5006-C (Page 1 of 3) T1 General - 2011 ON428 Ontario Tax Complete this form, and attach a copy to your return. For more information, see the related lines in the forms book. Step 1 - Ontario non-refundable tax credits Line 5605: For internal use only Line 1 and line 5804: Basic personal amount claim $9,104 ^ Line 2 and line 5808: Age amount (if born in 1946 or earlier) (use provincial worksheet) (maximum $4,445) ^ Spouse or common-law partner amount Base amount 8,503.00 Minus: his or her net income from page 1 of your return ^ Line 3 and line 5812: Result: (if negative, enter "0") = ^ (maximum $7,730) ^ Amount for an eligible dependant Base amount 8,503.00 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 $7,730) ^ Line 5 and line 5820: Amount for infirm dependants age 18 or older (use provincial worksheet) ^ CPP and 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) ^ Line 10 and line 5833: Adoption expenses ^ Line 11 and line 5836: Pension income amount (maximum $1,259) ^ 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 5852: Interest paid on your student loans (amount from line 319 of your federal Schedule 1) ^ Line 16 and line 5856: Your tuition and education amounts [attach Schedule ON(S11)] ^ Line 17 and line 5860: Tuition and education amounts transferred from a child ^ Line 18 and line 5864: Amounts transferred from your spouse or common-law partner [attach Schedule ON(S2)] ^ Medical expenses: Line 19 and line 5868: (Read line 5868 in the forms book.) ^ Line 20: Enter $2,061 or 3% of line 236 of your return, whichever is less. ^ Line 21: Line 19 minus line 20 (if negative, enter "0") = ^ Line 22 and line 5872: Allowable amount of medical expenses for other dependants (use provincial worksheet) ^ Line 23 and line 5876: Add lines 21 and 22. = ^ Line 24 and line 5880: Add lines 1 through 18, and line 23. = ^ Line 25: Ontario non-refundable tax credit rate 5.05% Line 26 and line 5884: Multiply line 24 by line 25. = ^ Donations and gifts: Line 27: Amount from line 345 of your federal Schedule 9 ^ Multiplied by 5.05% = ^ Line 28: Amount from line 347 of your federal Schedule 9 ^ Multiplied by 11.16% = ^ Line 29 and line 5896: Add lines 27 and 28. = ^ Line 30 and line 6150: Add lines 26 and 29. Ontario non-refundable tax credits = ^ Enter this amount on line 42. Go to Step 2 on the next page. 5006-C (Page 2 of 3) Step 2 - Ontario tax on taxable income Line 31: Enter your taxable income from line 260 of your return. If this amount is more than $20,000, you must complete Step 7 - Ontario Health Premium. ^ Complete the appropriate column depending on the amount on line 31. *** Transcriber's Note: Use column 1 if the amount on line 31 is $37,774 or less. Use column 2 if the amount on line 31 is more than $37,774, but not more than $75,550. Use column 3 if the amount on line 31 is more than $75,550. *** Column 1: Line 31 is $37,774 or less Line 32: Enter the amount from line 31. ^ Line 33: 0.00 Line 34: Line 32 minus line 33 (cannot be negative) = ^ Line 35: Rate 5.05% Line 36: Multiply line 34 by 5.05% = ^ Line 37: 0 00 Line 38: Add lines 36 and 37. Ontario tax on taxable income = ^ Go to Step 3. Column 2: Line 31 is more than $37,774 but not more than $75,550 Line 32: Enter the amount from line 31. ^ Line 33: 37,774.00 Line 34: Line 32 minus line 33 (cannot be negative) = ^ Line 35: Rate 9.15% Line 36: Multiply line 34 by 9.15% = ^ Line 37: 1,908.00 Line 38: Add lines 36 and 37. Ontario tax on taxable income = ^ Go to Step 3. Column 3: Line 31 is more than $75,550 Line 32: Enter the amount from line 31. ^ Line 33: 75,550.00 Line 34: Line 32 minus line 33 (cannot be negative) = ^ Line 35: Rate 11.16% Line 36: Multiply line 34 by 11.16% = ^ Line 37: 5,364.00 Line 38: Add lines 36 and 37. Ontario tax on taxable income = ^ Go to Step 3. Step 3 - Ontario tax Line 39: Enter your Ontario tax on taxable income from line 38. ^ Line 40 and line 6151: Enter your Ontario tax on split income from Form T1206. ^ Line 41: Add lines 39 and 40. = ^ Line 42: Enter your Ontario non-refundable tax credits from line 30. ^ Ontario dividend tax credit: Line 43 and line 6152: Credit calculated for line 6152 on the Provincial Worksheet ^ Ontario overseas employment tax credit: Line 44 and line 6153: Amount from line 426 of your federal Schedule 1 ^ Multiplied by 38.5% = ^ Ontario minimum tax carryover: Line 45 and line 6154: Amount from line 427 of your federal Schedule 1 ^ Multiplied by 33.67% = ^ Line 46: Add lines 42 to 45. = ^ Line 47: Line 41 minus line 46 (if negative, enter "0") = ^ Ontario additional tax for minimum tax purposes: Line 48: Amount from line 95 of Form T691 ^ Multiplied by 33.67% = ^ Line 49: Add lines 47 and 48. = ^ Ontario surtax Line 50: (Line 49 ^ minus $4,078) multiplied by 20% (if negative, enter "0") = ^ Line 51: (Line 49 ^ minus $5,219) multiplied by 36% (if negative, enter "0") = ^ Line 52: Add lines 50 and 51. = ^ Line 53: Add lines 49 and 52. = ^ If you are not claiming an Ontario tax reduction and the credits in Steps 5 and 6, enter the amount from line 53 on line 68 on the next page, and complete Step 7. Otherwise, continue below. Step 4 - Ontario tax reduction Line 54: Basic reduction 210.00 If you had a spouse or common-law partner on December 31, 2011, only the individual with the higher net income can claim the amounts on lines 55 and 56. Line 55: Reduction for dependent children born in 1993 or later Line 6269: Number of dependent children ^ Multiplied by $389 = ^ Line 56: Reduction for dependants with a mental or physical infirmity Line 6097: Number of dependants ^ Multiplied by $389 = ^ Line 57: Add lines 54, 55, and 56. = ^ Line 58: Enter the amount from line 57. ^ Multiplied by 2 = ^ Line 59: Enter the amount from line 53. ^ Line 60: Line 58 minus line 59 (if negative, enter "0") Ontario tax reduction claimed = ^ Line 61: Line 53 minus line 60 (if negative, enter "0") = ^ Go to Step 5 on the next page. 5006-C (Page 3 of 3) Line 62: Enter the amount from line 61 on the previous page. ^ Step 5 - Ontario foreign tax credit Line 63: Enter the Ontario foreign tax credit from Form T2036. ^ Line 64: Line 62 minus line 63 = ^ Go to Step 6. Step 6 - Labour sponsored investment fund (LSIF) tax credit Line 65 and line 6275: Total cost of shares from boxes 02 and 04 of LSIF tax credit certificate(s) ^ Line A: ^ Multiplied by 5% = (maximum $375) = ^ Line 66 and line 6276: Total cost of ROIF eligible shares from boxes 03 and 05 of LSIF tax credit certificate(s) ^ Line B: ^ Multiplied by 5% = (maximum $375) = ^ Line 67: Add lines 65 and 66. LSIF tax credit = ^ Line 68: Line 64 minus line 67 (if negative, enter "0") = ^ Go to Step 7. Step 7 - Ontario Health Premium Line 69: If your taxable income (from line 31) is not more than $20,000, enter "0". Otherwise, enter the amount calculated in the chart below. Ontario Health Premium ^ Line 70: Add lines 68 and 69. Ontario tax = ^ Enter the result on line 428 of your return. Ontario Health Premium Line 1: Enter your taxable income from line 31. ^ Go to the line that corresponds to your taxable income. - If there is an Ontario Health Premium amount on that line, enter that amount on line 69 above. - Otherwise, enter your taxable income in the first box, complete the calculation, and enter the result on line 69 above. *** Transcriber's Note: To complete your calculation, use your taxable income of not more than $20,000 to more than $200,600, please refer to the 11 rows below to get your Ontario Health Premium and enter your result on line 69 above. *** Ontario Health Premium: Row 1: Taxable Income not more than $20,000 Enter $0 on line 69 above. Row 2: more than $20,000, but not more than $25,000 Taxable Income ^ minus $20,000 = ^ multiplied by 6% = $^ Enter the result on line 69 above. Row 3: Taxable Income more than $25,000, but not more than $36,000 Enter $300 on line 69 above. Row 4: more than $36,000, but not more than $38,500 Taxable Income ^ minus $36,000 = ^ multiplied by 6% = ^ plus $300 = $^ Enter the result on line 69 above. Row 5: Taxable Income more than $38,500, but not more than $48,000 Enter $450 on line 69 above. Row 6: more than $48,000, but not more than $48,600 Taxable Income ^ minus $48,000 = ^ multiplied by 25% = ^ plus $450 = $^ Enter the result on line 69 above. Row 7: Taxable Income more than $48,600, but not more than $72,000 Enter $600 on line 69 above. Row 8: more than $72,000, but not more than $72,600 Taxable Income ^ minus $72,000 = ^ multiplied by 25% = ^ plus $600 = $^ Enter the result on line 69 above. Row 9: Taxable Income more than $72,600, but not more than $200,000 Enter $750 on line 69 above. Row 10: more than $200,000, but not more than $200,600 Taxable Income ^ minus $200,000 = ^ multiplied by 25% = ^ plus $750 = $^ Enter the result on line 69 above. Row 11: Taxable Income more than $200,600 Enter $900 on line 69 above.