FOR MORE OF THIS COURSE AND ANY OTHER COURSES, TEST BANKS, FINAL EXAMS, AND SOLUTION MANUALS
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Summary 2015 Tax Summary (Federal)
101 16,500
113
114
115
116
117
119
120
121
122
125
126
127
128
129
130
135
Workers' compensation and
social assistance 147
150 16,500
207
208
210
212
213
214
215
217
219
220
221
222
224
229
235
231
236 16,500
244
248
249
250
251
254
255
256
260 16,500
1,259 00
404 00
2,970 00
Buddy-Chapter 4 Problem
Total income
Employment *
Old Age Security
CPP/QPP benefits
Other pensions
Split-pension amount
Universal Child Care Benefit
Employment Insurance
Taxable dividends
Interest
Limited partnership
RDSP
Rental
Taxable capital gains
Support payments
RRSP
Other
Self-employment *
Total income
Net income
RPP
RRSP *
Split-Pension Deduction
Union and professional dues
UCCB repayment
Child care expenses
Disability supports deduction
Business investment loss
Moving expenses
Support payments
Carrying charges and interest
CPP/QPP/PIPP *
Exploration and development
Employment expenses
Social benefits repayment
Other deductions *
Net income
Taxable income
Canadian Forces personnel
Home relocation loan
Security options deductions
Other payments deduction
Losses of other years *
Capital gains deduction
Northern residents
Additional deductions
Taxable income
2016 Estimated Buddy-Chapter 4 Problem
GST/HST credit
Provincial tax credit
Child Tax Benefit
RRSP contribution limit
* More than one line is considered
300 11,327
301 7,033
303 3,647
367
306 11,309
308 310
362
363 1,146
364
370
369
313
314
316
318 7,899
319
323
332 3,430
335 46,101
338 6,915
349
350 6,915
404 2,475
350 6,915
423
425
426
429
405
406
410
414
417
415
418
420
421
430
422
428
435
437 500
440
448
452 858
453 1,947
454
457
459
476 4,000
479 150
482 7,455
(7,455)
(7,455)
Buddy-Chapter 4 Problem
Non-refundable tax credits
Basic personal amount
Age amount
Spouse / eligible dependant *
Family caregiver amount
Infirm/caregiver *
CPP/QPP/PPIP/EI *
Volunteer firefighters' amount*
Canada employment amount
Public transit passes amount
Children's arts amount
Home buyers’ amount *
Adoption expenses
Pension income amount
Disability amount
Transfers *
Interest on student loans
Tuition / education
Medical expenses
Subtotal
Credit at 15%
Donations and gifts
Non-refundable tax credits
Total payable
Federal tax
Non-refundable tax credits
Family tax cut
Dividend tax credit
Min. tax carry-over/other *
Basic federal tax
Non resident surtax
Foreign tax credits / other
Federal tax
Political/inv. tax credit/other *
Labour-sponsored tax credit
Alternative minimum tax
WITB Prepayment (RC210)
Special Taxes
Net federal tax
CPP contributions payable
EI self-employment
Social benefits repayment
Provincial/territorial tax
Total payable
Total credits
Income tax deducted *
QC or YT abatement *
CPP/EI overpayment *
Medical expense supplement
WITB (Schedule 6)
Other credits *
GST/HST rebate
Children's fitness amount
Instalments
Provincial tax credits
Total credits
Balance owing (refund)
Combined balance (refund)
Page 1 of 1
Canada Revenue Agence du revenu
Agency du Canada T1 GENERAL 2015
Income Tax and Benefit Return
Buddy-Chapter 4 Problem
Musician
111 WWW Street
Vancouver BC V4H 3W4
First name and initial
Last name
Care of
Mailing address: Apt No – Street No Street name
PO Box RR
City Prov./Terr. Postal Code
Email address
I understand that by providing an email address, I am registering for online
mail. I have read and I accept the terms and conditions on page 15 of
the guide.
Enter an email address:
Information about your residence
British Columbia
Enter your province or territory of
residence on December 31, 2015:
If your province or territory of residence changed
in 2015, enter the date of your move.
Is your home address the same as your
mailing address ? Yes No
Enter the province or territory where
you currently reside if it is not the
same as your mailing address above:
If you were self-employed in 2015,
enter the province or territory of
self-employment:
If you became or ceased to be a resident of Canada for income tax
purposes in 2015, enter the date of:
Month/Day Month/Day
entry or departure
Identification
BC 7
Information about you
527 000 061
1948-08-28
X
Enter your social insurance number (SIN)
Year/Month/Day
Enter your date of birth:
Your language of correspondence: English Français
Votre langue de correspondance :
Is this return for a deceased person?
If this return is for a deceased Year/Month/Day
person, enter the date of death:
Your marital status on December 31, 2015
X
(see the "Marital status" section in the guide for details)
1 Married 2 Living common-law 3 Widowed
4 Divorced 5 Separated 6 Single
Information about your spouse or
common-law partner (if you ticked box 1 or 2 above)
527 000 129
Natasha
7,680.00
7,680.00
Enter his or her SIN:
Enter his or her first name:
Enter his or her net income for 2015
to claim certain credits:
Enter the amount of UCCB included on line 117
of his or her return:
Enter the amount of UCCB repayment included
on line 213 of his or her return
Tick this box if he or she was self-employed in 2015: 1
Do not use this area
Do not
use this area 172 171
Protected B when completed
Complete all the sections that apply to you. For more information, see the guide.
X
Residency information for tax administration agreements
For more information, see Information Sheet T1-BC10(E), Residency information for tax administration agreements
included in this package.
Did you reside in the Nisga'a Lands on December 31, 2015? Yes 1 No 2
If yes, are you a citizen of the Nisga'a Nation?
Yes 1 No 2
X
X
Elections Canada (see the Elections Canada page in the tax guide for details or visit www.elections.ca)
A) Are you a Canadian citizen? Yes 1 No 2
Answer the following question only if you are a Canadian citizen.
B) As a Canadian citizen, do you authorize the Canada Revenue Agency to give your name, address, date of birth,
and citizenship to Elections Canada to update the National Register of Electors? Yes 1 No 2
Your authorization is valid until you file your next return. Your information will only be used for
purposes permitted under the Canada Elections Act, which include sharing the information with
provincial/territorial election agencies, members of Parliament, and registered political parties, as
well as candidates at election time.
X
Please answer the following question
Did you own or hold specified foreign property where the total cost amount of all such property,
at any time in 2015, was more than CAN$100,000?
See "Specified foreign property" in the guide for more information 266 Yes 1 No 2
If yes, complete and attach Form T1135 to your return.
If you had dealings with a non-resident trust or corporation in 2015, see the "Foreign income" section in the guide.
Protected B when completed 2
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
101 16,500 00
102
103
104
Old Age Security pension (box 18 on the T4A(OAS) slip) 113
CPP or QPP benefits (box 20 on the T4A(P) slip) 114
152
115
116
117
185
Employment Insurance and other benefits (box 14 on the T4E slip) 119
Taxable amount of dividends (eligible and other than eligible) from taxable Canadian
corporations (attach Schedule 4) 120
180
121
Net partnership income: limited or non-active partners only 122
125
Rental income 160 126
127
Support payments received 156 128
129
130
162 135
164 137
166 139
168 141
170 143
144
145
Net federal supplements (box 21 on the T4A(OAS) slip) 146
Add lines 144, 145, and 146
(see line 250 in the guide). 147
Add lines 101, 104 to 143, and 147 This is your total income. 150 16,500 00
Protected B when completed 3
The guide contains valuable information to help you complete your return.
When you come to a line on the return that applies to you, look up the line number in the guide for more information.
As a Canadian resident, you have to report your income from all sources both inside and outside Canada.
Total income
Employment income (box 14 on all T4 slips)
Commissions included on line 101 (box 42 on all T4 slips)
Wage loss replacement contributions
(see line 101 in the guide)
Other employment income
Disability benefits included on line 114
(box 16 on the T4A(P) slip)
Other pensions and superannuation
Elected split-pension amount (attach Form T1032)
Universal Child Care Benefit (UCCB)
UCCB amount designated to a dependant
Taxable amount of dividends other than eligible dividends,
included on line 120, from taxable Canadian corporations
Interest and other investment income (attach Schedule 4)
Registered disability savings plan income
Gross Net
Taxable capital gains (attach Schedule 3)
Total Taxable amount
RRSP income (from all T4RSP slips)
Other income Specify:
Self-employment income
Business income Gross Net
Professional income Gross Net
Commission income Gross Net
Farming income Gross Net
Fishing income Gross Net
Workers' compensation benefits (box 10 on the T5007 slip)
Social assistance payments
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
150 16,500 00
206
207
208
205
Deduction for elected split-pension amount (attach Form T1032) 210
Annual union, professional, or like dues (box 44 on all T4 slips, and receipts) 212
Universal Child Care Benefit repayment (box 12 on all RC62 slips) 213
214
215
Business investment loss Gross 228 Allowable deduction 217
219
Support payments made Total 230 Allowable deduction 220
221
Deduction for CPP or QPP contributions on self-employment and other earnings
(attach Schedule 8 or Form RC381, whichever applies) 222
224
229
231
232
233
234 16,500 00
Social benefits repayment (if you reported income on line 113, 119, or 146, see line 235 in the guide)
Use the federal worksheet to calculate your repayment. 235
Line 234 minus line 235 (if negative, enter "0").
If you have a spouse or common-law partner, see Line 236 in the guide. This is your net income. 236 16,500 00
244
248
249
Other payments deduction
(if you reported income on line 147, see line 250 in the guide) 250
251
252
253
254
255
256
257
Line 236 minus line 257 (if negative, enter "0") This is your taxable income. 260 16,500 00
Protected B when completed 4
Attach your Schedule 1 (federal tax) and Form 428 (provincial or
territorial tax) here. Attach only the other documents (schedules, information slips, forms, or
receipts) requested in the guide to support any claim or deduction. Keep all other supporting
documents.
Net income
Enter your total income from line 150
Pension adjustment
(box 52 on all T4 slips and box 034 on all T4A slips)
Registered pension plan deduction (box 20 on all T4 slips and box 032 on all T4A slips)
RRSP/pooled registered pension plan (PRPP) deduction
(see Schedule 7 and attach receipts)
PRPP employer contributions
(amount from your PRPP contribution receipts)
Child care expenses (attach Form T778)
Disability supports deduction
Moving expenses
Carrying charges and interest expenses (attach Schedule 4)
Exploration and development expenses (attach Form T1229)
Other employment expenses
Clergy residence deduction
Other deductions Specify:
Add lines 207, 208, 210 to 224, 229, 231, and 232.
Line 150 minus line 233 (if negative, enter "0"). This is your net income before adjustments.
Taxable income
Canadian Forces personnel and police deduction (box 43 on all T4 slips)
Employee home relocation loan deduction (box 37 on all T4 slips)
Security options deductions
Limited partnership losses of other years
Non-capital losses of other years
Net capital losses of other years
Capital gains deduction
Northern residents deductions (attach Form T2222)
Additional deductions Specify:
Add lines 244 to 256.
Use your taxable income to calculate your federal tax on Schedule 1 and your provincial or territorial tax on Form 428.
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
T1-2015 Federal Tax Schedule 1
300 11,327 00
Age amount (if you were born in 1950 or earlier) (use federal worksheet) (maximum $7,033) 301 7,033 00
303 3,647 00
305
352 2,093
Family caregiver amount for children under 18 years of age
Number of children born for whom you are claiming
the family caregiver amount x $ = 367
Amount for infirm dependants age 18 or older (attach Schedule 5) 306
CPP or QPP contributions:
through employment from box 16 and box 17 of all T4 slips
(attach Schedule 8 or Form RC381, whichever applies) 308
310
312 310 20
Employment Insurance premiums:
through employment from box 18 and box 55 of all T4 slips (maximum $930.60) 9
317
Volunteer firefighters' amount 362
Search and rescue volunteers' amount 395
Canada employment amount
(If you reported employment income on line 101 or line 104, see line 363 in the guide.) (maximum $1,146) 363 1,146 00
364
370
369
313
314
315 11,309 00
Disability amount (for self) (Claim $7,899, or if you were under age 18, use the federal worksheet) 316
318 7,899 00
319
323
324
326
330 2,800 00
495 00
2,305 00
Allowable amount of medical expenses for other dependants
(do the calculation at line 331 in the guide) 331 1,125 00
3,430 00 332 3,430 00
335 46,101 20
15
338 6,915 18
349
Add lines 33 and 34.
Enter this amount on line 47. Total federal non-refundable tax credits 350 6,915 18
Page 1 of 2
Protected B when completed
Complete this schedule and attach a copy to your return.
For more information, see the related line in the guide.
Step 1 - Federal non-refundable tax credits
Basic personal amount claim $11,327 1
2
Spouse or common-law partner amount (attach Schedule 5) = 3
Amount for an eligible dependant (attach schedule 5) = 4
5
6
7
on self-employment and other earnings (attach Schedule 8 or Form RC381, whichever applies) 8
on self-employment and other eligible earnings (attach Schedule 13) 10
11
12
13
Public transit amount 14
Children's arts amount 15
Home buyers' amount 16
Adoption expenses 17
Pension income amount (use the federal worksheet) (maximum $2,000) 18
Caregiver amount (attach Schedule 5) 19
20
Disability amount transferred from a dependant (use the federal worksheet) 21
Interest paid on your student loans 22
Your tuition, education, and textbook amounts (attach Schedule 11) 23
Tuition, education, and textbook amounts transferred from a child 24
Amounts transferred from your spouse or common-law partner (attach Schedule 2) 25
Medical expenses for self, spouse or common-law partner, and your
dependent children born in 1998 or later 26
Enter $2,208 or 3% of line 236, whichever is less. 27
Line 26 minus line 27 (if negative, enter "0") 28
29
Add lines 28 and 29. 30
Add lines 1 to 25, and line 30. 31
Federal non-refundable tax credit rate % 32
Multiply line 31 by line 32. 33
Donations and gifts (attach Schedule 9) 34
35
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
16,500 00
Complete the appropriate column depending on
the amount on line 36.
Line 36 is
$44,701 or less
Line 36 is more
than $44,701 but
not more than
$89,401
Line 36 is more
than $89,401 but
not more than
$138,586
Line 36 is more than
$138,586
16,500 00
44,701 00 89,401 00 138,586 00
16,500 00
x 15 x 22 x 26 x 29
2,475 00
0 00 6,705 00 16,539 00 29,327 00
Add lines 41 and 42. 2,475 00
2,475 00
424
404 2,475 00 2,475 00
350 6,915 18
423
425
426
427
6,915 18 6,915 18
Line 46 minus line 52 (if negative, enter "0") Basic federal tax 429
405
Line 53 minus line 54 (if negative, enter "0") Federal tax 406 0 00
409
Federal political contribution tax credit
(use the federal worksheet) 410
412
413
Labour-sponsored funds tax credit
Net cost Allowable credit 414
416
Line 55 minus line 60 (if negative, enter "0")
If you have an amount on line 45 above, see Form T1206 417
415
418
Add lines 61, 62, and 63.
Enter this amount on line 420 of your return. Net federal tax 420 0 00
Page 2 of 2
See the privacy notice on your return.
