Nova Scotia Tax

Form NS428

2023

Protected B when completed

For more information about this form, go to canada.ca/ns-tax-info.

Part A – Nova Scotia tax on taxable income

Enter your taxable income from line 26000 of your return.

Use the amount from line 1 to complete the appropriate column below.

Line 1 is more than

Line 1 is

$29,590 but not

$59,180 but not

$93,000 but not

Line 1 is more

$29,590 or less

more than $59,180

more than $93,000

more than $150,000

than $150,000

Amount from line 1

Line 2 minus line 3

–

(cannot be negative)

Line 4 multiplied by the

x 8.79%

x 14.95%

x 16.67%

x 17.5%

x 21%

percentage from line 5

Line 6 plus line 7

Nova Scotia tax

on taxable income

Enter the amount from line 8 on line 49 and continue at line 9.

Part B – Nova Scotia non-refundable tax credits

Internal use

56020

Basic personal amount (use Worksheet NS428)

(maximum $11,481)

58040

Age amount (if you were born in 1958 or earlier)(use Worksheet NS428)

(maximum $5,606)

58080

Spouse or common-law partner amount (use Worksheet NS428)

(maximum $11,481)

58120

Amount for an eligible dependant (use Worksheet NS428)

(maximum $11,481)

58160

Amount for infirm dependants age 18 or older (use Worksheet NS428)

58200

Amount for young children

(complete the chart on the last page of this form)

Number of months

58229

x $100 =

58230

Add lines 9 to 14.

►

CPP or QPP contributions:

Amount from line 30800 of your return

58240

•16

Amount from line 31000 of your return

58280

•17

Employment insurance premiums:

Amount from line 31200 of your return

58300

•18

Amount from line 31217 of your return

58305

•19

Add lines 16 to 19.

►

Line 15 plus line 20

Pension income amount

(maximum $1,173)

58360

Caregiver amount (use Worksheet NS428)

58400

Add lines 21 to 23.

Disability amount for self

(claim $7,341, or if you were under 18 years of age, use Worksheet NS428)

58440

Disability amount transferred from a dependant (use Worksheet NS428)

58480

Add lines 24 to 26.

5003-C E(23)

(Ce formulaire est disponible en français.)

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Protected B when completed

Part B – Nova Scotia non-refundable tax credits (continued)

Amount from line 27 of the previous page

Interest paid on your student loans (amount from line 31900 of your return)

58520

Your tuition and education amounts (attach Schedule NS(S11))

58560

Tuition and education amounts transferred from a child or grandchild

58600

Amounts transferred from your spouse or common-law partner (attach Schedule NS(S2))

58640

Add lines 28 to 32.

Medical expenses:

Amount from line 33099 of your return

58689

Amount from line 23600 of your return

Applicable rate

x 3%

Line 35 multiplied by the percentage from line 36

Enter whichever is less: $1,637 or the amount on line 37.

–

Line 34 minus line 38 (if negative, enter "0")

Allowable amount of medical expenses for other dependants

(use Worksheet NS428)

58729

Line 39 plus line 40

58769

►

Line 33 plus line 41

58800

Nova Scotia non-refundable tax credit rate

x 8.79%

Line 42 multiplied by the percentage from line 43

58840

Donations and gifts:

Amount from line 13 of your federal

Schedule 9

x 8.79% =

Amount from line 14 of your federal

Schedule 9

x 21% =

Line 45 plus line 46

58969

►

Line 44 plus line 47

Enter this amount on line 52.

Nova Scotia non-refundable tax credits

61500

Part C – Nova Scotia tax

Nova Scotia tax on taxable income from line 8

Nova Scotia tax on split income (complete Form T1206)

61510

•50

Line 49 plus line 50

Nova Scotia non-refundable tax credits from line 48

Nova Scotia dividend tax credit (use Worksheet NS428)

61520

•53

Nova Scotia minimum tax carryover:

Amount from line 40427 of your return

x 57.5% =

61540

•54

Add lines 52 to 54.

►

–

Line 51 minus line 55 (if negative, enter "0")

Nova Scotia additional tax for minimum tax purposes:

Amount from line 118 of Form T691

x 57.5% =

Line 56 plus line 57

Provincial foreign tax credit (complete Form T2036)

–

Line 58 minus line 59 (if negative, enter "0")

5003-C E (23)

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Protected B when completed

Part C – Nova Scotia tax (continued)

Nova Scotia low-income tax reduction

If you had a spouse or common-law partner on December 31, 2023, you and your spouse or common-law partner need to
decide who will claim the tax reduction for your family.

Adjusted family income calculation for

Column 1

Column 2

the Nova Scotia low-income tax reduction

You

Your spouse or

common-law partner

Net income from line 23600 of the return

Total of the universal child care benefit (UCCB) repayment
(line 21300 of the return) and the registered disability savings plan (RDSP)

income repayment (included on line 23200 of the return)

Line 61 plus line 62

Total of the UCCB income (line 11700 of the return) and the RDSP

income (line 12500 of the return)

–

Line 63 minus line 64 (if negative, enter "0")

Add the amounts from line 65 of columns 1 and 2.

Enter this amount on line 74.

Adjusted family income

Amount from line 60 of the previous page

Basic reduction

Claim $300

61950

Reduction for spouse or common-law partner

Claim $300

61970

Reduction for an eligible dependant claimed on line 58160

Claim $300

61990

Add lines 68 to 70.

(maximum $600)

Reduction for dependent children born in 2005 or later:

Number of dependent children

(do not include a child claimed on line 70)

60999

x $165

Line 71 plus line 72

Adjusted family income:

Amount from line 66 above

Base amount

–

Line 74 minus line 75 (if negative, enter "0")

Applicable rate

x 5%

Line 76 multiplied by the percentage from line 77

►

–

Line 73 minus line 78

(if negative, enter "0")

Nova Scotia low-income tax reduction

►

–

Line 67 minus line 79 (if negative enter "0")

Nova Scotia political contribution tax credit:

Total political contributions made in 2023

62100

x 75% =

(max. $750)

–

Line 80 minus line 81 (if negative, enter "0")

Food bank tax credit for farmers:

Enter the amount of qualifying donations that have also

been claimed as charitable donations.

62150

x 25% =

–

Line 82 minus line 83 (if negative, enter "0")

5003-C E (23)

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Quick edit form(mobile version)

Protected B when completed

Part C – Nova Scotia tax (continued)

Amount from line 84 of the previous page

Labour-sponsored venture capital tax credit:

Cost of shares from Form NSLSV

x 20% =

(max. $2,000)

62180

–

•86

Line 85 minus line 86 (if negative, enter "0")

Equity tax credit (complete Form T1285)

–

Line 87 minus line 88 (if negative, enter "0")

Innovation equity tax credit (complete Form T225)

–

Line 89 minus line 90 (if negative, enter "0")

Venture capital tax credit (complete Form T224)

–

Line 91 minus line 92 (if negative, enter "0")

Age tax credit

(if you were born in 1958 or earlier and your taxable income is less than $24,000)

Claim $1,000

–

Line 93 minus line 94 (if negative, enter "0")

Enter this amount on line 42800 of your return.

Nova Scotia tax

Details of amount for young children (If you need more space, attach a separate piece of paper.)

Child's name

Relationship to you

Date of birth

Number of

(Year

Month

Day)

eligible months

Total number of eligible months for all children

Enter the total number of months on line 58229 of page 1.

See the privacy notice on your return.

5003-C E (23)

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