5001-C (Page 1 of 3) T1 General - 2011 NL428 Newfoundland and Labrador Tax and Credits Complete this form, and attach a copy to your return. For more information, see related lines in the forms book. Step 1 - Newfoundland and Labrador non-refundable tax credits Line 5600: For internal use only Line 1 and line 5804: Basic personal amount claim $7,989 ^ Line 2 and line 5808: Age amount (if born in 1946 or earlier) (use provincial worksheet) (maximum $5,100) ^ Spouse or common-law partner amount Base amount 7,181.00 Minus: his or her net income from page 1 of your return ^ Line 3 and line 5812: Result: (if negative, enter "0") = ^ (maximum $6,528) ^ Amount for an eligible dependant Base amount 7,181.00 Minus: his or her net income from line 236 of his or her return ^ Line 4 and line 5816: Result: (if negative, enter "0") = ^ (maximum $6,528) ^ Line 5 and line 5820: Amount for infirm dependants age 18 or older (use provincial worksheet) ^ CPP or QPP contributions: Line 6 and line 5824: (amount from line 308 of your federal Schedule 1) ^ Line 7 and line 5828: (amount from line 310 of your federal Schedule 1) ^ Employment Insurance premiums: Line 8 and line 5832: (amount from line 312 of your federal Schedule 1) ^ Line 9 and line 5829: (amount from line 317 of your federal Schedule 1) ^ Volunteer firefighters' amount Line 10 and line 5830: (amount from line 362 of your federal Schedule 1) (maximum $3,000) ^ Line 11 and line 5831: Child care amount (amount from line 214 of your return) ^ Line 12 and line 5833: Adoption expenses ^ Line 13 and line 5836: Pension income amount (maximum $1,000) ^ Line 14 and line 5840: Caregiver amount (use provincial worksheet) ^ Line 15 and line 5844: Disability amount (for self) ^ Line 16 and line 5848: Disability amount transferred from a dependant (use provincial worksheet) ^ Line 17 and line 5852: Interest paid on your student loans (amount from line 319 of your federal Schedule 1) ^ Line 18 and line 5856: Your tuition and education amounts [attach Schedule NL(S11)] ^ Line 19 and line 5860: Tuition and education amounts transferred from a child ^ Line 20 and line 5864: Amounts transferred from your spouse or common-law partner [attach Schedule NL(S2)] ^ Medical expenses: Line 21 and line 5868: Amount from line 330 of your federal Schedule 1 ^ Line 22: Enter $1,740 or 3% of line 236 of your return, whichever is less. ^ Line 23: Line 21 minus line 22 (if negative, enter "0") = ^ Line 24 and line 5872: Allowable amount of medical expenses for other dependants (use provincial worksheet) ^ Line 25 and line 5876: Add lines 23 and 24. = ^ Line 26 and line 5880: Add lines 1 through 20, and line 25. = ^ Line 27: Newfoundland and Labrador non-refundable tax credit rate 7.7% Line 28 and line 5884: Multiply line 26 by line 27. = ^ Donations and gifts: Line 29: Amount from line 345 of your federal Schedule 9 ^ Multiplied by 7.7% = ^ Line 30: Amount from line 347 of your federal Schedule 9 ^ Multiplied by 13.3% = ^ Line 31 and line 5896: Add lines 29 and 30. = ^ Line 32 and line 6150: Add lines 28 and 31. Newfoundland and Labrador non- refundable tax credits = ^ Enter this amount on line 44. Go to Step 2 on the next page. 5001-C (Page 2 of 3) Step 2 - Newfoundland and Labrador tax on taxable income Line 33: Enter your taxable income from line 260 of your return. ^ Complete the appropriate column depending on the amount on line 33. *** Transcriber's Note: Use column 1 if the amount on line 33 is $31,904 or less. Use column 2 if the amount on line 33 is more than $31,904, but not more than $63,807. Use column 3 if the amount on line 33 is more than $63,807. *** Column 1: Line 33 is $31,904 or less Line 34: Enter the amount from line 33. ^ Line 35: 0.00 Line 36: Line 34 minus line 35 (cannot be negative) = ^ Line 37: Rate 7.7% Line 38: Multiply line 36 by 7.7% = ^ Line 39: 0.00 Line 40: Add lines 38 and 39. Newfoundland and Labrador tax on taxable income = ^ Go to Step 3. Column 2: Line 33 is more than $31,904 but not more than $63,807 Line 34: Enter the amount from line 33. ^ Line 35: 31,904.00 Line 36: Line 34 minus line 35 (cannot be negative) = ^ Line 37: Rate 12.5% Line 38: Multiply line 36 by 12.5% = ^ Line 39: 2,457.00 Line 40: Add lines 38 and 39. Newfoundland and Labrador tax on taxable income = ^ Go to Step 3. Column 3: Line 33 is more than $63,807 Line 34: Enter the amount from line 33. ^ Line 35: 63,807.00 Line 36: Line 34 minus line 35 (cannot be negative) = ^ Line 37: Rate 13.3% Line 38: Multiply line 36 by 13.3% = ^ Line 39: 6,444.00 Line 40: Add lines 38 and 39. Newfoundland and Labrador tax on taxable income = ^ Go to Step 3. Step 3 - Newfoundland and Labrador tax Line 41: Enter your Newfoundland and Labrador tax on taxable income