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Protected B when completed   
Part C – Prince Edward Island tax
 
Prince Edward Island tax on taxable income from line 8    55
Prince Edward Island tax on split income (complete Form T1206) 61510 + •56
Line 55 plus line 56   =  57
Prince Edward Island non-refundable tax credits from line 54    58
Line 57 minus line 58 (if negative, enter "0")   =  59
   
Prince Edward Island dividend tax credit (use Worksheet PE428) 61520 •60  
Prince Edward Island minimum tax carryover:  
Amount from line 40427 of your return x 57.5% = 61540 + •61  
Line 60 plus line 61   =  62
Line 59 minus line 62 (if negative, enter "0")   =  63
Prince Edward Island additional tax for minimum tax purposes:  
Amount from line 118 of Form T691     x 57.5% =   +  64
Line 63 plus line 64   = 65
Prince Edward Island surtax:  
(Amount from line 65     – $12,500)  x 10% = (if negative, enter "0")     + 66
Line 65 plus line 66   = 67
 
Prince Edward Island 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 this tax reduction for your family. Any unused
amount from line 103 can be claimed by the other spouse or common-law partner on line 68 of
their Form PE428.
 
Unused low-income tax reduction from your spouse or common-law partner:  
Amount from line 103 of your spouse's or common-law partner's Form PE428, if any 63360 •68
Line 67 minus line 68 (if negative, enter "0")  
Enter this amount on line 76.   = 69
If you are claiming an amount on line 68, enter "0" on line 89 and continue on line 90.
If not, continue on line 70.
 
 
  Adjusted family income calculation for the Column 1 Column 2  
  Prince Edward Island low-income tax reduction You Your spouse or  
  common-law partner
  Net income from line 23600 of the return     70
  Universal child care benefit (UCCB) repayment:      
  Amount from line 21300 of the return   +   + 71
  Line 70 plus line 71   =   = 72
  UCCB income      
  Amount from line 11700 of the return     73
  Line 72 minus line 73 (if negative, enter "0")   =   = 74
  Add the amounts from line 74 of columns 1 and 2.          
  Enter this amount on line 84 of the next page. Adjusted family income   75
         
   
   
   
   
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