Protected B when completed
Step 2 - Federal tax on taxable income
Enter your taxable income from line 260 of your return. 36
Enter the amount from line 36. 37
38
Line 37 minus line 38 (cannot be negative) 39
% % % % 40
Multiply line 39 by line 40. 41
42
43
Step 3 - Net federal tax
Enter the amount from line 43 44
Federal tax on split income (from line 5 of Form T1206) 45
Add lines 44 and 45. 46
Enter your total federal non-refundable tax credits from line 35 on the previous page. 47
Family tax cut (attach Schedule 1-A) 48
Federal dividend tax credit 49
Overseas employment tax credit (attach Form T626) 50
Minimum tax carryover (attach Form T691) 51
Add lines 47 to 51. 52
53
Federal foreign tax credit (attach Form T2209) 54
55
Total federal political contributions (attach receipts) 56
(maximum $650) 57
Investment tax credit (attach Form T2038(IND)) 58
59
Add lines 57, 58 and 59. 60
Federal logging tax credit
61
Working income tax benefit advance payments received (box 10 on the RC210 slip) 62
Special taxes (see line 418 in the guide) 63
64
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
T1-2015 Amounts for Spouse or Common-Law Partner
and Dependants
Schedule 5
Line 303 - Spouse or common-law partner amount
11,327 00
5109+
= 11,327 00
- 7,680 00
Line 3 minus line 4 (if negative, enter "0").
Enter this amount on line 303 of your Schedule 1. = 3,647 00
Did your marital status change to other than married or common-law in 2015?
Month/Day
If yes, tick this box 5522 and enter the date of the change.
Base amount 1
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide). 2
Add lines 1 and 2. 3
Spouse's or common-law partner's net income from page 1 of your return 4
5
Line 305 - Amount for an eligible dependant
First and last name: Year of birth Relationship to you
X
Is this dependant physically or
mentally infirm?
Address: Yes No
N/A
11,327 00
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide and read
the note below). 5110+
= 11,327 00
5106-
Line 3 minus line 4 (if negative, enter "0").
Enter this amount on line 305 of your Schedule 1. =
Did your marital status change to married or common-law in 2015?
Month/Day
If yes, tick this box 5529 and enter the date of the change.
Provide the requested information and complete the following calculation for this dependant.
Base amount 1
2
Add lines 1 and 2. 3
Dependant's net income (line 236 of his or her return) 4
5
Note: if you are entitled to the family caregiver amount for this dependant and he or she is a child under
18 years of age, you must claim the family caregiver amount on line 367, and not on this line.
Line 306 – Amount for an infirm dependant aged 18 or older
First and last name: Year of birth Relationship to you
Address:
N/A
-
=
Provide the requested information and complete the following calculation for each dependant.
Base amount 1
Infirm dependant's net income (line 236 of his or her return) 2
Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $6,700) 3
Page 1 of 2
5000-S5
See the privacy notice on your return.
Protected B when completed
See the guide to find out if you can claim an amount on line 303, 305, 306, or 315 of Schedule 1. For each dependant claimed, provide the details requested
below. Attach a copy of this schedule to your return.
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Protected B when completed
Amounts for Spouse or Common-Law Partner and Dependants
Line 315 – Caregiver amount
First and last name: Eunice Musician Year of birth Relationship to you
X
Is this dependant physically or
mentally infirm?
Yes No
111 WWW Street, Vancouver
Address: BC V4H3W4
1928 Mother
20,343 00
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide and complete
box 5112 below). + 2,093 00
= 22,436 00
- 9,500 00
Line 3 minus line 4 (if negative, enter "0"). If you are entitled to the family caregiver amount on line 2,
the maximum amount is $6,701. If not, the maximum is $4,608. = 6,701 00
-
= 6,701 00
Base amount 1
2
Add lines 1 and 2. 3
Dependant's net income (line 236 of his or her return) 4
5
If you claimed this dependant on line 305 of Schedule 1, enter the amount you claimed. 6
Allowable amount for this dependant: line 5 minus line 6 (if negative, enter "0"). 7
First and last name: Earl Musician Year of birth Relationship to you
X
Is this dependant physically or
mentally infirm?
Yes No
111 WWW Street, Vancouver
Address: BC V4H3W4
1926 Father
20,343 00
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide and complete
box 5112 below). +
= 20,343 00
- 7,500 00
Line 3 minus line 4 (if negative, enter "0")If you are entitled to the family caregiver amount on line 2,
the maximum amount is $6,701. If not, the maximum is $4,608. = 4,608 00
-
= 4,608 00
Base amount 1
2
Add lines 1 and 2. 3
Dependant's net income (line 236 of his or her return) 4
5
If you claimed this dependant on line 305 of Schedule 1, enter the amount you claimed. 6
Allowable amount for this dependant: line 5 minus line 6 (if negative, enter "0"). 7
5112 1
Provide the requested information and complete the following calculation for each dependant.
Enter, on line 315 of your Schedule 1, the total amount you are claiming for all dependants.
Enter the total number of dependants for whom you entered $2,093 on line 2 for this calculation.
Page 2 of 2
5000-S5
See the privacy notice on your return.
X
X
Employment income and other employment income reported on line 101
and line 104 of the return 16,500 00
383 384
Total self-employment income reported on lines 135, 137, 139, 141, and 143
of the return (excluding losses and income from a communal organization)
Tax-exempt part of working income earned on a reserve or an allowance
received as an emergency volunteer 385 386
16,500 00 387
16,500 00
16,500 00 7,680 00
Tax-exempt part of all income earned or received on a reserve less the
deductions related to that income, or an allowance received as an emergency
volunteer 388 389
Total of universal child care benefit (UCCB) repayment
(line 213 of the return) and registered disability savings plan (RDSP)
income repayment (included on line 232 of the return)
16,500 00 7,680 00
Total of UCCB (line 117 of the return) and RDSP income (line 125 of the return) 7,680 00
16,500 00 390
16,500 00
X
X
X
Page 1 of 2
Protected B when completed
T1-2015 Working Income Tax Benefit Schedule 6
For more information, see line 453 in the guide. Complete this schedule and attach a copy to your return to claim the working income tax
benefit (WITB) if you meet all of the following conditions in 2015:
you were a resident of Canada throughout the year;
you earned income from employment or business; and
at the end of the year, you were 19 years of age or older or you resided with your spouse or common-law partner or your child.
The WITB is calculated based on the working income (calculated in Part A below) and your adjusted family net income (calculated in Part B below). You can
claim the basic WITB (Step 2) if the working income (amount on line 8 below) is more than $4,750. If you are eligible for the WITB disability supplement
(Step 3), your working income (amount on line 7 below) must be more than $2,295. Also, if your adjusted family net income is less than the amount specified
in the chart on the next page, you need to complete this form to find out if you are entitled to the WITB. If your adjusted family net income is more than the
amount specified in the chart on the next page, you are not entitled to the WITB.
You cannot claim the WITB if in 2015:
you were enrolled as a full-time student at a designated educational institution for more than 13 weeks in the year, unless you had an eligible dependant at
the end of the year; or
you were confined to a prison or similar institution for a period of at least 90 days during the year.
Notes: If you were married or living in a common-law relationship but did not have an eligible spouse or an eligible dependant, complete this schedule using
the instructions as if you had neither an eligible spouse nor an eligible dependant.
If you are completing a final return for a deceased person who met the above conditions, you can claim the WITB for that person if the date of death
was after June 30, 2015.
Step 1 - Calculating your working income and adjusted family net income
Do you have an eligible dependant? 381 Yes 1 No 2
Do you have an eligible spouse? 382 Yes 1 No 2
Part A - Working income
Complete columns 1 and 2 if you had an eligible spouse on Column 1 Column 2
December 31, 2015. Otherwise, complete column 1 only. You Your eligible
spouse
3 3
Taxable part of scholarship income reported on line 130 4 4
5 5
6 6
Add lines 3 to 6. Enter the amount even if the result is "0". 7 7
Add the amounts from line 7 in columns 1 and 2. Working income 8
Part B - Adjusted family net income
Net income amount from line 236 of the return 9 9
10 10
11 11
Add lines 9,10, and 11. 12 12
13 13
Line 12 minus line 13 (if negative, enter "0") 14 14
Add the amounts from line 14 in columns 1 and 2. Adjusted family net income 15
Are you claiming the basic WITB? 391 Yes 1 No 2 If yes, complete Step 2 on the next page.
Are you claiming the WITB disability supplement
for yourself? 392 Yes 1 No 2 If yes, complete Step 3 on the next page.
Does your eligible spouse qualify for the disability
amount for himself or herself? 394 Yes 1 No 2 If yes, he or she must complete steps 1
and 3 on a separate Schedule 6.
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
16,500 00
4,750 00
11,750 00
20.40
2,397 00
If you had neither an eligible spouse nor an eligible dependant, enter $1,227.
If you had an eligible spouse or an eligible dependant, enter $1,947. 1,947 00
1,947 00 1,947 00
16,500 00
Base amount: If you had neither an eligible spouse nor an eligible dependant, enter $12,622.
If you had an eligible spouse or an eligible dependant, enter $17,013. 17,013 00
16.50
1,947 00
2,295 00
21.00
Base amount: If you had neither an eligible spouse nor an eligible dependant, enter $20,048.
If you had an eligible spouse or an eligible dependant, enter $28,795. 28,795 00
Rate: If you had an eligible spouse and he or she also qualifies for the disability amount,
enter 8.5%. Otherwise, enter 17%. 17.00
1,947 00
1,947 00
Adjusted family net income levels
You had neither an eligible spouse nor
an eligible dependant
You had an eligible spouse or
an eligible dependant
Basic WITB
Adjusted family net income (line 15 in Step 1) less than $20,059 less than $28,813
WITB disability supplement
(you qualify for the disability amount)
Adjusted family net income (line 15 in Step 1)
less than $23,372 less than $32,119
WITB disability supplement
(you had an eligible spouse and
both of you qualify for the disability amount)
Adjusted family net income (line 15 in Step 1)
less than $35,443
Page 2 of 2
See the privacy notice on your return.
Protected B when completed
Step 2 - Calculating your basic WITB
If you had an eligible spouse, only one of you can claim the basic WITB. However, the individual who received the WITB advance payments for 2015 is the
individual who must claim the basic WITB for the year. If you had an eligible dependant, only one individual can claim the basic WITB for that same eligible
dependant.
Amount from line 8 in Step 1 16
Base amount 17
Line 16 minus line 17 (if negative, enter "0") 18
Rate % 19
Multiply line 18 by line 19. 20
21
Amount from line 20 or line 21, whichever is less 22
Amount from line 15 in Step 1 23
24
Line 23 minus line 24 (if negative, enter "0") 25
Rate % 26
Multiply line 25 by line 26. 27
Line 22 minus line 27 (if negative, enter "0") 28
Enter the amount from line 28 on line 453 of your return unless you complete Step 3.
Step 3 - Calculating your WITB disability supplement
If you qualify for the disability amount for yourself, complete Step 3 to calculate your supplement. However, if you had an eligible spouse and both of you
qualify for the disability amount, your spouse must complete steps 1 and 3 on a separate Schedule 6 to calculate his or her supplement and enter the amount
on line 453 of his or her return.
Enter the amount from line 7 in column 1 of Step 1. 29
Base amount 30
Line 29 minus line 30 (if negative, enter "0") 31
Rate % 32
Multiply line 31 by line 32. 33
Amount from line 33 or $565, whichever is less 34
Amount from line 15 in Step 1 35
36
Line 35 minus line 36 (if negative, enter "0") 37
% 38
Multiply line 37 by line 38. 39
Line 34 minus line 39 (if negative, enter "0") 40
If you completed Step 2, enter the amount from line 28. Otherwise, enter "0". 41
Add lines 40 and 41.
Enter this amount on line 453 of your return. 42
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Charitable donations Donations
Charitable donations details
Name of organization Amount paid
Planned Parenthood Of Canada 3,000 00
Reported on slips Claim: Own slips
Total current year donations 3,000 00
Donations to U.S. organizations
Name of organization Amount paid
Total current year donations <NIL>
Other gifts
Charitable donations summary
3,000 00
+ +
= = 3,000 00 3,000 00
16,500 00
= = 12,375 00
+ +
= =
+ +
= = 12,375 00
-
= = 12,375 00 12,375 00
3,000 00 3,000 00
Charitable donation carryforward - Canadian
Year Beginning balance Claimed in 2015 Ending balance
2010
2011
2012
2013
2014
2015 3,000 00
Totals 3,000 00
Cultural and ecological gifts (pre-February 11, 2014) carryforward
Year Beginning balance Claimed in 2015 Ending balance
2010
2011
2012
2013
2014
2015
Totals
Page 1 of 2
Donations made to government entities
Donations made to prescribed universities outside Canada.
Donations made to the United Nations, its agencies, and
certain charitable organizations outside Canada.
Donations made to a registered museum or cultural organization.
U.S. Canadian Total
Total current year donations
Other gifts
Unclaimed donations from 2011 - 2014
Unclaimed donations from 2010
Total charitable donations A
Net income B
75% of line B C
Gifts of depreciable property D
Taxable capital gains minus capital gains deduction
on gifts of capital property E
Add lines D and E F
25% of line F G
Add lines C and G H
Allowable U.S. donations I
Total donations limit J
Allowable charitable donations
(least of lines A, J or amount required to
reduce federal tax to zero)
Charitable donations available for carryforward
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Charitable donations Donations
Ecological gifts (post-February 10, 2014) carryforward
Year Beginning balance Claimed in 2015 Ending balance
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Totals
Page 2 of 2
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Provincial Worksheet 2015
T1 General
4,457 00
16,500 00
33,174 00
15 00
4,457 00
11,275 00
Date of birth Relationship to you Net income in
2015 Nature of infirmity Amount of claim
Last Name
First Name N/A
Total amount for all dependants.
19,066 00
9,500 00
4,349 00
4,349 00
Date of birth Relationship to you Net income in
2015
Nature of infirmity
(if it applies) Amount of claim
Musician
Eunice
Last Name
First Name 1928-04-10 Mother 9,500.00 blind 4,349 00
Musician
Earl
Last Name
First Name 1926-11-16 Father 7,500.00 4,349 00
Total amount for all dependants. 8,698 00
Page 1 of 3
Protected B when completed
Use this worksheet to do some of the calculations you may need to complete Form BC428, British Columbia Tax.
You can find more information about completing these calculations in the forms book.
Keep this worksheet for your records. Do not attach it to the return you send us.
Line 5808 – Age amount
Maximum amount 1
Your net income from line 236 of your return 2
Base amount 3
Line 2 minus line 3 (if negative, enter "0") 4
Applicable rate % 5
Multiply line 4 by line 5. 6
Line 1 minus line 6 (if negative, enter "0"). Enter this amount on line 5808 of Form BC428. 7
Line 5820 – Amount for infirm dependants age 18 or older
Base amount 1
Dependant’s net income (line 236 of his or her return) 2
Line 1 minus line 2 (maximum $4,348) 3
If you claimed this dependant on line 5816, enter the amount claimed. 4
Allowable amount for this dependant: Line 3 minus line 4 (if negative, enter "0") 5
Complete this calculation for each dependant.
Enter, on line 5820 of Form BC428, the total amount claimed for all dependants.
Line 5833 – Adoption expenses
Total adoption expenses (maximum : $15,255 per child) 1
Amount claimed by the other adoptive parent, % 2
Subtract line 2 from line 1.
Carry the result to line 5833 of Form BC428 3
Line 5840 – Caregiver amount
Base amount 1
Dependant’s net income (line 236 of his or her return) 2
Line 1 minus line 2 (if negative, enter "0") (maximum $4,349) 3
If you claimed this dependant on line 5816, enter the amount claimed. 4
Allowable amount for this dependant: Line 3 minus line 4 (if negative, enter "0") 5
Complete this calculation for each dependant.
