Assignment on Federal Tax 2022
VerifiedAdded on 2022/07/29
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Assignment
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2019Income Tax and Benefit Return T1 GENERAL -
CONDENSED
7
Before you start:
If you are filling out this return for a deceased person, make sure you enter their information in all the boxes in Step 1
Step 1 – Identification and other information
Identification
Print your name and address below.
First name and initial
Last name
Mailing address: Apt No. – Street No. Street name
PO Box RR
City Prov./Terr. Postal code
Email address
By providing an email address, you are registering to receive email notifications
from the CRA and agree to the Terms of use under Step 1 in the guide.
Enter an email address:
Information about your residence
Enter your province or territory of
residence on December 31, 2019:
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 2019, enter
the province or territory where your
business had a permanent establishment:
If you became or ceased to be a resident of Canada for income tax purposes
in 2019, enter the date of:
entry
Month Day
or departure
Month Day
Information about you
Enter your social insurance
number (SIN):
Enter your date of birth: Year Month Day
Your language of correspondence:
Votre langue de correspondance :
English Français
Is this return for a deceased person?
Ensure the SIN information above is for the deceased person.
If this return is for a deceased
person,
enter the date of death:
Year Month Day
Marital status
Tick the box that applies to your marital status on December 31, 201
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)
Enter their SIN:
Enter their first name:
Enter their net income for 2019
to claim certain credits:
Enter the amount of universal child care benefit
(UCCB) from line 11700
of their return:
Enter the amount of UCCB repayment from
line 21300 of their return:
Tick this box if they were self-employed in 2019: 1
Do not use this area
Do not use
this area 17200 17100
5000-RC
Protected B when completed
CRA version
0 4 6 4 5 4 2 8 6
Rosy 1 9 8 2 1 0 1 2
Evans
1234-Street
X
Roseville O N N 1 A 1 A 1
X
Ontario
Ontario
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
CONDENSED
7
Before you start:
If you are filling out this return for a deceased person, make sure you enter their information in all the boxes in Step 1
Step 1 – Identification and other information
Identification
Print your name and address below.
First name and initial
Last name
Mailing address: Apt No. – Street No. Street name
PO Box RR
City Prov./Terr. Postal code
Email address
By providing an email address, you are registering to receive email notifications
from the CRA and agree to the Terms of use under Step 1 in the guide.
Enter an email address:
Information about your residence
Enter your province or territory of
residence on December 31, 2019:
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 2019, enter
the province or territory where your
business had a permanent establishment:
If you became or ceased to be a resident of Canada for income tax purposes
in 2019, enter the date of:
entry
Month Day
or departure
Month Day
Information about you
Enter your social insurance
number (SIN):
Enter your date of birth: Year Month Day
Your language of correspondence:
Votre langue de correspondance :
English Français
Is this return for a deceased person?
Ensure the SIN information above is for the deceased person.
If this return is for a deceased
person,
enter the date of death:
Year Month Day
Marital status
Tick the box that applies to your marital status on December 31, 201
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)
Enter their SIN:
Enter their first name:
Enter their net income for 2019
to claim certain credits:
Enter the amount of universal child care benefit
(UCCB) from line 11700
of their return:
Enter the amount of UCCB repayment from
line 21300 of their return:
Tick this box if they were self-employed in 2019: 1
Do not use this area
Do not use
this area 17200 17100
5000-RC
Protected B when completed
CRA version
0 4 6 4 5 4 2 8 6
Rosy 1 9 8 2 1 0 1 2
Evans
1234-Street
X
Roseville O N N 1 A 1 A 1
X
Ontario
Ontario
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed2
Please answer the following questions.
Elections Canada (For more information, see "Elections Canada" under Step 1, in the guide.)
A) Do you have Canadian citizenship? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1Yes 2No
If yes, go to question B. If no, skip question B.
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 or, if
you are aged 14 to 17, to update the Register of Future Electors? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1Yes 2No
Your authorization is valid until you file your next tax return. Your information will only be used for purposes permitte
the Canada Elections Act, which include sharing lists of electors produced from the National Register of Electors with
provincial and territorial electoral agencies, members of Parliament, registered and eligible political parties, and cand
at election time.
Your information in the Register of Future Electors will be included in the National Register of Electors once you turn
Information from the Register of Future Electors can be shared only with provincial and territorial electoral agencies
allowed to collect future elector information. In addition, Elections Canada can use information in the Register of Futu
Electors to provide youth with educational information about the electoral process.
Tick this box if you have any income that is exempt under the Indian Act.
For more information on this type of income, go to canada.ca/taxes-aboriginal-peoples.1
If you tick the box, get and complete Form T90, Income exempt under the Indian Act. Complete this form so that the
can calculate your Canada Training Credit Limit for the 2020 tax year. The information you provide may also be used
calculate your Canada Workers Benefit for the 2019 tax year, if applicable.
Foreign property
Did you own or hold specified foreign property where the total cost amount of all such
property, at any time in 2019, was more than CAN$100,000? .. . . . . . . . . . . . . . . . . . . . . . 1Yes 2No
If yes, get and complete Form T1135, Foreign Income Verification Statement. There are substantial penalties for not
completing and filing Form T1135 by the due date. For more information, see Form T1135.
5006-RC
X
X
X
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Please answer the following questions.
Elections Canada (For more information, see "Elections Canada" under Step 1, in the guide.)
A) Do you have Canadian citizenship? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1Yes 2No
If yes, go to question B. If no, skip question B.
