5003-C (Page 1 of 3) T1 General - 2011 NS428 Nova Scotia 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 - Nova Scotia non-refundable tax credits Line 5602: For internal use only Line 1 and line 5804: Basic personal amount claim $8,481 ^ Line 2 and line 5808: Age amount (if born in 1946 or earlier) (use provincial worksheet) (maximum $4,141) ^ Spouse or common-law partner amount Base amount 7,921.00 Minus: his or her net income from page 1 of your return ^ Line 3: Result: (if negative, enter "0") = ^ Line 5812:(maximum $7,201) ^ Amount for an eligible dependant Base amount 7,921.00 Minus: his or her net income from line 236 of his or her return ^ Line 4: Result: (if negative, enter "0") = ^ Line 5816: (maximum $7,201) ^ Line 5 and line 5820: Amount for infirm dependants age 18 or older (use provincial worksheet) ^ Amount for young children Line 6 and line 5823: (Complete the chart on the last page) Line 6372: Number of months ^ Multiplied by $100 = ^ CPP and QPP contributions: Line 7 and line 5824: (amount from line 308 of your federal Schedule 1) ^ Line 8 and line 5828: (amount from line 310 of your federal Schedule 1) ^ Employment Insurance premiums: Line 9 and line 5832: (amount from line 312 of your federal Schedule 1) ^ Line 10 and line 5829: (amount from line 317 of your federal Schedule 1) ^ Line 11 and line 5836: Pension income amount (maximum $1,173) ^ Line 12 and line 5840: Caregiver amount (use provincial worksheet) ^ Line 13 and line 5844: Disability amount (for self) ^ Line 14 and line 5848: Disability amount transferred from a dependant (use provincial worksheet) ^ Line 15 and line 5849: Sport and recreational expenses for children ^ Line 16 and line 5852: Interest paid on your student loans (amount from line 319 of your federal Schedule 1) ^ Line 17 and line 5856: Your tuition and education amounts [attach Schedule NS(S11)] ^ Line 18 and line 5860: Tuition and education amounts transferred from a child ^ Line 19 and line 5864: Amounts transferred from your spouse or common-law partner [attach Schedule NS(S2)] ^ Medical expenses: Line 20 and line 5868: Amount from line 330 of your federal Schedule 1 ^ Line 21: Enter $1,637 or 3% of line 236 of your return, whichever is less. ^ Line 22: Line 20 minus line 21 (if negative, enter "0") = ^ Line 23 and line 5872: Allowable amount of medical expenses for other dependants (use provincial worksheet) ^ Line 24 and line 5876: Add lines 22 and 23. = ^ Line 25 and line 5880: Add lines 1 through 19, and line 24. = ^ Line 26: Nova Scotia non-refundable tax credit rate 8.79% Line 27 and line 5884: Multiply line 25 by line 26. ^ Donations and gifts: Line 28: Amount from line 345 of your federal Schedule 9 ^ Multiplied by 8.79% = ^ Line 29: Amount from line 347 of your federal Schedule 9 ^ Multiplied by 21% = ^ Line 30 and line 5896: Add lines 28 and 29. = ^ Line 31 and line 6150: Add lines 27 and 30. Nova Scotia non-refundable tax credits = ^ Enter this amount on line 43. Go to Step 2 on the next page. 5003-C (Page 2 of 3) Step 2 - Nova Scotia tax on taxable income Line 32: Enter your taxable income from line 260 of your return. ^ Complete the appropriate column depending on the amount on line 32. *** Transcriber's Note: Use column 1 if the amount on line 32 is $29,590 or less. Use column 2 if the amount on line 32 is more than $29,590, but not more than $59,180. Use column 3 if the amount on line 32 is more than $59,180 but not more than $93,000. Use column 4 if the amount on line 32 is more than $93,000 but not more than $150,000. Use column 5 if the amount on line 32 is more than $150,000 *** Column 1: Line 32 is $29,590 or less Line 33: Enter the amount from line 32 ^ Line 34: 0.00 Line 35: Line 33 minus line 34 (cannot be negative) = ^ Line 36: Rate 8.79% Line 37: Multiply line 35 by 8.79% = ^ Line 38: 0.00 Line 39: Add lines 37 and 38. = ^ Go to Step 3 Column 2: Line 32 is more than $29,590, but not more than $59,180 Line 33: Enter the amount from line 32 ^ Line 34: 29,590.00 Line 35: Line 33 minus line 34 (cannot be negative) = ^ Line 36: Rate 14.95% Line 37: Multiply line 35 by 14.95% = ^ Line 38: 2,601.00 Line 39: Add lines 37 and 38. = ^ Go to Step 3 Column 3: Line 32 is more than $59,180 but not more than $93,000 Line 33: Enter the amount from line 32 ^ Line 34: 59,180.00 Line 35: Line 33 minus line 34 (cannot be negative) = ^ Line 36: Rate 16.67% Line 37: Multiply line 35 by 16.67% = ^ Line 38: 7,025.00 Line 39: Add lines 37 and 38. = ^ Go to Step 3 Column 4: Line 32 is more than $93,000 but not more than $150,000 Line 33: Enter the amount from line 32 ^ Line 34: 93,000.00 Line 35: Line 33 minus line 34 (cannot be negative) = ^ Line 36: Rate 17.5% Line 37: Multiply line 35 by 17.5% = ^ Line 38: 12,662.00 Line 39: Add lines 37 and 38. = ^ Go to Step 3 Column 5: Line 32 is more than $150,000 Line 33: Enter the amount from line 32 ^ Line 34: 150,000.00 Line 35: Line 33 minus line 