5011-D 2011 T1 General Yukon Territorial Worksheet Use these charts to do some of the calculations you may need to complete Form YT428, Yukon Tax, and Form YT479, Yukon Credits. You can find more information about completing these charts in the forms book. Keep this worksheet for your records. Do not attach it to the return you send us. Line 6152 - Yukon dividend tax credit Calculate the amount to enter on line 6152 of Form YT428 by completing one of the two following calculations: – If you entered an amount on line 120 but no amount on line 180 of your return, complete the following: Line 120 of your return ^ multiplied by 15.08% = ^ Enter this amount on line 6152 of Form YT428. – If you entered amounts on lines 180 and 120 of your return, complete the following: Line 1: Line 120 of your return ^ Line 2: Line 180 of your return ^ Line 3: Line 1 minus line 2 = ^ Line 4: Line 2 multiplied by 4.51% = ^ Line 5: Line 3 multiplied by 15.08% = ^ Line 6: Add lines 4 and 5. = ^ Enter this amount on line 6152 of Form YT428. Line 2 - Yukon political contribution tax credit If your total political contributions (line 1 of Form YT479) were $1,150 or more, enter $500 on line 2 of Form YT479. Otherwise, complete the appropriate column depending on the amount on line 1 of Form YT479. *** Transcriber's Note: Use column 1 if your total contributions are $100 or less. Use column 2 if your total contributions are more than $100 but not more than $550. Use column 3 if your total contributions are more than $550. *** Column 1: Line 1 is $100 or less Line 1: Enter your total contributions. ^ Line 2: 0.00 Line 3: Line 1 minus line 2 (cannot be negative) = ^ Line 4: Rate 75% Line 5: Multiply line 3 by 75% = ^ Line 6: 0.00 ^ Line 7: Add lines 5 and 6. = ^ Enter this amount on line 2 of Form YT479. Column 2: Line 1 is more than $100 but not more than $550 Line 1: Enter your total contributions. ^ Line 2: 100.00 Line 3: Line 1 minus line 2 (cannot be negative) = ^ Line 4: Rate 50% Line 5: Multiply line 3 by 50% = ^ Line 6: 75.00 Line 7: Add lines 5 and 6. = ^ Enter this amount on line 2 of Form YT479. Column 3: Line 1 is more than $550 Line 1: Enter your total contributions. ^ Line 2: 550.00 Line 3: Line 1 minus line 2 (cannot be negative) = ^ Line 4: Rate 33.33% Line 5: Multiply line 3 by 33.33% = ^ Line 6: 300.00 Line 7: Add lines 5 and 6. = ^ Enter this amount on line 2 of Form YT479. Lines 12 to 14 - Unused small business investment tax credit Line 1: Amount from line 7 of Form YT479 ^ Line 2: Amount from line 11 of Form YT479 ^ Line 3: Line 1 minus line 2 = ^ Enter, on line 12 of Form YT479, any part of the amount from line 3 you want to carry back to 2010 to reduce your Yukon tax. Enter on line 13 any amount you want to carry back to 2009 and, on line 14, any amount you want to carry back to 2008. Lines 22 to 24 - Unused labour-sponsored venture capital corporation tax credit Line 1: Amount from line 17 of Form YT479 ^ Line 2: Amount from line 21 of Form YT479 ^ Line 3: Line 1 minus line 2 = ^ Enter, on line 22 of Form YT479, any part of the amount from line 3 you want to carry back to 2010 to reduce your Yukon tax. Enter on line 23 any amount you want to carry back to 2009 and, on line 24, any amount you want to carry back to 2008.