from line 40. ^ Line 42 and line 6151: Enter your Newfoundland and Labrador tax on split income from Form T1206. ^ Line 43: Add lines 41 and 42. = ^ Line 44: Enter your Newfoundland and Labrador non-refundable tax credits from line 32. ^ NL dividend tax credit: Line 45 and line 6152: Credit calculated for line 6152 on the Provincial Worksheet ^ NL overseas employment tax credit: Line 46 and line 6153: Amount from line 426 of your federal Schedule 1 ^ Multiplied by 51.3% = ^ NL minimum tax carryover: Line 47 and line 6154: Amount from line 427 of your federal Schedule 1 ^ Multiplied by 51.3% = ^ Line 48: Add lines 44 to 47. = ^ Line 49: Line 43 minus line 48 (if negative, enter "0") = ^ NL additional tax for minimum tax purposes: Line 50: Amount from line 117 of Form T691 ^ Multiplied by 51.3% = ^ Line 51: Add lines 49 and 50. = ^ Line 52: Enter the provincial foreign tax credit from Form T2036. ^ Line 53: Line 51 minus line 52 (if negative, enter "0") = ^ Political contribution tax credit Line 54 and line 6175: Newfoundland and Labrador political contributions made in 2011 ^ Line 55: Credit calculated for line 55 on the Provincial Worksheet (maximum $500) ^ Line 56: Line 53 minus line 55 (if negative, enter "0") = ^ Labour-sponsored venture capital tax credit Line 57 and line 6176: Enter the credit amount from Certificate(s) NL LSVC-1. ^ Line 58: Line 56 minus line 57 (if negative, enter "0") = ^ Direct equity tax credit Line 59: Enter the credit amount from Form T1272. ^ Line 60: Line 58 minus line 59 (if negative, enter "0") = ^ NL resort property investment tax credit Line 61: Enter the credit amount from Form T1297. ^ Line 62: Line 60 minus line 61 (if negative, enter "0") = ^ Continue on the next page. 5001-C (Page 3 of 3) Step 3 - Newfoundland and Labrador tax (continued) Newfoundland and Labrador low-income tax reduction If you had a spouse or common-law partner on December 31, 2011, you have to agree on who will claim this tax reduction. Only one of you can claim it for your family. However, any unused amount can be claimed by the other person. Line 63: Enter the amount from line 62 on the previous page. ^ Line 64 and line 6186: Unused low-income tax reduction from your spouse or common-law partner, if applicable ^ Line 65: Line 63 minus line 64 (if negative, enter "0") = ^ (If you claimed an amount on line 64, enter "0" on line 82.) Adjusted family income for the calculation of the Newfoundland and Labrador low-income tax reduction Column 1 - You Line 66: Enter the net income amount from line 236 of the return. ^ Line 67: Total of the Universal Child Care Benefit (UCCB) repayment (line 213 of the return) and the registered disability savings plan (RDSP) income repayment (included on line 232) ^ Line 68: Add lines 66 and 67. = ^ Line 69: Total of the UCCB income (line 117 of the return) and the RDSP income (line 125 of the return) ^ Line 70: Line 68 minus line 69 (if negative, enter "0") = ^ Column 2 - Your spouse or common-law partner Line 66: Enter the net income amount from line 236 of the return. ^ Line 67: Total of the Universal Child Care Benefit (UCCB) repayment (line 213 of the return) and the registered disability savings plan (RDSP) income repayment (included on line 232) ^ Line 68: Add lines 66 and 67. = ^ Line 69: Total of the UCCB income (line 117 of the return) and the RDSP income (line 125 of the return) ^ Line 70: Line 68 minus line 69 (if negative, enter "0") = ^ Line 71: Add the amounts on line 70 in column 1 and column 2, if applicable. Enter the result on line 77 below. Adjusted family income ^ Line 72: Enter the amount from line 65 above. ^ Line 73 and line 6187: Basic reduction claim $572 ^ Line 74 and line 6188: Reduction for your spouse or common-law partner claim $288 ^ Line 75 and line 6189: Reduction for an eligible dependant claimed on line 5816 claim $288 ^ Line 76: Add lines 73, 74, and 75. (maximum $860) = ^ Adjusted family income Line 77: Enter the amount from line 71 above. ^ Line 78: If you claimed an amount on lines 74 or 75, enter $27,348; otherwise, enter $16,343. ^ Line 79: Line 77 minus line 78 (if negative, enter "0") = ^ Line 80: Applicable rate 16% Line 81: Multiply line 79 by line 80. = ^ Line 82: Line 76 minus line 81 (if negative, enter "0") Newfoundland and Labrador low-income tax reduction = ^ Line 83: Line 72 minus line 82 (if negative, enter "0") Enter the result on line 428 of your return. Newfoundland and Labrador tax = ^ Unused low-income tax reduction that can be claimed by your spouse or common- law partner Line 84: Amount from line 82 ^ Line 85: Amount from line 63 ^ Line 86: Line 84 minus line 85 (if negative, enter "0") Unused amount = ^ Privacy Act, Personal Information Bank number CRA PPU 005