Deduction for CPP or QPP enhanced contributions on employment income22215• Net income23600 Taxable income This is yourtaxable income.26000 Federal tax Part A – Federal non-refundable tax credits Total federal non-refundable tax credits35000 Part C – Net federal tax Federal tax40600...
apply to a previous year cannot be more than the total of your federal tax for that year. You have to deduct any amount of the refundable ITC designated as a carryback when you calculate your ITC refund and the balance to carry forward to tax years that follow. ...
If minimum tax applies, enter the positive or negative result from line 43 on line 22 of Schedule 12. Step 5 – Summary of tax and credits (see lines 44 to 73 in the guide) Tax: ▲ Total federal tax payable (see line 44 in the guide) 81 •44 ▲ Provincial or territorial tax ...
The credit youapply to a previous year cannot be more than the total of your federal tax for that year. You have to deduct any amount of the refundable ITC designated as a carryback when you calculate your ITC refund and thebalance to carry forward to tax years that follow. To request ...
Total apprenticeship job creation tax credit(Total of amounts in column 3plusapplicable amount from box 40** of your T3 slip). . . .67180x 0.10 =D Total current-year non-refundable tax credits(add amounts B, C, and D) Enter amount E at amount 3 in Part D . . . . . . . . ...