Enter, on line 5840 of Form BC428, the total amount claimed for all dependants.
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
X
2,525 00
Disability amount transferred from a dependant
___ ___ ___
Eunice
Musician
1928-04-10
7,454.00
7,454.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Disability transfer
7,454.00
9,500.00
9,938.00
4,457.00
0.00
Disability amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 5812 to 5840
Adjusted taxable income B
Tuition and education transfer from dependant
527 000 285
Richard
Musician
1998-03-15
3,800.00
0.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
3,800.00
2,800.00
9,938.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 5812 to 5848
Unused tuition and education from 2014
Adjusted taxable income B
___ ___ ___
Sarah
Musician
1995-09-02
5,000.00
0.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
5,000.00
0.00
9,938.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 5812 to 5848
Unused tuition and education from 2014
Adjusted taxable income B
Name of dependant
A
Amount of
medical
expenses
B
Net income
C
The lesser of $2,066
or 3% of net income
D
Col. A minus
col. C
Earl Musician 1,050.00 7,500.00 225.00 825.00
Sarah Musician 300.00 300.00
Total 1,125.00
10.00
2.59
10.00
Add lines 3 and 5.
Enter this amount on line 6152 of Form BC428
Line 6152 - British Columbia dividend tax credit
Calculate the amount to enter on line 6152 of Form BC428 by completing one of the two following calculations:
If you have an amount on line 120 but no amount on line 180 of your return, complete the following:
Line 120 of your return x % =
Enter this amount on line 6152 of Form BC428
If you have amounts on line 180 and 120 of your return, complete the following:
Line 120 of your return 1
Line 180 of your return 2 x % = 3
Line 1 minus line 2 (if negative, enter "0") 4 x % = 5
6
Page 2 of 3
Protected B when completed
Line 5843 - Education coaching amount
Do you wish to claim this credit? Yes No
Education coaching amount
Line 5844 – Disability amount (for self)
(supplement calculation if you were under 18 years of age on December 31, 2015)
Maximum supplement 1
Total child care and attendant care expenses for you,
claimed by you or by another person 2
Base amount 3
Line 2 minus line 3 (if negative, enter "0") 4
Line 1 minus line 4 (if negative, enter "0") 5
Enter, on line 5844 of Form BC428,$7,454 plus the amount on line 5 (maximum claim $11,803), unless you are
completing this chart to calculate the amount at line 5848.
Line 5848 and 5860 – Transfer from dependants
Line 5872 – Allowable amount of medical expenses for other dependants
Enter, on line 5872 of Form BC428, the total amount claimed for all other dependants.
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Line 48 – British Columbia overseas employment tax credit
Calculate your British Columbia overseas employment tax credit by completing the following calculation, and
enter the amount from line 1 on line 48 of Form BC428.
British Columbia tax before the Federal overseas
overseas employment tax credit * X employment tax credit*** = 1
Federal tax before the overseas
employment tax credit **
* Amount from line 43 of Form BC428, less the total of the amounts from lines 46 and 47 of that form
** Amount from line 43 of federal Schedule 1, less the total of the amounts from lines 350 and 425 of that schedule
*** Amount from line 426 of federal Schedule 1
100 00 550 00
75.00 50.00 33.33
75 00 300 00
Add lines 5 and 6.
Enter the result on line 68 of Form BC428.
Line 68 – British Columbia political contribution tax credit
If your total political contributions (line 67 from Form BC428) were more than $1,150, enter $500 on line 68 of Form BC428.
Otherwise, complete the appropriate column depending on the If line 67 is more If line 67 is more
amount on line 67. If line 67 is than $100 but not than $550
$100 or less more than $550
Enter your total contributions. 1
2
Line 1 minus line 2 (cannot be negative) 3
% % % 4
Multiply line 3 by line 4. 5
6
7
Page 3 of 3
Protected B when completed
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
British Columbia Tax BC428
T1 General - 2015
For internal use only 5609
5804 9,938 00
5808 4,457 00
9,360 00
Minus: his or her net income
from page 1 of your return 7,680 00
1,680 00 5812 1,680 00
9,360 00
Minus: his or her net income
from line 236 of his or her return
5816
5820
CPP or QPP contributions:
(amount from line 308 of your federal Schedule 1) 5824
5828
Employment Insurance premiums:
(amount from line 312 of your federal Schedule 1) 5832 310 20
5829
5833
5838
5842
5841
5843
5836
5840 8,698 00
Disability amount (for self)
(Claim $7,454 or, if you were under 18 years of age, use the Provincial Worksheet) 5844
5848 7,454 00
5852
5856
5860
5864
5868 2,800 00
495 00
2,305 00
5872 1,125 00
5876 3,430 00 3,430 00
5880 35,967 20 35,967 20
x 5.06
5884 1,819 94
Amount from line 345 of your federal Schedule 9 x 5.06 %
Amount from line 347 of your federal Schedule 9 x 14.70 %
5896 0 00
Add lines 30 and 33.
Enter this amount on line 46. British Columbia non-refundable tax credits 6150 1,819 94
Page 1 of 3
Protected B when completed
Complete this form and attach a copy to your return. For more information, see the related line in the forms book.
Step 1 – British Columbia non-refundable tax credits
Basic personal amount claim $9,938 1
Age amount (if born in 1950 or earlier) (use the Provincial Worksheet) (maximum $4,457) 2
Spouse or common-law partner amount
Base amount
Result: (if negative, enter "0") (maximum $8,509) 3
Amount for an eligible dependant
Base amount
Result: (if negative, enter "0") (maximum $8,509) 4
Amount for infirm dependants age 18 or older (use the Provincial Worksheet) 5
6
(amount from line 310 of your federal Schedule 1) 7
8
(amount from line 317 of your federal Schedule 1) 9
Adoption expenses (amount from line 313 of your federal Schedule 1) 10
Children's fitness amount 11
Children's fitness equipment amount (50% of amount from line 5838) 12
Children's arts amount 13
Education coaching amount (maximum $500) 14
Pension income amount (maximum $1,000) 15
Caregiver amount (use the Provincial Worksheet)) 16
17
Disability amount transferred from a dependant (use the Provincial Worksheet) 18
Interest paid on your student loans (amount from line 319 of your federal Schedule 1) 19
Your tuition and education amounts [use and attach Schedule BC(S11)] 20
Tuition and education amounts transferred from a child 21
Amounts transferred from your spouse or common-law partner [attach Schedule BC(S2)] 22
Medical expenses:
Amount from line 330 of your federal Schedule 1 23
Enter $2,066 or 3% of net income from line 236 of your
return, whichever is less. 24
Line 23 minus line 24 (if negative, enter "0") 25
Allowable amount of medical expenses for other dependants
(use the Provincial Worksheet) 26
Add lines 25 and 26. 27
Add lines 1 through 22, and line 27. 28
British Columbia non-refundable tax credit rate % 29
Multiply line 28 by line 29. 30
Donations and gifts:
= 31
= 32
Add lines 31 and 32. 33
34
Go to Step 2
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
16,500 00
Complete the appropriate
column depending on the
amount on line 35. Line 35 is $37,869
or less
Line 35 is more
than $37,869, but
not more than
$75,740
Line 35 is more
than $75,740, but
not more than
$86,958
Line 35 is more
than $86,958, but
not more than
$105,592
Line 35 is more
than $105,592, but
not more than
$151,050
Line 35 is more
than $151,050
16,500 00
0 00 37,869 00 75,740 00 86,958 00 105,592 00 151,050 00
16,500 00
x 5.06 x 7.70 x 10.50 x 12.29 x 14.70 x 16.80
834 90
0 00 1,916 00 4,832 00 6,010 00 8,300 00 14,982 00
Add lines 40 and 41.
British Columbia tax
on taxable income 834 90
834 90
6151
834 90
1,819 94
British Columbia dividend tax credit:
Credit calculated for line 6152 on the Provincial Worksheet 6152
British Columbia overseas employment tax credit:
Amount calculated for line 48 on the Provincial Worksheet 6153
British Columbia minimum tax carry-over:
Amount from line 427 of federal Schedule 1 33.70 6154
1,819 94 1,819 94
British Columbia additional tax for minimum tax purposes
Amount from line 117 on Form T691 33.70
432 00
16,500 00
19,000 00
3.50
432 00 432 00
Page 2 of 3
Protected B when completed
Step 2 - British Columbia tax on taxable income
Enter your taxable income from line 260 of your return. 35
Enter the amount from line 35
in the applicable column. 36
Line 36 minus line 37 37
(cannot be negative) 38
% % % % % % 39
Multiply line 38 by line 39. 40
41
42
Step 3 – British Columbia tax
Enter your British Columbia tax on taxable income from line 42. 43
Enter your British Columbia tax on split income from Form T1206. 44
Add lines 43 and 44. 45
Enter your British Columbia non-refundable tax credits from line 34. 46
47
= 48
x % = 49
Add lines 46 through 49. 50
Line 45 minus line 50 (if negative, enter "0") 51
x % = 52
Add lines 51 and 52. 53
Enter the provincial foreign tax credit from Form T2036 54
Line 53 minus line 54 (if negative, enter "0") 55
BC tax reduction
If your net income (line 236 of your return) is less than $31,342, complete the following calculation.
Otherwise, enter "0" on line 62 and continue on line 63.
Basic reduction Claim $432 56
Enter your net income from line 236 of your return. 57
Base amount 58
Line 57 minus line 58 (if negative, enter "0") 59
Applicable rate % 60
Multiply line 59 by line 60. 61
Line 56 minus line 61 (if negative, enter "0") 62
Line 55 minus line 62 (if negative, enter "0") 63
Logging tax credit from Form FIN 542S or Form FIN 542P 64
Line 63 minus line 64 (if negative, enter "0") 65
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
6040
6045
6047
6881
Line 73 minus line 74 (if negative, enter "0").
Enter this amount on line 428 of your return. British Columbia tax 0 00
Page 3 of 3
See the privacy notice on your return.
Protected B when completed
Step 3 – British Columbia tax (continued)
Enter the amount from line 65 on the previous page. 66
British Columbia political contribution tax credit
Enter British Columbia political contributions made in 2015. 67
Credit calculated for line 68
on the Provincial Worksheet (maximum $500) 68
Line 66 minus line 68 (if negative, enter "0") 69
British Columbia employee investment tax credits
Enter your employee share ownership plan tax credit from Certificate ESOP 20. 70
Enter your employee venture capital tax credit from Certificate EVCC 30. 71
Add lines 70 and 71. (maximum $2,000) 72
Line 69 minus line 71 (if negative, enter "0") 73
British Columbia mining flow-through share tax credit
Enter the tax credit amount calculated on Form T1231. 74
75
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
British Columbia Credits BC479
T1 General - 2015
Income for the sales tax credit
16,500 00 7,680 00
Total of universal child care benefit (UCCB) repayment (line 213 of the return) and
the registered disability savings plan (RDSP) income repayment (included in line 232)
16,500 00 7,680 00
Total of the UCCB income (line 117 of the return) and
the RDSP income (line 125 of the return) 7,680 00
16,500 00
16,500 00
If you had a spouse or common-law partner on December 31, 2015,
enter $18,000. Otherwise, enter $15,000. 18,000 00
Column 1 Column 2
Your spouse or
You common-law
partner
Enter the net income from line 236 of the return 1 1
2 2
Add lines 1 and 2 3 3
4 4
Line 3 minus line 4 (if negative, enter "0") 5 5
Add the amounts from line 5
in column 1 and column 2 (if applicable) Adjusted net family income 6
7
Line 6 minus line 7 (if negative, enter "0") Income for the sales tax credit 8
6033 75 00
6035 75 00
150 00
150 00
6089
6048 10
Enter your venture capital tax credit from Certificate SBVC10
for shares acquired in 2015. 6049
Enter your venture capital tax credit from Certificate SBVC10
for shares purchased during the first 60 days of 2016 that you elect to claim in 2015. 6050+
Enter your unused venture capital tax credit from previous years shown on
your most recent notice of assessment or notice of reassessment. +
= +
6051+
6053
= 150.00
Page 1 of 2
See the privacy notice on your return.
Protected B when completed
Complete the calculations that apply to you and attach a copy to your return. For more information, see the related line in the forms book.
Sales tax credit (for low-income families and individuals)
If you had a spouse or common-law partner on December 31, 2015, only one of you can claim this credit for both of you.
Basic sales tax credit claim $75 9
Additional credit for your spouse or common-law partner claim $75 10
Add lines 9 and 10 11
Amount from line 8 x 2% = 12
Line 11 minus line 12 (if negative, enter "0") Sales tax credit 13
British Columbia seniors' home renovation tax credit
If, on December 31, 2015, you and your spouse or common-law partner occupied
separate principal residences for medical reasons, claim the seniors' home renovation
tax credit individually and tick box 6089.
Enter your home renovation expenses from line 5
of your Schedule BC(S12). (maximum $10,000) x % = 14
British Columbia venture capital tax credit
15
16
17
Add lines 15, 16, and 17. (maximum $60,000) 18
British Columbia mining exploration tax credit
Enter your mining exploration tax credit from Form T88. 19
Enter your mining exploration tax credit allocated from a partnership from Form T88. 20
Add lines 13, 14, 18 and 19. 21
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
= 150.00
6055
6056+
6063+
= +
Add lines 22 and 26.
Enter the result on line 479 of your return. British Columbia credits = 150 00
Page 2 of 2
See the privacy notice on your return.
Enter the amount from line 21 on the previous page. 22
British Columbia training tax credit
Enter your training tax credit for individuals from Form T1014. 23
Enter the amount from line 4 of Form T1014-1,British Columbia Training Tax Credit
(Employers). 24
Enter the amount from line 4 of Form T1014-2, British Columbia Shipbuilding and
Ship Repair Industry Tax Credit (Employers). 25
Add lines 23, 24, and 25. 26
27
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Medical expenses Medical
Medical expenses - line 330
2015-01-01 2015-12-31
Payment date Name of patient Payment made to Description
of expense
* Subject to
limitation? Amount Claim
2015-12-02 Buddy-Chapter 4 Problem MCanada Wide Dental Clinic Dental services No 1,200 00 1,200 00
2015-12-02 Natasha Musician Canada Wide Dental Clinic Dental services No 700 00 700 00
2015-12-02 Linda Musician Canada Wide Dental Clinic Dental services No 100 00 100 00
2015-12-02 Richard Musician Canada Wide Dental Clinic Dental services No 800 00 800 00
No
Medical expenses subtotal 2,800 00
Yes
2,800 00
Taxpayer Spouse
Premiums paid to private health service plans
Employee/Recipient-paid premiums for private health services plan
Québec prescription Drug Insurance Plan - 2014
Nova Scotia Seniors' Pharmacare Program
Total medical expenses - line 330
Page 1 of 2
Period covered by claim: from to
Are you claiming medical expenses?
