5011-C (Page 1 of 3) T1 General – 2011 YT428 Yukon Tax Complete this form, and attach a copy to your return. For more information, see the related line in the forms book. Step 1 - Yukon non-refundable tax credits Line 5611: For internal use only Line 1 and line 5804: Basic personal amount claim $10,527 ^ Line 2 and line 5808: Age amount (amount from line 301 of your federal Schedule 1) (maximum $6,537) ^ Line 3 and line 5812: Spouse or common-law partner amount (amount from line 303 of your federal Schedule 1) ^ Line 4 and 5816: Amount for an eligible dependant (amount from line 305 of your federal Schedule 1) ^ Amount for children born in 1994 or later Line 5 and line 5825: (amount from line 367 of your federal Schedule 1) ^ Amount for infirm dependants age 18 or older Line 6 and 5820: (amount from line 306 of your federal Schedule 1) ^ CPP or 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 5834: Canada employment amount (amount from line 363 of your federal Schedule 1) ^ Line 12 and line 5835: Public transit amount (amount from line 364 of your federal Schedule 1) ^ Line 13 and line 5838: Children's fitness amount (amount from line 365 of your federal Schedule 1) ^ Line 14 and line 5833: Adoption expenses (amount from line 313 of your federal Schedule 1) ^ Line 15 and line 5836: Pension income amount (amount from line 314 of your federal Schedule 1) ^ Line 16 and line 5840: Caregiver amount (amount from line 315 of your federal Schedule 1) ^ Line 17 and line 5844: Disability amount (for self) (amount from line 316 of your federal Schedule 1) ^ Disability amount transferred from a dependant Line 18 and line 5848: (amount from line 318 of your federal Schedule 1) ^ Line 19 and line 5852: Interest paid on your student loans (amount from line 319 of your federal Schedule 1) ^ Line 20 and line 5856: Your tuition, education, and textbook amounts [attach Schedule YT(S11)] ^ Line 21 and line 5860: Tuition, education, and textbook amounts transferred from a child ^ Line 22 and line 5864: Amounts transferred from your spouse or common-law partner [attach Schedule YT(S2)] ^ Medical expenses: Line 23 and line 5868: Amount from line 330 of your federal Schedule 1 ^ Line 24: Enter $2,052 or 3% of line 236 of your return, whichever is less. ^ Line 25: Line 23 minus line 24 (if negative, enter "0") = ^ Line 26 and line 5872: Allowable amount of medical expenses for other dependants from line 331 of your federal Schedule 1 ^ Line 27 and line 5876: Add lines 25 and 26. = ^ Line 28 and line 5880: Add lines 1 through 22 and line 27. = ^ Line 29: Yukon non-refundable tax credit rate multiple by 7.04% ^ Line 30 and line 5884: Multiply line 28 by line 29. ^ Donations and gifts: Line 31: Amount from line 345 of your federal Schedule 9 ^ multiplied by 7.04% = ^ Line 32: Amount from line 347 of your federal Schedule 9 multiplied by 12.76% = ^ Line 33 and line 5896: Add lines 31 and 32. ^ Line 34 and line 6150: Add lines 30 and 33. Yukon non-refundable tax credits = ^ Enter this amount on line 46. Go to Step 2 on the next page. 5011-C (Page 2 of 3) Step 2 - Yukon tax on taxable income Line 35: Enter your taxable income from line 260 of your return. ^ Complete the appropriate column depending on the amount on line 35. *** Transcriber's Note: Use column 1 if the amount on line 35 is $41,544 or less. Use column 2 if the amount on line 35 is more than $41,544, but not more than $83,088. Use column 3 if the amount on line 35 is more than $83,088, but not more than $128,800. Use column 4 if the amount on line 35 is more than $128,800. *** Column 1: Line 35 is $41,544 or less Line 36: Enter the amount from line 35 ^ Line 37: 0.00 Line 38: Line 36 minus line 37 (cannot be negative) = ^ Line 39: Rate 7.04% ^ Line 40: Multiply line 38 by line 39. = ^ Line 