Schedule 1-A(Page 1) - fill out and auto calculate/complete form online

Protected B when completed

T1-2015

Family Tax Cut

Schedule 1-A

See line 423 in the guide to see if you are eligible for the family tax cut.

Complete this schedule to claim the family tax cut.

Attach a copy of this schedule to your return.

Make sure that you have completed the "Information about your spouse or common-law partner" section on page 1 of your return.
Also, to receive the maximum benefit of this credit, make sure you and your spouse or common-law partner claim all of the non-
refundable tax credits you may be entitled to when completing Schedule 1, Federal Tax, even if you do not need the amounts to
reduce your or your spouse's or common-law partner's tax.

Step 1 – Federal tax before income sharing

Column 2

Column 1

Eligible spouse or

You

common-law partner

Enter the tax on taxable income from line 46 of Schedule 1.

Enter the total non-refundable tax credits from line 38 of Schedule 1.

–

496

–

Line 1 minus line 2 (if negative, enter "0")

Combined tax before

Add the amounts from line 3 in columns 1 and 2.

income sharing

Step 2 – Adjusted federal tax after income sharing

Enter the taxable income from line 260 of the return.

497

Enter the difference between

the taxable income reported

at line 5 in column 1 and

column 2.

x 50% =

Enter the amount from line 6 or $50,000, whichever is less, in the column with

the higher income at line 5.

–

Line 5 minus line 7 (if negative, enter "0")

Enter the amount from line 6 or $50,000, whichever is less, in the column with

the lower income at line 5.

Add lines 8 and 9.

Adjusted taxable income

Tax on adjusted taxable income (use charts 1 and 2 on page 2)

Enter the amount from line 2.

–

Line 11 minus line 12 (if negative, show it in brackets)

Enter the spouse or common-law partner amount from line 303 of Schedule 1.

(Note: If the claim on line 303 includes the family caregiver amount, use chart 3

on page 2 to calculate the amount to enter on this line.)

498

Enter the amounts transferred from your spouse or common-law partner from
line 326 of Schedule 1. If this amount includes a transfer of tuition, education,
and textbook amounts on line 360 of Schedule 2, reduce the amount to be

claimed on this line by the amount from line 326 or line 360, whichever is less.

499

Add lines 14 and 15.

Federal non-refundable tax credit rate

x 15%

Multiply line 16 by line 17.

Adjustment to non-refundable tax credits

Enter the amount from line 13 (if negative, show it in brackets).

If the amount on line 19 is positive, add lines 18 and 19.

If the amount on line 19 is negative, subtract line 19

Adjusted tax after

from line 18 (if negative, enter "0").

income sharing

Combined adjusted tax

Add the amounts from line 20 in columns 1 and 2.

after income sharing

Step 3 – Family tax cut

Enter the amount from line 4.

Enter the amount from line 21.

–

Line 22 minus line 23 (if negative, enter "0")

(maximum $2,000)

Enter this amount on line 423 of Schedule 1.

Family tax cut

5005-S1A