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Medical expenses Medical
Allowable amount of medical expenses for other dependants - line 331
Name of other dependant Earl Musician Net income 7,500 00
Payment date Payment made to Description of expense * Subject to
limitation? Amount Claim
2015-12-02 Canada Wide Dental Clinic Dental fees No 1,050 00 1,050 00
No
Total medical expenses 1,050 00
Yes
225 00
825 00
Minus: 3% of line 236 of Earl Musician's return (maximum $2,208)
Allowable amount of medical expenses
Name of other dependant Sarah Musician Net income
Payment date Payment made to Description of expense * Subject to
limitation? Amount Claim
2015-12-02 Canada Wide Dental Clinic Dental fees No 300 00 300 00
No
Total medical expenses 300 00
Yes
300 00
Minus : 3% of line 236 of Sarah Musician's return (maximum $2,208)
Allowable amount of medical expenses
Name of other dependant Net income
Payment date Payment made to Description of expense * Subject to
limitation? Amount Claim
No
Total medical expenses
Yes
Minus : 3% of line 236 of 's return (maximum $2,208)
Allowable amount of medical expenses
Medical expense summary
330 2,800 00
495 00
2,305 00
331 1,125 00
332 3,430 00
3,430 00
Medical expenses
Minus : 3% of line 236 of your return (maximum $2,208)
Subtotal
Plus medical expenses for other dependants
Allowable amount of medical expenses
Total medical expenses
Page 2 of 2
Are you claiming medical expenses for this dependant?
Are you claiming medical expenses for this dependant?
Are you claiming medical expenses for this dependant?
* Limitation:
(1) Yes - Attendant care/Nursing Home (not claiming disability);
(2) Yes - Attendant care/Nursing Home (and claiming disability);
(3) Yes - Van adapted for transportation of patient requiring use of a wheelchair;
(4) Yes- Moving expenses for a patient's move to a more accessible dwelling
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
OtherCredits Other credits
Age amount - line 301
7,033 00
16,500 00
35,466 00
7,033 00
Volunteer firefighters’ amount – line 362
X
Public transit passes amount - line 364
Home buyers' amount - line 369
X
Search and rescue volunteers’ amount – line 395
X
Total income tax deducted - line 437
T4 slips 500 00
T4A slips
T4A (OAS) slip
T4A (P) slip
T4A (RCA) slip
T4E slip
T4RIF slips
T4RSP slips
T5013 slips
T1032 line P - Pension Transferee
Québec tax deducted (if not filing Québec return)
500 00
500 00
Refundable medical expense supplement - line 452
16,500 00
7,680 00
24,180 00 24,180 00
Universal Child Care Benefit (UCCB) (line 117 of your return) or the benefit of your spouse
or common-law partner from page 1 of your return 7,680 00
Registered disability savings plan (RDSP) income (line 125 of your and your spouse's
or common-law partner's return)
7,680 00 7,680 00
16,500 00
Page 1 of 2
Maximum claim 1
Your net income from line 236 of your return 2
Base amount 3
Line 2 minus line 3 (if negative, enter "0") 4
Multiply line 4 by 15% 5
Line 1 minus line 5 (if negative, enter "0"). Enter this amount on line 301 of Schedule 1. 6
Do you wish to claim this credit? Yes No
Volunteer firefighters’ amount
Amounts for public transit passes from your T4 slips 1
Amounts for public transit passes from your spouse or common law partner's T4 slips 2
Amounts for public transit passes not included on your or your spouse or
common-law partner's T4 3
Amounts for public transit passes from your dependant children (under age 19) 4
Total of lines 1, 2, 3 and 4 5
Amount claimed by your spouse or common-law partner % 6
Enter this amount on line 364 of Schedule 1 7
Do you qualify for the home buyers' amount? Yes No
Home buyers' credit
Amount claimed by another individual
Home buyers' amount
Do you wish to claim this credit? Yes No
Search and rescue volunteers’ amount
Subtotal
Less: T1032 line P - Pensioner
Total
Your net income from line 236 of your return 1
Net income of your spouse or common-law partner from page 1 of your return 2
Add lines 1 and 2. 3
4
5
Add lines 4 and 5. 6
Line 3 minus line 6 7
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Universal Child Care Benefit repayment (line 213 of your return) plus the UCCB repayment
of your spouse or common-law partner from page 1 of your return
RDSP income repayment (included in the amount of line 232 of your and your spouse's or
common-law partner's return)
16,500 00
25,939 00
3,430 00 857 50 857 50
857 50
Tax paid by instalments - line 476
Payment date Description Amount
2015-03-15 Instalment 1,000 00
2015-06-15 Instalment 1,000 00
2015-09-15 Instalment 1,000 00
2015-12-15 Instalment 1,000 00
Total tax paid by instalments 4,000 00
Page 2 of 2
8
9
Add lines 8 and 9. 10
Adjusted family net income: add lines 7 and 10. 11
Base amount 12
Line 11 minus line 12 (if negative, enter "0") 13
Enter the lesser of :
- $1,172
- x 25% = 14
(25 % of the total of line 215 of your return and line 332 of Schedule 1)
Multiply the amount on line 13 by 5%. 15
Line 14 minus line 15 (if negative, enter "0"). Enter this amount on line 452 of your return. 16
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Dependant Dependant information
Dependant #1 Dependant #2 Dependant #3
Social Insurance Number ___ ___ ___ ___ ___ ___ ___ ___ ___
First name Linda Larry Donna
Last name Musician Musician Musician
Relationship Daughter Son Daughter
Birthdate 2010-04-01 2011-04-01 2012-04-01
Net income
Claim as eligible dependant? No No No
Dependant claiming GST credit? No No No
Dependant claiming PST
credit (ON, MB)?
No No No
Did dependant live with you in 2015? Yes Yes Yes
Street address 111 WWW Street 111 WWW Street 111 WWW Street
P.O. Box, R.R.
Apt No.
City Vancouver Vancouver Vancouver
Province BC BC BC
Postal code V4H 3W4 V4H 3W4 V4H 3W4
Province of residence on 2015/12/31 British Columbia British Columbia British Columbia
Disability/infirmity
Qualify for disability amount? No No No
Mentally or physically infirm? No No No
If yes, state nature of infirmity
% Claim on Schedule 5?
Claim on Schedule 5
Caregiver
% Claim on Schedule 5?
Claim on Schedule 5
Disability supplement (under age 18)
Maximum supplement A
Child / attendant care expenses
claimed for dependant by anyone
Base amount
Supplement reduction B
Disability supplement (A-B)
Children's fitness amount
Eligible fitness expenses ($1,000)
Percentage claim 100.00 100.00 100.00
Children's arts amount
Eligible children's art expenses ($500)
Percentage claim 100.00 100.00 100.00
Transfers from dependants
Tuition fees (T2202 and TL11)
Education - # months part time
Education - # months full time
Unused tuition/education from 2014
Net income
Deductions from net income
Non-refundable amounts
(lines 3 to 15 of Schedule 1)
Provincial transfers from dependants
Unused tuition/education from 2014
Non-refundable amounts
(lines 5812 to 5845)
Page 1 of 4
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Dependant #4 Dependant #5 Dependant #6
Social Insurance Number ___ ___ ___ 527 000 285 ___ ___ ___
First name Donald Richard Sarah
Last name Musician Musician Musician
Relationship Son Son Daughter
Birthdate 2013-04-01 1998-03-15 1995-09-02
Net income 2,800.00
Claim as eligible dependant? No No No
Dependant claiming GST credit? No No No
Dependant claiming PST
credit (ON, MB)?
No No No
Did dependant live with you in 2015? Yes Yes Yes
Street address 111 WWW Street 111 WWW Street 111 WWW Street
P.O. Box, R.R.
Apt No.
City Vancouver Vancouver Vancouver
Province BC BC BC
Postal code V4H 3W4 V4H 3W4 V4H 3W4
Province of residence on 2015/12/31 British Columbia British Columbia British Columbia
Disability/infirmity
Qualify for disability amount? No No No
Mentally or physically infirm? No No No
If yes, state nature of infirmity
% Claim on Schedule 5?
Claim on Schedule 5
Caregiver
% Claim on Schedule 5?
Claim on Schedule 5
Disability supplement (under age 18)
Maximum supplement A
Child / attendant care expenses
claimed for dependant by anyone
Base amount
Supplement reduction B
Disability supplement (A-B)
Children's fitness amount
Eligible fitness expenses ($1,000)
Percentage claim 100.00
Children's arts amount
Eligible children's art expenses ($500)
Percentage claim 100.00
Transfers from dependants
Tuition fees (T2202 and TL11) 3,000.00 9,600.00
Education - # months part time
Education - # months full time 4 12
Unused tuition/education from 2014
Net income 2,800.00
Deductions from net income
Non-refundable amounts
(lines 3 to 15 of Schedule 1)
Provincial transfers from dependants
Unused tuition/education from 2014
Non-refundable amounts
(lines 5812 to 5845)
Page 2 of 4
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Dependant #7 Dependant #8 Dependant #9
Social Insurance Number ___ ___ ___ ___ ___ ___ ___ ___ ___
First name Eunice Earl
Last name Musician Musician
Relationship Mother Father N/A
Birthdate 1928-04-10 1926-11-16
Net income 9,500.00 7,500.00
Claim as eligible dependant? No No No
Dependant claiming GST credit? No No No
Dependant claiming PST
credit (ON, MB)?
No No No
Did dependant live with you in 2015? Yes Yes No
Street address 111 WWW Street 111 WWW Street
P.O. Box, R.R.
Apt No.
City Vancouver Vancouver
Province BC BC
Postal code V4H 3W4 V4H 3W4 ___ ___
Province of residence on 2015/12/31 British Columbia British Columbia NA
Disability/infirmity
Qualify for disability amount? Yes No No
Mentally or physically infirm? Yes No No
If yes, state nature of infirmity blind
% Claim on Schedule 5?
Claim on Schedule 5
Caregiver
% Claim on Schedule 5? 100.0 100.0
Claim on Schedule 5 6,701.00 4,608.00
Disability supplement (under age 18)
Maximum supplement A
Child / attendant care expenses
claimed for dependant by anyone
Base amount
Supplement reduction B
Disability supplement (A-B)
Children's fitness amount
Eligible fitness expenses ($1,000)
Percentage claim
Children's arts amount
Eligible children's art expenses ($500)
Percentage claim
Transfers from dependants
Tuition fees (T2202 and TL11)
Education - # months part time
Education - # months full time
Unused tuition/education from 2014
Net income 9,500.00 7,500.00
Deductions from net income
Non-refundable amounts
(lines 3 to 15 of Schedule 1)
Provincial transfers from dependants
Unused tuition/education from 2014
Non-refundable amounts
(lines 5812 to 5845)
Page 3 of 4
File: Musician, Buddy-Chapter 4 Problem SIN: 527 000 061 Printed: 2016/01/24 16:10
Child first name Organization or name SIN # weeks* Amount Claim
___ ___ ___
Total
Transfer from dependants
Disability transfer from dependant
___ ___ ___
Eunice
Musician
1928-04-10
7,899.00
7,899.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Disability transfer
7,899.00
9,500.00
11,327.00
7,033.00
0.00
Disability amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 3 to 19
of Schedule 1
Adjusted taxable income B
Tuition and education transfer from dependant (post-secondary)
527 000 285
Richard
Musician
1998-03-15
4,860.00
0.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
4,860.00
2,800.00
11,327.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 3 to 21
of Schedule 1
Unused tuition and education from 2014
Adjusted taxable income B
___ ___ ___
Sarah
Musician
1995-09-02
5,000.00
0.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
5,000.00
0.00
11,327.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 3 to 21
of Schedule 1
Unused tuition and education from 2014
Adjusted taxable income B
Page 4 of 4
Child care expense details
(Please use the drop down list to select the first name of an eligible child)
*Enter the # of weeks spent at boarding school, overnight sports school or overnight camp.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Summary 2015 Tax Summary (Federal)
101 16,500
113 6,787
114 5,500
115
116
117
119
120
121
122
125
126
127
128
129 52,000
130
135 75,825
Workers' compensation and
social assistance 147
150 156,612
207
208
210
212
213
214
215
217
219
220 4,800
221
222
224
229
235 6,787
231
236 145,025
244
248
249
250
251
254
255
256
260 145,025
15,754 00
Buddy-Chapter 11 Problem
Total income
Employment *
Old Age Security
CPP/QPP benefits
Other pensions
Split-pension amount
Universal Child Care Benefit
Employment Insurance
Taxable dividends
Interest
Limited partnership
RDSP
Rental
Taxable capital gains
Support payments
RRSP
Other
Self-employment *
Total income
Net income
RPP
RRSP *
Split-Pension Deduction
Union and professional dues
UCCB repayment
Child care expenses
Disability supports deduction
Business investment loss
Moving expenses
Support payments
Carrying charges and interest
CPP/QPP/PIPP *
Exploration and development
Employment expenses
Social benefits repayment
Other deductions *
Net income
Taxable income
Canadian Forces personnel
Home relocation loan
Security options deductions
Other payments deduction
Losses of other years *
Capital gains deduction
Northern residents
Additional deductions
Taxable income
2016 Estimated Buddy-Chapter 11 Problem
GST/HST credit
Provincial tax credit
Child Tax Benefit
RRSP contribution limit
* More than one line is considered
300 11,327
301
303 3,647
367
306 11,309
308 310
362
363 1,146
364
370
369
313
314
316
318 17,759
319
323
332 1,717
335 47,215
338 7,082
349 842
350 7,924
404 31,194
350 7,924
423
425
426
429 23,270
405
406 23,270
410 405
414
417
415
418
420 22,865
421
430
422 6,787
428 11,715
435 41,367
437 16,100
440
448
452
453
454
457
459
476 4,000
479
482 20,100
21,267
21,267
Buddy-Chapter 11 Problem
Non-refundable tax credits
Basic personal amount
Age amount
Spouse / eligible dependant *
Family caregiver amount
Infirm/caregiver *
CPP/QPP/PPIP/EI *
Volunteer firefighters' amount*
Canada employment amount
Public transit passes amount
Children's arts amount
Home buyers’ amount *
Adoption expenses
Pension income amount
Disability amount
Transfers *
Interest on student loans
Tuition / education
Medical expenses
Subtotal
Credit at 15%
Donations and gifts
Non-refundable tax credits
Total payable
Federal tax
Non-refundable tax credits
Family tax cut
Dividend tax credit
Min. tax carry-over/other *
Basic federal tax
Non resident surtax
Foreign tax credits / other
Federal tax
Political/inv. tax credit/other *
Labour-sponsored tax credit
Alternative minimum tax
WITB Prepayment (RC210)
Special Taxes
Net federal tax
CPP contributions payable
EI self-employment
Social benefits repayment
Provincial/territorial tax
Total payable
Total credits
Income tax deducted *
QC or YT abatement *
CPP/EI overpayment *
Medical expense supplement
WITB (Schedule 6)
Other credits *
GST/HST rebate
Children's fitness amount
Instalments
Provincial tax credits
Total credits
Balance owing (refund)
Combined balance (refund)
Page 1 of 1
Canada Revenue Agence du revenu
Agency du Canada T1 GENERAL 2015
Income Tax and Benefit Return
Buddy-Chapter 11 Problem
Musician
111 WWW Street
Vancouver BC V6H 3W4
First name and initial
Last name
Care of
Mailing address: Apt No – Street No Street name
PO Box RR
City Prov./Terr. Postal Code
Email address
I understand that by providing an email address, I am registering for online
mail. I have read and I accept the terms and conditions on page 15 of
the guide.
Enter an email address:
Information about your residence
British Columbia
British Columbia
Enter your province or territory of
residence on December 31, 2015:
If your province or territory of residence changed
in 2015, enter the date of your move.
