| Quick edit form(mobile version) | |||||||||||||||||||
| 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. |
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| Adjusted family income calculation for | Column 1 |
Column 2 |
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| the Nova Scotia low-income tax reduction | You | Your spouse or | |||||||||||||||||
| common-law partner | |||||||||||||||||||
| Net income from line 23600 of the return | 61 | ||||||||||||||||||
| Total of the universal child care benefit (UCCB) repayment (line 21300 of the return) and the registered disability savings plan (RDSP) |
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| income repayment (included on line 23200 of the return) | + | + | 62 | ||||||||||||||||
| Line 61 plus line 62 | = | = | 63 | ||||||||||||||||
| Total of the UCCB income (line 11700 of the return) and the RDSP | |||||||||||||||||||
| income (line 12500 of the return) | – | – | 64 | ||||||||||||||||
| Line 63 minus line 64 (if negative, enter "0") | = | = | 65 | ||||||||||||||||
| Add the amounts from line 65 of columns 1 and 2. | |||||||||||||||||||
| Enter this amount on line 74. | Adjusted family income | 66 | |||||||||||||||||
| Amount from line 60 of the previous page | 67 | ||||||||||||||||||
| Basic reduction | Claim $300 | 61950 | 68 | ||||||||||||||||
| Reduction for spouse or common-law partner | Claim $300 | 61970 | + | 69 | |||||||||||||||
| Reduction for an eligible dependant claimed on line 58160 | Claim $300 | 61990 | + | 70 | |||||||||||||||
| Add lines 68 to 70. | (maximum $600) | = | 71 | ||||||||||||||||
| 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 | = | + | 72 | ||||||||||||||
| Line 71 plus line 72 | = | 73 | |||||||||||||||||
| Adjusted family income: | |||||||||||||||||||
| Amount from line 66 above | 74 | ||||||||||||||||||
| Base amount | – | 75 | |||||||||||||||||
| Line 74 minus line 75 (if negative, enter "0") | = | 76 | |||||||||||||||||
| Applicable rate | x 5% | 77 | |||||||||||||||||
| Line 76 multiplied by the percentage from line 77 | = | ► | – | 78 | |||||||||||||||
| Line 73 minus line 78 | |||||||||||||||||||
| (if negative, enter "0") | Nova Scotia low-income tax reduction | = | ► | – | 79 | ||||||||||||||
| Line 67 minus line 79 (if negative enter "0") | = | 80 | |||||||||||||||||
| Nova Scotia political contribution tax credit: | |||||||||||||||||||
| Total political contributions made in 2023 | 62100 | x 75% = | (max. $750) | – | 81 | ||||||||||||||
| Line 80 minus line 81 (if negative, enter "0") | = | 82 | |||||||||||||||||
| Food bank tax credit for farmers: | |||||||||||||||||||
| Enter the amount of qualifying donations that have also | |||||||||||||||||||
| been claimed as charitable donations. | 62150 | x 25% = | – | 83 | |||||||||||||||
| Line 82 minus line 83 (if negative, enter "0") | = | 84 | |||||||||||||||||
| 5003-C E (23) | Page 3 of 4 | ||||||||||||||||||