| Provincial Worksheet (continued) | |||||||||||||||||||
| Line 6152 | – Newfoundland and Labrador dividend tax credit | ||||||||||||||||||
| Calculate the amount to enter on line 6152 of Form NL428 by completing one of the following two 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 | x | 5.4% | = | ||||||||||||||||
| Enter this amount on line 6152 of Form NL428. | |||||||||||||||||||
| • | If you entered amounts on lines 180 and 120 of your return, complete the following: | ||||||||||||||||||
| Line 120 of your return | 1 | ||||||||||||||||||
| Line 180 of your return | – | 2 | x | 3.5% | = | 3 | |||||||||||||
| Line 1 minus line 2 | = | 4 | x | 5.4% | = | + | 5 | ||||||||||||
| Add lines 3 and 5. | = | 6 | |||||||||||||||||
| Enter this amount on line 6152 of Form NL428. | |||||||||||||||||||
| Line 54 | – Newfoundland and Labrador political contribution tax credit | ||||||||||||||||||
| If your total political contributions (line 53 of Form NL428) were more than $1,150, enter $500 on line 54 of Form NL428. | |||||||||||||||||||
| Otherwise, complete the appropriate column | Line 53 is more | ||||||||||||||||||
| depending on the amount on line 53. | Line 53 is | than $100 but | Line 53 is | ||||||||||||||||
| $100 or less | not more than $550 | more than $550 | |||||||||||||||||
| Enter your total contributions. | 1 | ||||||||||||||||||
| – | – | – | 2 | ||||||||||||||||
| Line 1 minus line 2 (cannot be negative) | = | = | = | 3 | |||||||||||||||
| x 75% | x 50% | x 33.33% | 4 | ||||||||||||||||
| Multiply line 3 by line 4. | = | = | = | 5 | |||||||||||||||
| + | + | + | 6 | ||||||||||||||||
| Add lines 5 and 6. | = | = | = | 7 | |||||||||||||||
| Enter this amount on line 54 of Form NL428. | |||||||||||||||||||
| 5001-D | |||||||||||||||||||