Is your home address the same as your
mailing address ? Yes No
Enter the province or territory where
you currently reside if it is not the
same as your mailing address above:
If you were self-employed in 2015,
enter the province or territory of
self-employment:
If you became or ceased to be a resident of Canada for income tax
purposes in 2015, enter the date of:
Month/Day Month/Day
entry or departure
Identification
BC 7
Information about you
527 000 061
1948-08-28
X
Enter your social insurance number (SIN)
Year/Month/Day
Enter your date of birth:
Your language of correspondence: English Français
Votre langue de correspondance :
Is this return for a deceased person?
If this return is for a deceased Year/Month/Day
person, enter the date of death:
Your marital status on December 31, 2015
X
(see the "Marital status" section in the guide for details)
1 Married 2 Living common-law 3 Widowed
4 Divorced 5 Separated 6 Single
Information about your spouse or
common-law partner (if you ticked box 1 or 2 above)
527 000 129
Natasha
7,680.00
7,680.00
Enter his or her SIN:
Enter his or her first name:
Enter his or her net income for 2015
to claim certain credits:
Enter the amount of UCCB included on line 117
of his or her return:
Enter the amount of UCCB repayment included
on line 213 of his or her return
Tick this box if he or she was self-employed in 2015: 1
Do not use this area
Do not
use this area 172 171
Protected B when completed
Complete all the sections that apply to you. For more information, see the guide.
X
Residency information for tax administration agreements
For more information, see Information Sheet T1-BC10(E), Residency information for tax administration agreements
included in this package.
Did you reside in the Nisga'a Lands on December 31, 2015? Yes 1 No 2
If yes, are you a citizen of the Nisga'a Nation?
Yes 1 No 2
X
X
Elections Canada (see the Elections Canada page in the tax guide for details or visit www.elections.ca)
A) Are you a Canadian citizen? Yes 1 No 2
Answer the following question only if you are a Canadian citizen.
B) As a Canadian citizen, do you authorize the Canada Revenue Agency to give your name, address, date of birth,
and citizenship to Elections Canada to update the National Register of Electors? Yes 1 No 2
Your authorization is valid until you file your next return. Your information will only be used for
purposes permitted under the Canada Elections Act, which include sharing the information with
provincial/territorial election agencies, members of Parliament, and registered political parties, as
well as candidates at election time.
X
Please answer the following question
Did you own or hold specified foreign property where the total cost amount of all such property,
at any time in 2015, was more than CAN$100,000?
See "Specified foreign property" in the guide for more information 266 Yes 1 No 2
If yes, complete and attach Form T1135 to your return.
If you had dealings with a non-resident trust or corporation in 2015, see the "Foreign income" section in the guide.
Protected B when completed 2
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
101 16,500 00
102
103
104
Old Age Security pension (box 18 on the T4A(OAS) slip) 113 6,786 90
CPP or QPP benefits (box 20 on the T4A(P) slip) 114 5,500 00
152
115
116
117
185
Employment Insurance and other benefits (box 14 on the T4E slip) 119
Taxable amount of dividends (eligible and other than eligible) from taxable Canadian
corporations (attach Schedule 4) 120
180
121
Net partnership income: limited or non-active partners only 122
125
Rental income 160 126
127
Support payments received 156 128
129 52,000 00
130
162 135
164 78,000 00 137 75,825 00
166 139
168 141
170 143
144
145
Net federal supplements (box 21 on the T4A(OAS) slip) 146
Add lines 144, 145, and 146
(see line 250 in the guide). 147
Add lines 101, 104 to 143, and 147 This is your total income. 150 156,611 90
Protected B when completed 3
The guide contains valuable information to help you complete your return.
When you come to a line on the return that applies to you, look up the line number in the guide for more information.
As a Canadian resident, you have to report your income from all sources both inside and outside Canada.
Total income
Employment income (box 14 on all T4 slips)
Commissions included on line 101 (box 42 on all T4 slips)
Wage loss replacement contributions
(see line 101 in the guide)
Other employment income
Disability benefits included on line 114
(box 16 on the T4A(P) slip)
Other pensions and superannuation
Elected split-pension amount (attach Form T1032)
Universal Child Care Benefit (UCCB)
UCCB amount designated to a dependant
Taxable amount of dividends other than eligible dividends,
included on line 120, from taxable Canadian corporations
Interest and other investment income (attach Schedule 4)
Registered disability savings plan income
Gross Net
Taxable capital gains (attach Schedule 3)
Total Taxable amount
RRSP income (from all T4RSP slips)
Other income Specify:
Self-employment income
Business income Gross Net
Professional income Gross Net
Commission income Gross Net
Farming income Gross Net
Fishing income Gross Net
Workers' compensation benefits (box 10 on the T5007 slip)
Social assistance payments
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
150 156,611 90
206
207
208
205
Deduction for elected split-pension amount (attach Form T1032) 210
Annual union, professional, or like dues (box 44 on all T4 slips, and receipts) 212
Universal Child Care Benefit repayment (box 12 on all RC62 slips) 213
214
215
Business investment loss Gross 228 Allowable deduction 217
219
Support payments made Total 230 9,000 00 Allowable deduction 220 4,800 00
221
Deduction for CPP or QPP contributions on self-employment and other earnings
(attach Schedule 8 or Form RC381, whichever applies) 222
224
229
231
232
233 4,800 00 4,800 00
234 151,811 90
Social benefits repayment (if you reported income on line 113, 119, or 146, see line 235 in the guide)
Use the federal worksheet to calculate your repayment. 235 6,786 90
Line 234 minus line 235 (if negative, enter "0").
If you have a spouse or common-law partner, see Line 236 in the guide. This is your net income. 236 145,025 00
244
248
249
Other payments deduction
(if you reported income on line 147, see line 250 in the guide) 250
251
252
253
254
255
256
257
Line 236 minus line 257 (if negative, enter "0") This is your taxable income. 260 145,025 00
Protected B when completed 4
Attach your Schedule 1 (federal tax) and Form 428 (provincial or
territorial tax) here. Attach only the other documents (schedules, information slips, forms, or
receipts) requested in the guide to support any claim or deduction. Keep all other supporting
documents.
Net income
Enter your total income from line 150
Pension adjustment
(box 52 on all T4 slips and box 034 on all T4A slips)
Registered pension plan deduction (box 20 on all T4 slips and box 032 on all T4A slips)
RRSP/pooled registered pension plan (PRPP) deduction
(see Schedule 7 and attach receipts)
PRPP employer contributions
(amount from your PRPP contribution receipts)
Child care expenses (attach Form T778)
Disability supports deduction
Moving expenses
Carrying charges and interest expenses (attach Schedule 4)
Exploration and development expenses (attach Form T1229)
Other employment expenses
Clergy residence deduction
Other deductions Specify:
Add lines 207, 208, 210 to 224, 229, 231, and 232.
Line 150 minus line 233 (if negative, enter "0"). This is your net income before adjustments.
Taxable income
Canadian Forces personnel and police deduction (box 43 on all T4 slips)
Employee home relocation loan deduction (box 37 on all T4 slips)
Security options deductions
Limited partnership losses of other years
Non-capital losses of other years
Net capital losses of other years
Capital gains deduction
Northern residents deductions (attach Form T2222)
Additional deductions Specify:
Add lines 244 to 256.
Use your taxable income to calculate your federal tax on Schedule 1 and your provincial or territorial tax on Form 428.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
T1-2015 Federal Tax Schedule 1
300 11,327 00
Age amount (if you were born in 1950 or earlier) (use federal worksheet) (maximum $7,033) 301
303 3,647 00
305
352 2,093
Family caregiver amount for children under 18 years of age
Number of children born for whom you are claiming
the family caregiver amount x $ = 367
Amount for infirm dependants age 18 or older (attach Schedule 5) 306
CPP or QPP contributions:
through employment from box 16 and box 17 of all T4 slips
(attach Schedule 8 or Form RC381, whichever applies) 308
310
312 310 20
Employment Insurance premiums:
through employment from box 18 and box 55 of all T4 slips (maximum $930.60) 9
317
Volunteer firefighters' amount 362
Search and rescue volunteers' amount 395
Canada employment amount
(If you reported employment income on line 101 or line 104, see line 363 in the guide.) (maximum $1,146) 363 1,146 00
364
370
369
313
314
315 11,309 00
Disability amount (for self) (Claim $7,899, or if you were under age 18, use the federal worksheet) 316
318 7,899 00
319
323
324 9,860 00
326
330 2,800 00
2,208 00
592 00
Allowable amount of medical expenses for other dependants
(do the calculation at line 331 in the guide) 331 1,125 00
1,717 00 332 1,717 00
335 47,215 20
15
338 7,082 28
349 842 00
Add lines 33 and 34.
Enter this amount on line 47. Total federal non-refundable tax credits 350 7,924 28
Page 1 of 2
Protected B when completed
Complete this schedule and attach a copy to your return.
For more information, see the related line in the guide.
Step 1 - Federal non-refundable tax credits
Basic personal amount claim $11,327 1
2
Spouse or common-law partner amount (attach Schedule 5) = 3
Amount for an eligible dependant (attach schedule 5) = 4
5
6
7
on self-employment and other earnings (attach Schedule 8 or Form RC381, whichever applies) 8
on self-employment and other eligible earnings (attach Schedule 13) 10
11
12
13
Public transit amount 14
Children's arts amount 15
Home buyers' amount 16
Adoption expenses 17
Pension income amount (use the federal worksheet) (maximum $2,000) 18
Caregiver amount (attach Schedule 5) 19
20
Disability amount transferred from a dependant (use the federal worksheet) 21
Interest paid on your student loans 22
Your tuition, education, and textbook amounts (attach Schedule 11) 23
Tuition, education, and textbook amounts transferred from a child 24
Amounts transferred from your spouse or common-law partner (attach Schedule 2) 25
Medical expenses for self, spouse or common-law partner, and your
dependent children born in 1998 or later 26
Enter $2,208 or 3% of line 236, whichever is less. 27
Line 26 minus line 27 (if negative, enter "0") 28
29
Add lines 28 and 29. 30
Add lines 1 to 25, and line 30. 31
Federal non-refundable tax credit rate % 32
Multiply line 31 by line 32. 33
Donations and gifts (attach Schedule 9) 34
35
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
145,025 00
Complete the appropriate column depending on
the amount on line 36.
Line 36 is
$44,701 or less
Line 36 is more
than $44,701 but
not more than
$89,401
Line 36 is more
than $89,401 but
not more than
$138,586
Line 36 is more than
$138,586
145,025 00
44,701 00 89,401 00 138,586 00
0 00 6,439 00
x 15 x 22 x 26 x 29
1,867 31
0 00 6,705 00 16,539 00 29,327 00
Add lines 41 and 42. 31,194 31
31,194 31
424
404 31,194 31 31,194 31
350 7,924 28
423
425
426
427
7,924 28 7,924 28
Line 46 minus line 52 (if negative, enter "0") Basic federal tax 429 23,270 03
405
Line 53 minus line 54 (if negative, enter "0") Federal tax 406 23,270 03
409 610 00
Federal political contribution tax credit
(use the federal worksheet) 410 405 00
412
413
Labour-sponsored funds tax credit
Net cost Allowable credit 414
416 405 00 405 00
Line 55 minus line 60 (if negative, enter "0")
If you have an amount on line 45 above, see Form T1206 417 22,865 03
415
418
Add lines 61, 62, and 63.
Enter this amount on line 420 of your return. Net federal tax 420 22,865 03
Page 2 of 2
See the privacy notice on your return.
Protected B when completed
Step 2 - Federal tax on taxable income
Enter your taxable income from line 260 of your return. 36
Enter the amount from line 36. 37
38
Line 37 minus line 38 (cannot be negative) 39
% % % % 40
Multiply line 39 by line 40. 41
42
43
Step 3 - Net federal tax
Enter the amount from line 43 44
Federal tax on split income (from line 5 of Form T1206) 45
Add lines 44 and 45. 46
Enter your total federal non-refundable tax credits from line 35 on the previous page. 47
Family tax cut (attach Schedule 1-A) 48
Federal dividend tax credit 49
Overseas employment tax credit (attach Form T626) 50
Minimum tax carryover (attach Form T691) 51
Add lines 47 to 51. 52
53
Federal foreign tax credit (attach Form T2209) 54
55
Total federal political contributions (attach receipts) 56
(maximum $650) 57
Investment tax credit (attach Form T2038(IND)) 58
59
Add lines 57, 58 and 59. 60
Federal logging tax credit
61
Working income tax benefit advance payments received (box 10 on the RC210 slip) 62
Special taxes (see line 418 in the guide) 63
64
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
T1-2015 Amounts for Spouse or Common-Law Partner
and Dependants
Schedule 5
Line 303 - Spouse or common-law partner amount
11,327 00
5109+
= 11,327 00
- 7,680 00
Line 3 minus line 4 (if negative, enter "0").
Enter this amount on line 303 of your Schedule 1. = 3,647 00
Did your marital status change to other than married or common-law in 2015?
Month/Day
If yes, tick this box 5522 and enter the date of the change.
Base amount 1
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide). 2
Add lines 1 and 2. 3
Spouse's or common-law partner's net income from page 1 of your return 4
5
Line 305 - Amount for an eligible dependant
First and last name: Year of birth Relationship to you
X
Is this dependant physically or
mentally infirm?
Address: Yes No
N/A
11,327 00
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide and read
the note below). 5110+
= 11,327 00
5106-
Line 3 minus line 4 (if negative, enter "0").
Enter this amount on line 305 of your Schedule 1. =
Did your marital status change to married or common-law in 2015?
Month/Day
If yes, tick this box 5529 and enter the date of the change.
Provide the requested information and complete the following calculation for this dependant.
Base amount 1
2
Add lines 1 and 2. 3
Dependant's net income (line 236 of his or her return) 4
5
Note: if you are entitled to the family caregiver amount for this dependant and he or she is a child under
18 years of age, you must claim the family caregiver amount on line 367, and not on this line.
Line 306 – Amount for an infirm dependant aged 18 or older
First and last name: Year of birth Relationship to you
Address:
N/A
-
=
Provide the requested information and complete the following calculation for each dependant.
Base amount 1
Infirm dependant's net income (line 236 of his or her return) 2
Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $6,700) 3
Page 1 of 2
5000-S5
See the privacy notice on your return.
Protected B when completed
See the guide to find out if you can claim an amount on line 303, 305, 306, or 315 of Schedule 1. For each dependant claimed, provide the details requested
below. Attach a copy of this schedule to your return.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Protected B when completed
Amounts for Spouse or Common-Law Partner and Dependants
Line 315 – Caregiver amount
First and last name: Eunice Musician Year of birth Relationship to you
X
Is this dependant physically or
mentally infirm?
Yes No
111 WWW Street, Vancouver
Address: BC V6H3W4
1928 Mother
20,343 00
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide and complete
box 5112 below). + 2,093 00
= 22,436 00
- 9,500 00
Line 3 minus line 4 (if negative, enter "0"). If you are entitled to the family caregiver amount on line 2,
the maximum amount is $6,701. If not, the maximum is $4,608. = 6,701 00
-
= 6,701 00
Base amount 1
2
Add lines 1 and 2. 3
Dependant's net income (line 236 of his or her return) 4
5
If you claimed this dependant on line 305 of Schedule 1, enter the amount you claimed. 6
Allowable amount for this dependant: line 5 minus line 6 (if negative, enter "0"). 7
First and last name: Earl Musician Year of birth Relationship to you
X
Is this dependant physically or
mentally infirm?
