 |
T2038(IND) |
Investment tax credit cost |
Use this amount in completing T2038(IND) Investment Tax Credit (Individuals). |
|
41 |
T2038(IND) |
Investment tax credit |
Use this amount in completing T2038(IND) Investment Tax Credit (Individuals). |
|
42 |
|
Amount resulting in cost base adjustment. |
This amount is not entered on the current year return, but is used to reduce the ACB of the mutual fund units owned by the taxpayer. |
|
45 |
T1129 |
Other Credits |
Use the footnoted amount to complete Form T1129 Newfoundland Scientific Research and Experimental Development Tax Credit or the Form T1232 Yukon Research and Development Tax Credit. The credit will be transferred to Line 479. |
|
46 |
|
Pension income qualifying for an eligible annuity for a minor. |
This amount is already included in Box 26. |
|
47 |
|
Retiring allowance eligible for transfer to an RRSP or RPP. |
This amount is already included in Box 26. |
|
48 |
Schedule 9 |
Eligible amount of charitable donations. |
Include on the appropriate line of Schedule 9, depending on the type of donation. |
|
49 |
|
Actual amount of eligible dividends |
This amount is used to calculate the amount shown in Box 50. Do not include this amount on the return. |
|
50 |
Line 120 |
Taxable amount of eligible dividends |
This is 145% of the amount in Box 49. This amount is added to the taxable amount of other than eligible dividends and the total is reported in Line 120. This amount is also reported in Line 180. |
|
51 |
Schedule 1, Line 425 |
Dividend tax credit for eligible dividends |
This is the credit for the dividends reported in Box 49 (and shown grossed-up in Box 50). This amount is added to the dividend tax credit for other than eligible dividends reported in box 32 and the total is reflected in Line 425. |
Help & Contact: 1 866 953 4769