34 (cannot be negative) = ^ Line 36: Rate 21% Line 37: Multiply line 35 by 21% = ^ Line 38: 22,637.00 Line 39: Add lines 37 and 38. = ^ Go to Step 3 Step 3 - Nova Scotia tax Line 40: Enter your Nova Scotia tax on taxable income from line 39. ^ Line 41 and line 6151: Enter your Nova Scotia tax on split income from Form T1206. ^ Line 42: Add lines 40 and 41. = ^ Line 43: Enter your Nova Scotia non-refundable tax credits from line 31. ^ Nova Scotia dividend tax credit: Line 44 and line 6152: Credit calculated for line 6152 on the Provincial Worksheet ^ Nova Scotia overseas employment tax credit: Line 45 and line 6153: Amount from line 426 of your federal Schedule 1 ^ Multiplied by 57.5% = ^ Nova Scotia minimum tax carryover: Line 46 and line 6154: Amount from line 427 of your federal Schedule 1 ^ Multiplied by 57.5% = ^ Line 47: Add lines 43 through 46. = ^ Line 48: Line 42 minus line 47 (if negative, enter "0") = ^ Nova Scotia additional tax for minimum tax purposes: Line 49: Amount from line 117 of Form T691 ^ Multiplied by 57.5% = ^ Line 50: Add lines 48 and 49. = ^ Line 51: Enter the provincial foreign tax credit from Form T2036. ^ Line 52 Line 50 minus line 51 = ^ Nova Scotia 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 the tax reduction as only one of you can make this claim for your family. Adjusted family income for the calculation of the Nova Scotia low-income tax reduction Column 1 - You Line 53: Enter the net income amount from line 236 of the return. ^ Line 54: 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 55: Add lines 53 and 54. = ^ Line 56: Total of the UCCB income (line 117 of the return) and the RDSP income (line 125 of the return) ^ Line 57: Line 55 minus line 56 (if negative, enter "0") = ^ Column 2 - Your spouse or common-law partner Line 53: Enter the net income amount from line 236 of the return. ^ Line 54: 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 55: Add lines 53 and 54. = ^ Line 56: Total of the UCCB income (line 117 of the return) and the RDSP income (line 125 of the return) ^ Line 57: Line 55 minus line 56 (if negative, enter "0") = ^ Line 58: Add the amounts from line 57 in column 1 and column 2, if applicable. Enter the result on line 65 on the next page. Adjusted family income ^ Continue on the next page. 5003-C (Page 3 of 3) Step 3 - Nova Scotia tax (continued) Line 59: Enter the amount from line 52 on the previous page. ^ Line 60 and line 6195: Basic reduction claim $300 ^ Line 61 and line 6197: Reduction for your spouse or common-law partner claim $300 ^ Line 62 and line 6199: Reduction for an eligible dependant claimed on line 5816 claim $300 ^ Line 63 and line 6099: Reduction for dependent children born in 1993 or later: Number of dependent children multiple by $165 = ^ Line 64: Add lines 60 through 63. = ^ Adjusted family income Line 65: Enter the amount from line 58 on the previous page. ^ Line 66: Base amount 15,000.00 Line 67: Line 65 minus line 66 (if negative, enter "0") = ^ Line 68: Applicable rate 5% Line 69: Multiply line 67 by line 68. = ^ Line 70: Line 64 minus line 69 (if negative, enter "0") Nova Scotia low- income tax reduction = ^ Line 71: Line 59 minus line 70 (if negative enter "0") = ^ Political contribution tax credit Line 72 and line 6210: Nova Scotia political contributions made in 2011 ^ multiplied by 75% = (maximum $750) ^ Line 73: Line 71 minus line 72 (if negative, enter "0") = ^ Labour-sponsored venture capital tax credit Line 74 and line 6238: Cost of shares from Form NSLSV ^ multiplied by 20% = (maximum $2,000) ^ Line 75: Line 73 minus line 74 (if negative, enter "0") = ^ Graduate retention rebate Box 6378: If you graduated from an institution outside Nova Scotia, check this box (enter yes). ^ If you graduated in 2011 Line 76 and line 6379: Enter $2,500 for a degree program or enter $1,250 for a diploma or certificate program. ^ Line 77: Line 75 minus line 76 (if negative, enter "0") = ^ If you graduated in a previous year Line 78: Enter the rebate amount as shown on your 2010 notice of assessment or notice of reassessment ^ Line 79: Line 77 minus line 78 (if negative, enter "0") = ^ Equity tax credit Line 80: Enter the equity tax credit calculated on Form T1285. ^ Line 81: Line 79 minus line 80 (if negative, enter "0") Nova Scotia tax = ^ Enter the result on line 428 of your return. Nova Scotia volunteer firefighters and ground search and rescue tax credit Line 82 and line 6228: Volunteer firefighters and ground search and rescue tax credit claim $500 ^ Enter the amount on line 479 of your return. Details of amount for young children (If you need more space, attach a separate piece of paper.) Child's name ^ Relationship to you ^ Child's date of birth (Year/Month/Day) ^ Number of eligible months ^ Total number of eligible months for all children = ^ Enter this amount beside box 6372 on the first page. Privacy Act, Personal Information Bank number CRA PPU.005