Yes No
111 WWW Street, Vancouver
Address: BC V6H3W4
1926 Father
20,343 00
If you are entitled to the family caregiver amount, enter $2,093 (see page 35 in the guide and complete
box 5112 below). +
= 20,343 00
- 7,500 00
Line 3 minus line 4 (if negative, enter "0")If you are entitled to the family caregiver amount on line 2,
the maximum amount is $6,701. If not, the maximum is $4,608. = 4,608 00
-
= 4,608 00
Base amount 1
2
Add lines 1 and 2. 3
Dependant's net income (line 236 of his or her return) 4
5
If you claimed this dependant on line 305 of Schedule 1, enter the amount you claimed. 6
Allowable amount for this dependant: line 5 minus line 6 (if negative, enter "0"). 7
5112 1
Provide the requested information and complete the following calculation for each dependant.
Enter, on line 315 of your Schedule 1, the total amount you are claiming for all dependants.
Enter the total number of dependants for whom you entered $2,093 on line 2 for this calculation.
Page 2 of 2
5000-S5
See the privacy notice on your return.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Donations made to registered charities, registered Canadian amateur athletic associations,
and registered Canadian low-cost housing corporations for the aged 3,000 00
Donations made to government bodies (government of Canada, a province or territory, a registered municipality
in Canada, or a registered municipal or public body performing a function of government in Canada) 329+
333+
334+
Total eligible amount of
Add lines 1 to 4. charitable donations = 3,000 00
145,025 00 108,768 75
Gifts of depreciable property
(from Chart 2 in Pamphlet P113, Gifts and Income Tax) 337
Gifts of capital property
(from Chart 1 in Pamphlet P113, Gifts and Income Tax) 339+
= +
Enter the total of lines 6 and 9 or the amount on line 236
of your return, whichever is less. Total donations limit = 108,768 75
Allowable charitable donations and government gifts
(enter the amount from line 5 or line 10, whichever is less) 340 3,000 00
Eligible amount of cultural and ecological gifts
(see line 349 in the guide) 342+
344= 3,000 00
345- 200 00 346 30 00
347= 2,800 00 348+ 812 00
343= 341+
Add lines 11, 12, and 13.
Enter this amount on line 349 of Schedule 1. Donations and gifts = 842 00
Page 1 of 1
See the privacy notice on your return.
Protected B when completed
T1-2015 Donations and Gifts Schedule 9
For more information, see Line 349 in the guide and read Pamphlet P113, Gifts and Income Tax.
Attach a copy of this schedule to your return. Remember, you may have charitable donations shown on your T4 and T4A slips.
1
2
Donations made to registered universities outside Canada that are prescribed 3
Donations made to the United Nations, its agencies, and certain registered foreign charitable organizations 4
5
Enter your net income from line 236 of your return. x 75% = 6
Note: If the amount on line 5 is less than the amount on line 6, enter the amount from line 5 on line 340 below, and
continue completing the schedule from that line.
7
8
Add lines 7 and 8. x 25% = 9
10
Add lines 340 and 342.
Enter $200 or the amount from line 344, whichever is less. x 15% = 11
Line 344 minus line 345 x 29% = 12
First-time donor super credit (FDSC)
For the purpose of the FDSC, you will be considered a "first-time donor" if neither you nor your spouse or common-law partner has claimed and been allowed
a charitable donations tax credit for any year after 2007.
Only gifts of money made after March 20, 2013, to a maximum of $1,000, are eligible for the FDSC.
Note: If you have a spouse or common-law partner, you can share the claim for the FDSC, but the total combined donations claimed cannot be more
than $1,000.
Enter the amount of gifts of money *
made after March 20, 2013 (Maximum $1,000) x 25% = 13
14
* The amount claimed at line 343 must also be claimed at line 340 by you or your spouse or common-law partner (if you have one). Also note that if
the donations are shared, the combined amount at line 343 for you and your spouse or common-law partner cannot exceed the combined amount
claimed at line 340 by both of you.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Charitable donations Donations
Charitable donations details
Name of organization Amount paid
Planned Parenthood Of Canada 3,000 00
Reported on slips Claim: Own slips
Total current year donations 3,000 00
Donations to U.S. organizations
Name of organization Amount paid
Total current year donations <NIL>
Other gifts
Charitable donations summary
3,000 00
+ +
= = 3,000 00 3,000 00
145,025 00
= = 108,768 75
+ +
= =
+ +
= = 108,768 75
-
= = 108,768 75 108,768 75
3,000 00 3,000 00
Charitable donation carryforward - Canadian
Year Beginning balance Claimed in 2015 Ending balance
2010
2011
2012
2013
2014
2015
Totals
Cultural and ecological gifts (pre-February 11, 2014) carryforward
Year Beginning balance Claimed in 2015 Ending balance
2010
2011
2012
2013
2014
2015
Totals
Page 1 of 2
Donations made to government entities
Donations made to prescribed universities outside Canada.
Donations made to the United Nations, its agencies, and
certain charitable organizations outside Canada.
Donations made to a registered museum or cultural organization.
U.S. Canadian Total
Total current year donations
Other gifts
Unclaimed donations from 2011 - 2014
Unclaimed donations from 2010
Total charitable donations A
Net income B
75% of line B C
Gifts of depreciable property D
Taxable capital gains minus capital gains deduction
on gifts of capital property E
Add lines D and E F
25% of line F G
Add lines C and G H
Allowable U.S. donations I
Total donations limit J
Allowable charitable donations
(least of lines A, J or amount required to
reduce federal tax to zero)
Charitable donations available for carryforward
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Charitable donations Donations
Ecological gifts (post-February 10, 2014) carryforward
Year Beginning balance Claimed in 2015 Ending balance
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Totals
Page 2 of 2
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Provincial Worksheet 2015
T1 General
4,457 00
145,025 00
33,174 00
111,851 00
15 00
16,777 65 16,777 65
11,275 00
Date of birth Relationship to you Net income in
2015 Nature of infirmity Amount of claim
Last Name
First Name N/A
Total amount for all dependants.
19,066 00
9,500 00
4,349 00
4,349 00
Date of birth Relationship to you Net income in
2015
Nature of infirmity
(if it applies) Amount of claim
Musician
Eunice
Last Name
First Name 1928-04-10 Mother 9,500.00 blind 4,349 00
Musician
Earl
Last Name
First Name 1926-11-16 Father 7,500.00 4,349 00
Total amount for all dependants. 8,698 00
Page 1 of 3
Protected B when completed
Use this worksheet to do some of the calculations you may need to complete Form BC428, British Columbia Tax.
You can find more information about completing these calculations in the forms book.
Keep this worksheet for your records. Do not attach it to the return you send us.
Line 5808 – Age amount
Maximum amount 1
Your net income from line 236 of your return 2
Base amount 3
Line 2 minus line 3 (if negative, enter "0") 4
Applicable rate % 5
Multiply line 4 by line 5. 6
Line 1 minus line 6 (if negative, enter "0"). Enter this amount on line 5808 of Form BC428. 7
Line 5820 – Amount for infirm dependants age 18 or older
Base amount 1
Dependant’s net income (line 236 of his or her return) 2
Line 1 minus line 2 (maximum $4,348) 3
If you claimed this dependant on line 5816, enter the amount claimed. 4
Allowable amount for this dependant: Line 3 minus line 4 (if negative, enter "0") 5
Complete this calculation for each dependant.
Enter, on line 5820 of Form BC428, the total amount claimed for all dependants.
Line 5833 – Adoption expenses
Total adoption expenses (maximum : $15,255 per child) 1
Amount claimed by the other adoptive parent, % 2
Subtract line 2 from line 1.
Carry the result to line 5833 of Form BC428 3
Line 5840 – Caregiver amount
Base amount 1
Dependant’s net income (line 236 of his or her return) 2
Line 1 minus line 2 (if negative, enter "0") (maximum $4,349) 3
If you claimed this dependant on line 5816, enter the amount claimed. 4
Allowable amount for this dependant: Line 3 minus line 4 (if negative, enter "0") 5
Complete this calculation for each dependant.
Enter, on line 5840 of Form BC428, the total amount claimed for all dependants.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
X
2,525 00
Disability amount transferred from a dependant
___ ___ ___
Eunice
Musician
1928-04-10
7,454.00
7,454.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Disability transfer
7,454.00
9,500.00
9,938.00
4,457.00
0.00
Disability amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 5812 to 5840
Adjusted taxable income B
Tuition and education transfer from dependant
___ ___ ___
Sarah
Musician
1995-09-02
5,000.00
5,000.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
5,000.00
0.00
9,938.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 5812 to 5848
Unused tuition and education from 2014
Adjusted taxable income B
527 000 285
Richard
Musician
1998-03-15
3,800.00
3,800.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
3,800.00
2,800.00
9,938.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 5812 to 5848
Unused tuition and education from 2014
Adjusted taxable income B
Name of dependant
A
Amount of
medical
expenses
B
Net income
C
The lesser of $2,066
or 3% of net income
D
Col. A minus
col. C
Earl Musician 1,050.00 7,500.00 225.00 825.00
Sarah Musician 300.00 300.00
Total 1,125.00
10.00
2.59
10.00
Add lines 3 and 5.
Enter this amount on line 6152 of Form BC428
Line 6152 - British Columbia dividend tax credit
Calculate the amount to enter on line 6152 of Form BC428 by completing one of the two following calculations:
If you have an amount on line 120 but no amount on line 180 of your return, complete the following:
Line 120 of your return x % =
Enter this amount on line 6152 of Form BC428
If you have amounts on line 180 and 120 of your return, complete the following:
Line 120 of your return 1
Line 180 of your return 2 x % = 3
Line 1 minus line 2 (if negative, enter "0") 4 x % = 5
6
Page 2 of 3
Protected B when completed
Line 5843 - Education coaching amount
Do you wish to claim this credit? Yes No
Education coaching amount
Line 5844 – Disability amount (for self)
(supplement calculation if you were under 18 years of age on December 31, 2015)
Maximum supplement 1
Total child care and attendant care expenses for you,
claimed by you or by another person 2
Base amount 3
Line 2 minus line 3 (if negative, enter "0") 4
Line 1 minus line 4 (if negative, enter "0") 5
Enter, on line 5844 of Form BC428,$7,454 plus the amount on line 5 (maximum claim $11,803), unless you are
completing this chart to calculate the amount at line 5848.
Line 5848 and 5860 – Transfer from dependants
Line 5872 – Allowable amount of medical expenses for other dependants
Enter, on line 5872 of Form BC428, the total amount claimed for all other dependants.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
11,714 73
23,270 03
Line 48 – British Columbia overseas employment tax credit
Calculate your British Columbia overseas employment tax credit by completing the following calculation, and
enter the amount from line 1 on line 48 of Form BC428.
British Columbia tax before the Federal overseas
overseas employment tax credit * X employment tax credit*** = 1
Federal tax before the overseas
employment tax credit **
* Amount from line 43 of Form BC428, less the total of the amounts from lines 46 and 47 of that form
** Amount from line 43 of federal Schedule 1, less the total of the amounts from lines 350 and 425 of that schedule
*** Amount from line 426 of federal Schedule 1
100 00 550 00
75.00 50.00 33.33
75 00 300 00
Add lines 5 and 6.
Enter the result on line 68 of Form BC428.
Line 68 – British Columbia political contribution tax credit
If your total political contributions (line 67 from Form BC428) were more than $1,150, enter $500 on line 68 of Form BC428.
Otherwise, complete the appropriate column depending on the If line 67 is more If line 67 is more
amount on line 67. If line 67 is than $100 but not than $550
$100 or less more than $550
Enter your total contributions. 1
2
Line 1 minus line 2 (cannot be negative) 3
% % % 4
Multiply line 3 by line 4. 5
6
7
Page 3 of 3
Protected B when completed
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
British Columbia Tax BC428
T1 General - 2015
For internal use only 5609
5804 9,938 00
5808
9,360 00
Minus: his or her net income
from page 1 of your return 7,680 00
1,680 00 5812 1,680 00
9,360 00
Minus: his or her net income
from line 236 of his or her return
5816
5820
CPP or QPP contributions:
(amount from line 308 of your federal Schedule 1) 5824
5828
Employment Insurance premiums:
(amount from line 312 of your federal Schedule 1) 5832 310 20
5829
5833
5838
5842
5841
5843
5836
5840 8,698 00
Disability amount (for self)
(Claim $7,454 or, if you were under 18 years of age, use the Provincial Worksheet) 5844
5848 7,454 00
5852
5856
5860 8,800 00
5864
5868 2,800 00
2,066 00
734 00
5872 1,125 00
5876 1,859 00 1,859 00
5880 38,739 20 38,739 20
x 5.06
5884 1,960 20
Amount from line 345 of your federal Schedule 9 200 00 x 5.06 % 10 12
Amount from line 347 of your federal Schedule 9 2,800 00 x 14.70 % 411 60
5896 421 72 421 72
Add lines 30 and 33.
Enter this amount on line 46. British Columbia non-refundable tax credits 6150 2,381 92
Page 1 of 3
Protected B when completed
Complete this form and attach a copy to your return. For more information, see the related line in the forms book.
Step 1 – British Columbia non-refundable tax credits
Basic personal amount claim $9,938 1
Age amount (if born in 1950 or earlier) (use the Provincial Worksheet) (maximum $4,457) 2
Spouse or common-law partner amount
Base amount
Result: (if negative, enter "0") (maximum $8,509) 3
Amount for an eligible dependant
Base amount
Result: (if negative, enter "0") (maximum $8,509) 4
Amount for infirm dependants age 18 or older (use the Provincial Worksheet) 5
6
(amount from line 310 of your federal Schedule 1) 7
8
(amount from line 317 of your federal Schedule 1) 9
Adoption expenses (amount from line 313 of your federal Schedule 1) 10
Children's fitness amount 11
Children's fitness equipment amount (50% of amount from line 5838) 12
Children's arts amount 13
Education coaching amount (maximum $500) 14
Pension income amount (maximum $1,000) 15
Caregiver amount (use the Provincial Worksheet)) 16
17
Disability amount transferred from a dependant (use the Provincial Worksheet) 18
Interest paid on your student loans (amount from line 319 of your federal Schedule 1) 19
Your tuition and education amounts [use and attach Schedule BC(S11)] 20
Tuition and education amounts transferred from a child 21
Amounts transferred from your spouse or common-law partner [attach Schedule BC(S2)] 22
Medical expenses:
Amount from line 330 of your federal Schedule 1 23
Enter $2,066 or 3% of net income from line 236 of your
return, whichever is less. 24
Line 23 minus line 24 (if negative, enter "0") 25
Allowable amount of medical expenses for other dependants
(use the Provincial Worksheet) 26
Add lines 25 and 26. 27
Add lines 1 through 22, and line 27. 28
British Columbia non-refundable tax credit rate % 29
Multiply line 28 by line 29. 30
Donations and gifts:
= 31
= 32
Add lines 31 and 32. 33
34
Go to Step 2
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
145,025 00
Complete the appropriate
column depending on the
amount on line 35. Line 35 is $37,869
or less
Line 35 is more
than $37,869, but
not more than
$75,740
Line 35 is more
than $75,740, but
not more than
$86,958
Line 35 is more
than $86,958, but
not more than
$105,592
Line 35 is more
than $105,592, but
not more than
$151,050
Line 35 is more
than $151,050
145,025 00
0 00 37,869 00 75,740 00 86,958 00 105,592 00 151,050 00
39,433 00
x 5.06 x 7.70 x 10.50 x 12.29 x 14.70 x 16.80
5,796 65
0 00 1,916 00 4,832 00 6,010 00 8,300 00 14,982 00
Add lines 40 and 41.