41: 0.00 Line 42: Add lines 40 and 41. Yukon tax on taxable income = ^ Go to Step 3. Column 2: Line 35 is more than $41,544 but not more than $83,088 Line 36: Enter the amount from line 35 ^ Line 37: 41,544.00 Line 38: Line 36 minus line 37 (cannot be negative) = ^ Line 39: Rate 9.68% Line 40: Multiply line 38 by line 39. = ^ Line 41: 2,925.00 Line 42: Add lines 40 and 41. Yukon tax on taxable income = ^ Go to Step 3. Column 3: Line 35 is more than $83,088 but not more than $128,800 Line 36: Enter the amount from line 35 ^ Line 37: 83,088.00 Line 38: Line 36 minus line 37 (cannot be negative) = ^ Line 39: Rate 11.44% Line 40: Multiply line 38 by line 39. = Line 41: 6,946.00 Line 42: Add lines 40 and 41. Yukon tax on taxable income = ^ Go to Step 3. Column 4: Line 35 is more than $128,800 Line 36: Enter the amount from line 35 ^ Line 37: 128,800.00 Line 38: Line 36 minus line 37 (cannot be negative) = ^ Line 39: Rate 12.76% Line 40: Multiply line 38 by line 39 = ^ Line 41: 12,176.00 Line 42: Add lines 40 and 41. Yukon tax on taxable income = ^ Go to Step 3. Step 3 - Yukon tax Line 43: Enter your Yukon tax on taxable income from line 42. ^ Line 44 and line 6151: Enter your Yukon tax on split income from Form T1206. ^ Line 45: Add lines 43 and 44. = ^ Line 46: Enter your Yukon non-refundable tax credits from line 34. ^ Yukon dividend tax credit: Line 47 and line 6152: Credit calculated for line 6152 on the Territorial Worksheet ^ Yukon overseas employment tax credit: Line 48 and line 6153: Amount from line 426 of your federal Schedule 1 ^ multiplied by 44% = ^ Yukon minimum tax carryover: Line 49 and line 6154: Amount from line 427 of your federal Schedule 1 ^ multiplied by 44% = ^ Line 50: Add lines 46 through 49. = ^ Line 51: Line 45 minus line 50 (if negative, enter "0") = ^ Yukon additional tax for minimum tax purposes: Line 52: Amount from line 117 of Form T691 ^ multiplied by 44% = ^ Line 53: Add lines 51 and 52. = ^ Yukon surtax: Line 54: Enter the amount from line 53. ^ Line 55: Base amount 6,000.00 Line 56: Line 54 minus line 55 (if negative, enter "0") = ^ Line 57: applicable rate 5% Line 58: Multiply line 56 by line 57. Yukon surtax = ^ Line 59: Add line 53 and line 58. Adjusted Yukon tax on income = ^ Line 60: Enter the territorial foreign tax credit from Form T2036. ^ Line 61: Line 59 minus line 60 = ^ Continue on the next page. 5011-C (Page 3 of 3) Step 3 - Yukon tax (continued) Line 62: Enter the amount from line 61 on the previous page. ^ Yukon low-income family tax credit Line 63: Net income from line 236 of your return ^ Universal Child Care Benefit repayment: Line 64: Enter the amount from line 213 of your return. ^ Line 65: Add lines 63 and 64. = ^ Universal Child Care Benefit income: Line 66: Enter the amount from line 117 of your return. ^ Line 67: Line 65 minus line 66 (if negative, enter "0") Adjusted net income = ^ If your adjusted net income (line 67) is less than $25,000, complete the following calculation. Otherwise, enter "0" on line 76. If you had a spouse or common-law partner on December 31, 2011, only the person with the higher net income can claim this credit. Line 68 and line 6384: Basic credit claim $300 ^ Line 69: Enter the amount from line 67. ^ Line 70: Base amount 15,000.00 Line 71: Line 69 minus line 70 (if negative, enter "0") = ^ Line 72: Applicable rate 3% ^ Line 73: Multiply line 71 by line 72. = ^ Line 74: Line 68 minus line 73 (if negative, enter "0") = ^ Line 75: Amount from line 62 ^ multiplied by 80% = ^ Line 76: Enter the amount from line 74 or line 75, whichever is less. Yukon low-income family tax credit ^ Line 77: Line 62 minus line 76 (if negative, enter "0") Yukon tax = ^ Enter the result on line 428 of your return. Privacy Act, Personal Information Bank number CRA PPU 005