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Canadian Income Tax and Benefit Return 2005






Federal Tax Schedule 1


Complete this schedule to claim your federal non-refundable tax credits and to calculate your net federal tax. You must attach a copy of this schedule to your return.
Enter your taxable income from line 260 of your return 1
Use the amount on line 1 to determine which ONE of the following columns you have to complete.
More than $35,595 More than $71,190
but not more than but not more than More than
If the amount on line 1 is $35,595 or less $71,190 $115,739 $115,739
Enter the amount from line 1 above 2 2 2 2
Base amount 3 - 3 - 3 - 3
Line 2 minus line 3 (this amount cannot be negative) = 4 = 4 = 4 = 4
Rate in % x 5 x 5 x 5 x 5
Multiply the amount on line 4 by the rate on line 5 = 6 = 6 = 6 = 6
Tax on base amount 7 + 7 + 7 + 7
Add lines 6 and 7 = 8 = 8 = 8 = 8

Federal non-refundable tax credits

(Read the guide for details about these credits.)
Basic personal amount claim $8,648 300
Age amount (if you were born in 1940 or earlier) (maximum $3,979) +301
Spouse or a common-law partner amount:
- Base amount: $8,079.0
- Minus: his or her net income (from page 1 of your return) -
- Result: (if negative, enter "0") = (maximum $7,344) >> +303
Amount for an eligible dependant (attach Schedule 5) (maximum $7,344) +305
Amount for infirm dependants age 18 or older (attach Schedule 5) +306
CPP or QPP contributions:
- through employment from box 16 and box 17 on all T4 slips (maximum $1,861.20) +308
- on self-employment and other earnings (attach Schedule 8) +310
Employment Insurance premiums from box 18 on all T4 slips (maximum $760.50) +312
Adoption expenses +313
Pension income amount (maximum $1,000) +314
Caregiver amount (attach Schedule 5) +315
Disability amount +316
Disability amount transferred from a dependant +318
Interest paid on your student loans +319
Tuition and education amounts (attach Schedule 11) +323
Tuition and education amounts transferred from a child +324
Amounts transferred from your spouse or common-law partner (attach Schedule 2) +326
Medical expenses for self, spouse or common-law partner, and your dependant children born in 1988 or later (see the guide) 330
Minus $1,844 or 3% of line 236, whichever is less -
Subtotal (if negative, enter "0") = (A)
Allowable amount of medical expenses for other dependants (see the calculation of line 331 in the guide and attach Schedule 5) +331 (B)
Add lines (A) and (B) = >> +332
Add lines 300 to 326 and 332. =335
Multiply the amount on line 335 by 15% == 338
Donations and gifts (attach Schedule 9) +349
Total federal nonrefundable tax credits: Add lines 338 and 349 =350

Net federal tax

Enter the amount from line 8 on the other side 9
Federal tax on split income (from line 4 of Form T1205) +424 10
Add lines 9 and 10 = >> 11
Enter the amount from line 350 on the other side 350
Federal dividend tax credit (13.3333% of the amount on line 120 of your return) +425
Overseas employment tax credit (attach Form T626) +426
Minimum tax carry-over (attach Form T691) +427
Add lines 350, 425, 426, and 427 = >> - 12
Basic federal tax: Line 11 minus line 12 (if negative, enter "0") =429 13
Federal foreign tax credit:
Where you only have foreign non-business income, calculate your federal foreign tax credit below. Otherwise, use Form T2209, Federal Foreign Tax Credits, if you have foreign business income. Enter on this line the amount you calculated. - 14
Federal tax: Line 13 minus line 14 (if negative, enter "0") =406 15
Total federal political contributions (attach receipts) 409
- Federal political contribution tax credit (see the guide) 410
Investment tax credit (attach Form T2038(IND)) 412
Labour-sponsored funds tax credit Net cost 413 Allowable credit +414
Add lines 410, 412, and 114 =416 >>- 16
Line 15 minus line 16 (if negative, enter "0") (if you have an amount on line 424 above, see Form T1206) =417 17
Additional tax on RESP accumulated income payments (attach Form T1172) +418 18
Net federal tax: Add lines 17 and 18. Enter this amount on line 420 of your return. =420 19

Federal foreign tax credit: (see lines 431 and 433 in the guide)

Make a separate calculation for each foreign country. Enter on line 14 above the result from line (i) or (ii), whichever is less.
Non-business income tax paid to a foreign country 431 (i)
Net foreign non-business income * 433 / Net income ** X Basic federal tax *** == (ii)
Non-business income tax paid to a foreign country 431 (i)
Net foreign non-business income * 433 / Net income ** X Basic federal tax *** == (ii)
Non-business income tax paid to a foreign country 431 (i)
Net foreign non-business income * 433 / Net income ** X Basic federal tax *** == (ii)
Non-business income tax paid to a foreign country 431 (i)
Net foreign non-business income * 433 / Net income ** X Basic federal tax *** == (ii)
* Reduce the amount by any income from that foreign country for which you claimed a capital gains deduction and by any income from that country that was, under a tax treaty, either exempt from tax in that country or deductible as exempt income in Canada (included on line 256). Also reduce this amount by the lesser of lines E and F on Form T626.
** Line 236 plus the amount on line 3 of Form T1206, minus the total of the amount on lines 244, 248, 249, 250, 253, 254, and minus any amount included on line 256 for foreign income deductible as exempt income under a tax treaty, income deductible as net employment income from a prescribed international organization, or non-taxable tuition assistance from box 21 of the T4E slip. If the result is less than the amount on line 433, enter your Basic federal tax *** on line (ii).
*** Line 429 plus the amount on lines 425 and 426, and minus any refundable Quebec abatement (line 440) and any federal refundable First Nations abatement (line 441 on the return for residents of Yukon).

T1 General
Federal Amounts Transferred Schedule 2
Capital Gains Schedule 3
Investment Income Schedule 4
Details of Dependant Schedule 5
RRSP Unused Contributions Schedule 7
CPP Contributions on Self-Employment Schedule 8
Donations and Gifts Schedule 9
Federal Tuition and Education Amounts Schedule 11
Ontario Tax ON428
Ontario Credits ON479
Provincial Tuition and Education Amounts ON(S11)

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