British Columbia tax
on taxable income 14,096 65
14,096 65
6151
14,096 65
2,381 92
British Columbia dividend tax credit:
Credit calculated for line 6152 on the Provincial Worksheet 6152
British Columbia overseas employment tax credit:
Amount calculated for line 48 on the Provincial Worksheet 6153
British Columbia minimum tax carry-over:
Amount from line 427 of federal Schedule 1 33.70 6154
2,381 92 2,381 92
11,714 73
British Columbia additional tax for minimum tax purposes
Amount from line 117 on Form T691 33.70
11,714 73
11,714 73
432 00
145,025 00
19,000 00
126,025 00
3.50
4,410 88 4,410 88
11,714 73
11,714 73
Page 2 of 3
Protected B when completed
Step 2 - British Columbia tax on taxable income
Enter your taxable income from line 260 of your return. 35
Enter the amount from line 35
in the applicable column. 36
Line 36 minus line 37 37
(cannot be negative) 38
% % % % % % 39
Multiply line 38 by line 39. 40
41
42
Step 3 – British Columbia tax
Enter your British Columbia tax on taxable income from line 42. 43
Enter your British Columbia tax on split income from Form T1206. 44
Add lines 43 and 44. 45
Enter your British Columbia non-refundable tax credits from line 34. 46
47
= 48
x % = 49
Add lines 46 through 49. 50
Line 45 minus line 50 (if negative, enter "0") 51
x % = 52
Add lines 51 and 52. 53
Enter the provincial foreign tax credit from Form T2036 54
Line 53 minus line 54 (if negative, enter "0") 55
BC tax reduction
If your net income (line 236 of your return) is less than $31,342, complete the following calculation.
Otherwise, enter "0" on line 62 and continue on line 63.
Basic reduction Claim $432 56
Enter your net income from line 236 of your return. 57
Base amount 58
Line 57 minus line 58 (if negative, enter "0") 59
Applicable rate % 60
Multiply line 59 by line 60. 61
Line 56 minus line 61 (if negative, enter "0") 62
Line 55 minus line 62 (if negative, enter "0") 63
Logging tax credit from Form FIN 542S or Form FIN 542P 64
Line 63 minus line 64 (if negative, enter "0") 65
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
11,714 73
6040
11,714 73
6045
6047
11,714 73
6881
Line 73 minus line 74 (if negative, enter "0").
Enter this amount on line 428 of your return. British Columbia tax 11,714 73
Page 3 of 3
See the privacy notice on your return.
Protected B when completed
Step 3 – British Columbia tax (continued)
Enter the amount from line 65 on the previous page. 66
British Columbia political contribution tax credit
Enter British Columbia political contributions made in 2015. 67
Credit calculated for line 68
on the Provincial Worksheet (maximum $500) 68
Line 66 minus line 68 (if negative, enter "0") 69
British Columbia employee investment tax credits
Enter your employee share ownership plan tax credit from Certificate ESOP 20. 70
Enter your employee venture capital tax credit from Certificate EVCC 30. 71
Add lines 70 and 71. (maximum $2,000) 72
Line 69 minus line 71 (if negative, enter "0") 73
British Columbia mining flow-through share tax credit
Enter the tax credit amount calculated on Form T1231. 74
75
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Canada Revenue Agence du revenu
Agency du Canada Statement of
Business or Professional Activities
Protected B
when completed
Your name Musician, Buddy-Chapter 11 Problem Your social insurance number 527 000 061
Buddy Musician
Business Name
_____ ____ RT ____
Account Number
(15 characters)
111 WWW Street
Vancouver BC V6H 3W4
Business address
Number Street, P.O. Box Apartment or suite
City Province or territory Postal code
2015-01-01 2015-12-31 Calendar Year
Fiscal Period
From: Year/Month/Day Year/Month/Day
to:
Was 2015 your last year of business? Yes No X
composing
Main product or service Industry code 711130
(see the appendix in Guide T4002)
TS______
Tax shelter identification number
_________
Partnership Business Number
(9 digits)
100.0000
Your percentage of
the partnership
%
Name and address of person or firm preparing this form
Internet business activities
http://
How many Internet webpages and websites does your business earn income from? Enter "0" if none.
Provide the main webpage or site address(es) (also known as URL address(es)):
Percentage of your gross income generated from the webpages and websites.
(If no gross income was generated from the Internet, enter "0") %
Page 1 of 4
T2125 E (15)
Identification
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08 Buddy Musician
Protected B when completed
Part 1 – Business income
2. If you have business income, tick this box and complete this part. Do not complete parts 1 and 2 on the same form.
Gross sales, commissions, or fees (including GST/HST collected or collectible) A
Minus any GST/HST, provincial sales tax, returns, allowances, discounts, and GST/HST adjustments (included on line A above) (i)
Subtotal (amount A minus amount (i)) B
(For those using the quick method) Government assistance calculated as follows:
GST/HST collected or collectible on sales, commissions and fees eligible for the
quick method (ii)
GST/HST remitted, calculated on (sales, commissions and fees eligible
for the quick method plus GST/HST collected or collectible) multiplied by quick
method remittance rate (iii)
Subtotal (amount (ii) minus amount (iii)) (iv)
Adjusted gross sales (amount B plus amount (iv)) - Enter this amount on line 8000 in Part 3 below C
Part 2 – Professional income
X
78,000 00
78,000 00
78,000 00
3. If you have professional income, tick this box and complete this part. Do not complete parts 1 and 2 on the same form.
Gross professional fees including work-in-progress (WIP) (including GST/HST collected or collectible) D
Minus any GST/HST, provincial sales tax, returns, allowances, discounts, and GST/HST adjustments (included on
line D above) and any WIP at the end of the year you elected to exclude (see Chapter 2 of Guide T4002) (i)
Subtotal (amount D minus amount (i)) E
(For those using the quick method) Government assistance calculated as follows:
GST/HST collected or collectible on professional fees eligible for the quick method (ii)
GST/HST remitted, calculated on (professional fees eligible for the quick method
plus GST/HST collected or collectible) multiplied by the applicable quick method remittance rate (iii)
Subtotal (amount (ii) minus amount (iii)) (iv)
Work-in-progress (WIP), start of the year, per election to exclude WIP (see Chapter 2 of Guide T4002) (v)
Adjusted professional fees (Amount E plus Amount (iv) and (v)) - Enter this amount on line 8000 in Part 3 below F
Part 3 – Gross business or professional income
8000 78,000 00
8290
8230
8299 78,000 00
Adjusted gross sales (from amount C in Part 1) or adjusted professional fees (from amount F in Part 2) G
Plus
Reserves deducted last year
Other income
Total of the above lines H
Gross business or professional income (amount G plus amount H)
Enter this amount on the appropriate line of your income tax and benefit return: business on line 162, professional on line 164, or commission on line 166
Part 4 – Cost of goods sold and gross profit
8300
8320
8340
8360
8450
8500
8518
8519
If you have business income, complete this part. Enter only the business part of the costs.
Gross business income from line 8299 in Part 3 above I
Opening inventory (include raw materials, goods in process, and finished goods)
Purchases during the year (net of returns, allowances, and discounts)
Direct wage costs
Subcontracts
Other costs
Total of the above five lines
Minus
Closing inventory (include raw materials, goods in process, and finished goods)
Cost of goods sold J
Gross profit (amount I minus amount J)
T2125 E (15) Page 2 of 4
If GST/HST has been remitted and/or an input tax credit has been claimed, do not include GST/HST when you calculate of cost of goods sold,
expenses or net income (loss) in parts 4 to 6.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08 Buddy Musician
Protected B when completed
Part 5 – Net income (loss) before adjustments
78,000 00
8521
8523
8590
8690
8710
8760
8810
8811
8860
8871
8910 1,400 00
8960
9060
9180
9200
9220
9224
9275
9281
9935
9936 775 00
= 9270
9368 2,175 00 2,175 00
9369 75,825 00
Gross profit from line 8519 in Part 4 above, or gross income from line 8299 in Part 3 K
Expenses (enter only the business part)
Advertising
Meals and entertainment (allowable part only)
Bad debts
Insurance
Interest
Business tax, fees, licences, dues, memberships, and subscriptions
Office expenses
Supplies
Legal, accounting, and other professional fees
Management and administration fees
Rent
Maintenance and repairs
Salaries, wages, and benefits (including employer's contributions)
Property taxes
Travel (including transportation fees, accomodations, and allowable part of meals)
Telephone and utilities
Fuel costs (except for motor vehicles)
Delivery, freight, and express
Motor vehicle expenses (not including CCA) (see Chart A)
Allowance on eligible capital property
Capital cost allowance (from Area A)
Other expenses
Total business expenses L
Net income (loss) before adjustments (amount K minus amount L)
Part 6 – Your net Income (loss)
75,825 00
9974
75,825 00 75,825 00
9943
75,825 00
9945
9946 75,825 00
Your share of the amount on line 9369 in Part 5 or the amount from slip T5013 M
Plus : GST/HST rebate for partners received in the year (see Chapter 3 of Guide T4002) N
Total (amount M plus amount N) O
Minus - Other amounts deductible from your share of net partnership income (loss)
(from the chart in Part 7 below) P
Net income (loss) after adjustments (amount O minus amount P) Q
Minus - Business-use-of-home expenses (your share of amount 3 in part 8) R
Your net income (loss) (amount Q minus amount R)
Enter this amount on the appropriate line of your income tax and benefit return: business on line 135, professional on line 137, or commission on line 139
T2125 E (15) Page 3 of 4
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08 Buddy Musician
Protected B when completed
Part 7 – Other amounts deductible from your share of net partnership income (loss )
Other amounts deductible from your share of the partnership
(total of the above amounts) Enter this amount on line 9943, in Part 6 above.
Claim expenses you incurred that were not included in the partnership statement of income and expenses, and for which
the partnership did not reimburse you.
Part 8 – Calculation of business-use-of-home expenses
75,825 00
Heat
Electricity
Insurance
Maintenance
Mortgage interest
Property taxes
Subtotal
Minus - Personal-use part
Subtotal
Plus - Amount carried forward from previous year
Subtotal 1
Minus - Net income (loss) after adjustments (from amount Q in Part 6) (If negative, enter "0") 2
Business-use-of-home expenses available to carry forward (amount 1 minus amount 2) (If negative, enter "0")
Allowable claim (the lesser of amounts 1 or 2 above) (Enter this amount on amount 9945 in Part 6) 3
Details of other partners
Partner's first name Last name
% of partnership %
Address: $ share
Partner's first name Last name
% of partnership %
Address: $ share
Partner's first name Last name
% of partnership %
Address: $ share
Partner's first name Last name
% of partnership %
Address: $ share
Partner's first name Last name
% of partnership %
Address: $ share
Details of equity
9931
9932
9933
Total business liabilities
Drawings in 2015
Capital contributions in 2015
Page 4 of 4
See the privacy notice on your return.
T2125 E (15)
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08 Buddy Musician
Protected B when completed
Area A - Calculation of capital cost allowance (CCA) claim
1
Class
2
Undepreciated
capital cost
(UCC) at the
start of year
3
Cost of additions
in the year
(Areas B and C)
4
Proceeds of
dispositions in
the year (Areas
D and E)
5 *
UCC after
additions and
dispositions
(col 2 + 3 - 4)
6
Adjustment for
current-year
additions (1/2
x (col 3 - 4))
7
Base amount for
CCA
(col 5 - 6)
8
Rate
%
9
CCA
for the year
(col 7 x 8
or an adjusted
amount)
10
UCC at the end
of the year
(col 5 - 9)
8 7,750.00 7,750.00 3,875.00 3,875.00 20 775.00 6,975.00
Total CCA claim for the year (enter this amount, minus any personal part and any
CCA for business-use-of-home expenses, on line 9936 in Part 5**)
775.00
Area B - Details of equipment additions in the year
1
Class
number
2
Property details
3
Total cost
4
Personal part
(if applicable)
5
Business part
(col 3 - col 4)
8 Roland piano 7,750.00 7,750.00
Total equipment additions in the year 9925 7,750.00
Area C - Details of building additions in the year
1
Class
number
2
Property details
3
Total cost
4
Personal part
(if applicable)
5
Business part
(col 3 - col 4)
Total building additions in the year 9927
Area D - Details of equipment dispositions in the year
1
Class
number
2
Property details
3
Proceeds of
disposition
4
Personal part
(if applicable)
5
Business part
(col 3 - col 4)
Total equipment dispositions in the year 9926
Area E - Details of building dispositions in the year
1
Class
number
2
Property details
3
Proceeds of
disposition
4
Personal part
(if applicable)
5
Business part
(col 3 - col 4)
Total building dispositions in the year 9928
Area F - Details of land additions and dispositions in the year
9923
9924
Total cost of all land additions in the year
Total proceeds from all land dispositions in the year
Note: You cannot claim capital cost allowance on land.
See the privacy notice on your return. Page 1 of 1
* If you have a negative amount in this column, add it to income as a recapture on line 8230, "Other income", in Part 3. If no property is left in the class and
there is a positive amount in the column, deduct the amount from income as a terminal loss on line 9270, "Other expenses", in Part 5. Recapture and terminal
loss do not apply to a Class 10.1 property. For more information, see Chapter 4 of Guide T4002.
** For information on CCA for "Calculation of business-use-of-home expenses", see "Special Situations" in Chapter 4 of Guide T4002.
Note: If you disposed of property from your business in the year, see Chapter 4 of Guide T4002, for information about your proceeds of disposition.
Note: If you disposed of property from your business in the year, see Chapter 4 of Guide T4002, for information about your proceeds of disposition.
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Medical expenses Medical
Medical expenses - line 330
2015-01-01 2015-12-31
Payment date Name of patient Payment made to Description
of expense
* Subject to
limitation? Amount Claim
2015-12-02 Buddy-Chapter 11 Problem Canada Wide Dental Clinic Dental services No 1,200 00 1,200 00
2015-12-02 Natasha Musician Canada Wide Dental Clinic Dental services No 700 00 700 00
2015-12-02 Linda Musician Canada Wide Dental Clinic Dental services No 100 00 100 00
2015-12-02 Richard Musician Canada Wide Dental Clinic Dental services No 800 00 800 00
No
Medical expenses subtotal 2,800 00
Yes
2,800 00
Taxpayer Spouse
Premiums paid to private health service plans
Employee/Recipient-paid premiums for private health services plan
Québec prescription Drug Insurance Plan - 2014
Nova Scotia Seniors' Pharmacare Program
Total medical expenses - line 330
Page 1 of 2
Period covered by claim: from to
Are you claiming medical expenses?
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Medical expenses Medical
Allowable amount of medical expenses for other dependants - line 331
Name of other dependant Earl Musician Net income 7,500 00
Payment date Payment made to Description of expense * Subject to
limitation? Amount Claim
2015-12-02 Canada Wide Dental Clinic Dental fees No 1,050 00 1,050 00
No
Total medical expenses 1,050 00
Yes
225 00
825 00
Minus: 3% of line 236 of Earl Musician's return (maximum $2,208)
Allowable amount of medical expenses
Name of other dependant Sarah Musician Net income
Payment date Payment made to Description of expense * Subject to
limitation? Amount Claim
2015-12-02 Canada Wide Dental Clinic Dental fees No 300 00 300 00
No
Total medical expenses 300 00
Yes
300 00
Minus : 3% of line 236 of Sarah Musician's return (maximum $2,208)
Allowable amount of medical expenses
Name of other dependant Net income
Payment date Payment made to Description of expense * Subject to
limitation? Amount Claim
No
Total medical expenses
Yes
Minus : 3% of line 236 of 's return (maximum $2,208)
Allowable amount of medical expenses
Medical expense summary
330 2,800 00
2,208 00
592 00
331 1,125 00
332 1,717 00
1,717 00
Medical expenses
Minus : 3% of line 236 of your return (maximum $2,208)
Subtotal
Plus medical expenses for other dependants
Allowable amount of medical expenses
Total medical expenses
Page 2 of 2
Are you claiming medical expenses for this dependant?
Are you claiming medical expenses for this dependant?
Are you claiming medical expenses for this dependant?
* Limitation:
(1) Yes - Attendant care/Nursing Home (not claiming disability);
(2) Yes - Attendant care/Nursing Home (and claiming disability);
(3) Yes - Van adapted for transportation of patient requiring use of a wheelchair;
(4) Yes- Moving expenses for a patient's move to a more accessible dwelling
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
OtherCredits Other credits
Age amount - line 301
7,033 00
145,025 00
35,466 00
109,559 00
16,433 85
Volunteer firefighters’ amount – line 362
X
Public transit passes amount - line 364
Home buyers' amount - line 369
X
Search and rescue volunteers’ amount – line 395
X
Federal political contribution tax credit - lines 409/410
610 00
610 00
300 00
105 00
405 00
Total income tax deducted - line 437
500 00
15,600 00
T4 slips
T4A slips
T4A (OAS) slip
T4A (P) slip
T4A (RCA) slip
T4E slip
T4RIF slips
T4RSP slips
T5013 slips
T1032 line P - Pension Transferee
Québec tax deducted (if not filing Québec return)
16,100 00
16,100 00
Tax paid by instalments - line 476
Page 1 of 2
Maximum claim 1
Your net income from line 236 of your return 2
Base amount 3
Line 2 minus line 3 (if negative, enter "0") 4
Multiply line 4 by 15% 5
Line 1 minus line 5 (if negative, enter "0"). Enter this amount on line 301 of Schedule 1. 6
Do you wish to claim this credit? Yes No
Volunteer firefighters’ amount
Amounts for public transit passes from your T4 slips 1
Amounts for public transit passes from your spouse or common law partner's T4 slips 2
Amounts for public transit passes not included on your or your spouse or
common-law partner's T4 3
Amounts for public transit passes from your dependant children (under age 19) 4
Total of lines 1, 2, 3 and 4 5
Amount claimed by your spouse or common-law partner % 6
Enter this amount on line 364 of Schedule 1 7
Do you qualify for the home buyers' amount? Yes No
Home buyers' credit
Amount claimed by another individual
Home buyers' amount
Do you wish to claim this credit? Yes No
Search and rescue volunteers’ amount
Federal political contributions from T5013 1
Other federal political contributions 2
Total of lines 1 and 2 (Enter on line 409 of your return) 3
Available credit:
75% of the first $400 4
50% of the next $350 5
33.33% of contributions over $750 6
Available credit to a maximum of $650 7
Enter this amount on line 410 of Schedule 1.
Subtotal
Less: T1032 line P - Pensioner
Total
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Payment date Description Amount
2015-03-15 Instalment 1,000 00
2015-06-15 Instalment 1,000 00
2015-09-15 Instalment 1,000 00
2015-12-15 Instalment 1,000 00
Total tax paid by instalments 4,000 00
Page 2 of 2
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
RRSP deduction limit RRSPLimit
2016 RRSP deduction limit
87,525 15,754
15,754
15,754
15,754
15,754
2015 earned income from line 23 below x 18% A
Lesser of A or $25,370
Less: 2015 pension adjustment
2016 past service pension adjustment
Plus: 2016 pension adjustment reversal from T10 slip
Subtotal
2015 RRSP deduction limit
Less: 2015 RRSP and SPP deduction
Contributions to foreign retirement plan (RC267/RC268/RC269)
Unused RRSP deduction room
2016 RRSP deduction limit
Less: RRSP contributions you made but did not deduct on your 2015 return
Additional RRSP contributions you can make and deduct on your 2016 return
2015 earned income
16,500
+
= -
= 16,500 16,500
+ 75,825
+++++++++
= 92,325
++++
4,800
+
= 4,800
+=
87,525
The line numbers in brackets below refer to the numbers on your 2015 return where you reported your income.
Employment earnings (lines 101 and 104) 1
Annual union, professional, or like dues (line 212) that relate to your
employment earnings 2
Employment expenses (line 229) that relate to your employment
earnings 3
Add lines 2 and 3 4
Line 1 minus line 4 (if negative, enter '0') 5
Net income from a business you carried on alone or as an active partner (lines 135 to 143) 6
Disability payments you received from the Canada or Quebec Pension Plan (line 152) 7
Royalties for a work or invention of which you were the author or inventor (line 104) 8
Net rental income from real property (line 126) 9
Support payments that you include in income for the year (line 128) 10
Net research grants you received (line 104) 11
Employee profit-sharing plan allocation (line 104) 12
Unemployment benefit plan payments (line 104) 13
Income contributed to an amateur athlete trust in 2015 14
Other income 15
Add lines 5 to 15 16
Current-year loss from a business you carried on alone or as an active partner (lines 135 to 143) 17
Amount included at line 6 above that represents the taxable portion of gains on the disposition of eligible capital property 18
Current-year rental loss from real property (line 126) 19
Support payments that you deduct for the year (line 220) 20
Other deductions 21
Add lines 17 to 21 22
Earned income - Pre-bankruptcy 23
2015 earned income (line 16 minus line 22 plus line 23) 24
Page 1 of 1
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Social benefits repayment Repay
Line 235 - Social benefits repayment
6,786 90
Social benefits repayment. Enter this amount on lines 235 and 422 of your return. 6,786 90
EI benefits repayment from line 14 in Chart 1 1
OAS and net federal supplements repayment from line 18 in Chart 2 2
3
Chart 1 - Employment Insurance (EI) benefits repayment
151,811 90
151,811 90
151,811 90
61,875 00
89,936 90 89,936 90
EI benefits repayment:
Multiply the amount on line 13 by 30%
Enter the amount from box 15 if the
repayment rate in box 7 is 30% 1
Enter the amount from box 30 2
Line 1 minus line 2 (if negative, enter "0") 3
Enter the amount from line 234 of your return 4
Universal Child Care Benefit repayment (from line 213 of your return) 5
RDSP income repayment (included in the amount at line 232 of your return) 6
Add lines 4, 5 and 6 7
Universal Child Care Benefit (UCCB) (from line 117 of your return) 8
Registered disability savings plan (RDSP) income (line 125 of your return) 9
Line 7 minus lines 8 and 9 (if negative enter 0) 10
Minus: base amount 11
Line 10 minus line 11 (if negative, enter "0") 12
Enter the amount from line 3 or 12, whichever is less 13
14
Chart 2 - Old Age Security (OAS) and net federal supplement repayment
6,786 90
6,786 90
6,786 90
151,811 90
151,811 90
151,811 90
72,809 00
79,002 90
11,850 44
6,786 90
Amount from line 113 of your return 1
Amount from line 146 or your return 2
Add lines 1 and 2. 3
Overpayment of Old Age Security benefits recovered (box 20 of your T4A(OAS) slip) 4
Line 3 minus line 4 (if negative, enter "0") 5
Amount from line 234 of your return 6
EI benefits repayment from line 14 in chart 1 7
Universal Child Care Benefit (UCCB) (line 117 of your return) 8
Registered disability savings plan (RDSP) income (line 125 of your return) 9
Add lines 7, 8 and 9 10
Line 6 minus line 10 11
Universal Child Care Benefit repayment (line 213 of your return) 12
RDSP income repayment (included in the amount at line 232 of your return) 13
Add lines 11, 12 and 13. 14
Base amount 15
Line 14 minus line 15 (if negative, enter "0") 16
Multiply the amount on line 16 by 15% 17
OAS and net federal supplements repayment: Enter line 5 or line 17, whichever is less 18
Other payments deduction
Other payments from line 147 of your return 1
Less: Net federal supplements repaid 2
Other payments deduction (Enter this amount on line 250 of your return) 3
Page 1 of 1
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Support payments Support
Description Amount received Taxable amount Exempt under a tax
treaty?
No
Totals (lines 156 and 128 of your return)
First name of recipient Last name SIN Amount paid Allowable deduction
Lori Musician 527 000 319 4,800.00 4,800.00
Dolly Nurse 527 000 582 4,200.00
___ ___ ___
Totals (lines 230 and 220 of your return) 9,000.00 4,800.00
Page 1 of 1
Support payments received
Support payments made
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Dependant Dependant information
Dependant #1 Dependant #2 Dependant #3
Social Insurance Number ___ ___ ___ ___ ___ ___ ___ ___ ___
First name Linda Larry Donna
Last name Musician Musician Musician
Relationship Daughter Son Daughter
Birthdate 2010-04-01 2011-04-01 2012-04-01
Net income
Claim as eligible dependant? No No No
Dependant claiming GST credit? No No No
Dependant claiming PST
credit (ON, MB)?
No No No
Did dependant live with you in 2015? Yes Yes Yes
Street address 111 WWW Street 111 WWW Street 111 WWW Street
P.O. Box, R.R.
Apt No.
City Vancouver Vancouver Vancouver
Province BC BC BC
Postal code V6H 3W4 V6H 3W4 V6H 3W4
Province of residence on 2015/12/31 British Columbia British Columbia British Columbia
Disability/infirmity
Qualify for disability amount? No No No
Mentally or physically infirm? No No No
If yes, state nature of infirmity
% Claim on Schedule 5?
Claim on Schedule 5
Caregiver
% Claim on Schedule 5?
Claim on Schedule 5
Disability supplement (under age 18)
Maximum supplement A
Child / attendant care expenses
claimed for dependant by anyone
Base amount
Supplement reduction B
Disability supplement (A-B)
Children's fitness amount
Eligible fitness expenses ($1,000)
Percentage claim 100.00 100.00 100.00
Children's arts amount
Eligible children's art expenses ($500)
Percentage claim 100.00 100.00 100.00
Transfers from dependants
Tuition fees (T2202 and TL11)
Education - # months part time
Education - # months full time
Unused tuition/education from 2014
Net income
Deductions from net income
Non-refundable amounts
(lines 3 to 15 of Schedule 1)
Provincial transfers from dependants
Unused tuition/education from 2014
Non-refundable amounts
(lines 5812 to 5845)
Page 1 of 4
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Dependant #4 Dependant #5 Dependant #6
Social Insurance Number ___ ___ ___ 527 000 285 ___ ___ ___
First name Donald Richard Sarah
Last name Musician Musician Musician
Relationship Son Son Daughter
Birthdate 2013-04-01 1998-03-15 1995-09-02
Net income 2,800.00
Claim as eligible dependant? No No No
Dependant claiming GST credit? No No No
Dependant claiming PST
credit (ON, MB)?
No No No
Did dependant live with you in 2015? Yes Yes Yes
Street address 111 WWW Street 111 WWW Street 111 WWW Street
P.O. Box, R.R.
Apt No.
City Vancouver Vancouver Vancouver
Province BC BC BC
Postal code V6H 3W4 V6H 3W4 V6H 3W4
Province of residence on 2015/12/31 British Columbia British Columbia British Columbia
Disability/infirmity
Qualify for disability amount? No No No
Mentally or physically infirm? No No No
If yes, state nature of infirmity
% Claim on Schedule 5?
Claim on Schedule 5
Caregiver
% Claim on Schedule 5?
Claim on Schedule 5
Disability supplement (under age 18)
Maximum supplement A
Child / attendant care expenses
claimed for dependant by anyone
Base amount
Supplement reduction B
Disability supplement (A-B)
Children's fitness amount
Eligible fitness expenses ($1,000)
Percentage claim 100.00
Children's arts amount
Eligible children's art expenses ($500)
Percentage claim 100.00
Transfers from dependants
Tuition fees (T2202 and TL11) 3,000.00 9,600.00
Education - # months part time
Education - # months full time 4 12
Unused tuition/education from 2014
Net income 2,800.00
Deductions from net income
Non-refundable amounts
(lines 3 to 15 of Schedule 1)
Provincial transfers from dependants
Unused tuition/education from 2014
Non-refundable amounts
(lines 5812 to 5845)
Page 2 of 4
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Dependant #7 Dependant #8 Dependant #9
Social Insurance Number ___ ___ ___ ___ ___ ___ ___ ___ ___
First name Eunice Earl
Last name Musician Musician
Relationship Mother Father N/A
Birthdate 1928-04-10 1926-11-16
Net income 9,500.00 7,500.00
Claim as eligible dependant? No No No
Dependant claiming GST credit? No No No
Dependant claiming PST
credit (ON, MB)?
No No No
Did dependant live with you in 2015? Yes Yes No
Street address 111 WWW Street 111 WWW Street
P.O. Box, R.R.
Apt No.
City Vancouver Vancouver
Province BC BC
Postal code V6H 3W4 V6H 3W4 ___ ___
Province of residence on 2015/12/31 British Columbia British Columbia NA
Disability/infirmity
Qualify for disability amount? Yes No No
Mentally or physically infirm? Yes No No
If yes, state nature of infirmity blind
% Claim on Schedule 5?
Claim on Schedule 5
Caregiver
% Claim on Schedule 5? 100.0 100.0
Claim on Schedule 5 6,701.00 4,608.00
Disability supplement (under age 18)
Maximum supplement A
Child / attendant care expenses
claimed for dependant by anyone
Base amount
Supplement reduction B
Disability supplement (A-B)
Children's fitness amount
Eligible fitness expenses ($1,000)
Percentage claim
Children's arts amount
Eligible children's art expenses ($500)
Percentage claim
Transfers from dependants
Tuition fees (T2202 and TL11)
Education - # months part time
Education - # months full time
Unused tuition/education from 2014
Net income 9,500.00 7,500.00
Deductions from net income
Non-refundable amounts
(lines 3 to 15 of Schedule 1)
Provincial transfers from dependants
Unused tuition/education from 2014
Non-refundable amounts
(lines 5812 to 5845)
Page 3 of 4
File: Musician, Buddy-Chapter 11 Problem SIN: 527 000 061 Printed: 2016/01/24 16:08
Child first name Organization or name SIN # weeks* Amount Claim
___ ___ ___
Total
Transfer from dependants
Disability transfer from dependant
___ ___ ___
Eunice
Musician
1928-04-10
7,899.00
7,899.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Disability transfer
7,899.00
9,500.00
11,327.00
7,033.00
0.00
Disability amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 3 to 19
of Schedule 1
Adjusted taxable income B
Tuition and education transfer from dependant (post-secondary)
___ ___ ___
Sarah
Musician
1995-09-02
5,000.00
5,000.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
5,000.00
0.00
11,327.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 3 to 21
of Schedule 1
Unused tuition and education from 2014
Adjusted taxable income B
527 000 285
Richard
Musician
1998-03-15
4,860.00
4,860.00
SIN
First name
Last name
Birthdate
Maximum available for transfer (A-B)
Tuition and education transfer
4,860.00
2,800.00
11,327.00
0.00
Tuition and education amount A
Taxable income
Basic personal amount
Age amount
Other amounts - lines 3 to 21
of Schedule 1
Unused tuition and education from 2014
Adjusted taxable income B
Page 4 of 4
Child care expense details
(Please use the drop down list to select the first name of an eligible child)
*Enter the # of weeks spent at boarding school, overnight sports school or overnight camp.
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