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 or, if
you are aged 14 to 17, to update the Register of Future Electors? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1Yes 2No
Your authorization is valid until you file your next tax return. Your information will only be used for purposes permitte
the Canada Elections Act, which include sharing lists of electors produced from the National Register of Electors with
provincial and territorial electoral agencies, members of Parliament, registered and eligible political parties, and cand
at election time.
Your information in the Register of Future Electors will be included in the National Register of Electors once you turn
Information from the Register of Future Electors can be shared only with provincial and territorial electoral agencies
allowed to collect future elector information. In addition, Elections Canada can use information in the Register of Futu
Electors to provide youth with educational information about the electoral process.
Tick this box if you have any income that is exempt under the Indian Act.
For more information on this type of income, go to canada.ca/taxes-aboriginal-peoples.1
If you tick the box, get and complete Form T90, Income exempt under the Indian Act. Complete this form so that the
can calculate your Canada Training Credit Limit for the 2020 tax year. The information you provide may also be used
calculate your Canada Workers Benefit for the 2019 tax year, if applicable.
Foreign property
Did you own or hold specified foreign property where the total cost amount of all such
property, at any time in 2019, was more than CAN$100,000? .. . . . . . . . . . . . . . . . . . . . . . 1Yes 2No
If yes, get and complete Form T1135, Foreign Income Verification Statement. There are substantial penalties for not
completing and filing Form T1135 by the due date. For more information, see Form T1135.
5006-RC
X
X
X
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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T1-2019
As a resident of Canada, you have to report your income from all sources both inside and outside Canada.
When you come to a line on the return that applies to you, go to the line number in the guide for more information.
T1-KFS
Attach this form inside your return along with any other forms, schedules, information slips,
receipts, and documents that you need to include.
Protected B when completed
See the privacy notice on your return.
Total income
5,600 00Interest and other investment income 12100
110,400 00Rental income Gross 12599 52,795 00Net 12600
24,000 00Taxable capital gains 12700
4,500 00Taxable scholarship income and research grants 13010
30,000 00Business income Gross 13499 (5,000 00)Net 13500
81,895 00This is your total income. 15000
Net income
4,500 00Disability supports deduction 21500
77,395 00This is your net income. 23600
Taxable income
77,395 00This is your taxable income. 26000
Federal tax (formerly Schedule 1)
Part A - Federal non-refundable tax credits
12,069 00Basic personal amount 30000
6,569 00Amount for an eligible dependant 30400
5,500 00Your tuition, education and textbook amounts 32300
24,138 00Non-refundable credit 33500
3,620 70Net non-refundable credit 33800
4,394 50Donations and gifts 34900
8,015 20Total federal non-refundable tax credits 35000
Federal Schedules
Schedule 3
13199 10,000.00 13200 (2,000.00) 13599 200,000.00 13800 50,000.00
Schedule 9
34000 15,250.00
Schedule 11
32000 5,500.00 32010 8
Schedule 14
60100 224.00 60104 2
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
As a resident of Canada, you have to report your income from all sources both inside and outside Canada.
When you come to a line on the return that applies to you, go to the line number in the guide for more information.
T1-KFS
Attach this form inside your return along with any other forms, schedules, information slips,
receipts, and documents that you need to include.
Protected B when completed
See the privacy notice on your return.
Total income
5,600 00Interest and other investment income 12100
110,400 00Rental income Gross 12599 52,795 00Net 12600
24,000 00Taxable capital gains 12700
4,500 00Taxable scholarship income and research grants 13010
30,000 00Business income Gross 13499 (5,000 00)Net 13500
81,895 00This is your total income. 15000
Net income
4,500 00Disability supports deduction 21500
77,395 00This is your net income. 23600
Taxable income
77,395 00This is your taxable income. 26000
Federal tax (formerly Schedule 1)
Part A - Federal non-refundable tax credits
12,069 00Basic personal amount 30000
6,569 00Amount for an eligible dependant 30400
5,500 00Your tuition, education and textbook amounts 32300
24,138 00Non-refundable credit 33500
3,620 70Net non-refundable credit 33800
4,394 50Donations and gifts 34900
8,015 20Total federal non-refundable tax credits 35000
Federal Schedules
Schedule 3
13199 10,000.00 13200 (2,000.00) 13599 200,000.00 13800 50,000.00
Schedule 9
34000 15,250.00
Schedule 11
32000 5,500.00 32010 8
Schedule 14
60100 224.00 60104 2
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
See the privacy notice on your return.
Provincial and Territorial Forms
ON428
56050 58040 10,582.00 58160 4,383.00 58800 14,965.00 58840 755.73
58969 1,689.68 61500 2,445.41
ONBEN
61120 8,000.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
See the privacy notice on your return.
Provincial and Territorial Forms
ON428
56050 58040 10,582.00 58160 4,383.00 58800 14,965.00 58840 755.73
58969 1,689.68 61500 2,445.41
ONBEN
61120 8,000.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
Net federal tax: enter the amount from line 61 from the previous page.
CPP contributions payable on self-employment and other earnings +
Employment insurance premiums payable on self-employment and other eligible earnings +
Social benefits repayment (amount from line 23500) +
Provincial or territorial tax (even if the result is "0".) +
This is your total payable.Add lines 42000, 42100, 42120, 42200, and 42800. = •
Total income tax deducted (amounts from all Canadian slips) •
Refundable Quebec abatement (See line 44000 in the guide.) + •
CPP overpayment (See line 30800 in the guide.) + •
Employment insurance overpayment (See line 45000 in the guide.) + •
Climate Action Incentive + •
Refundable medical expense supplement
(Complete the Worksheet for the return.) + •
Canada workers benefit (CWB) + •
Refund of investment tax credit (Get and complete Form T2038(IND).) + •
Part XII.2 trust tax credit (box 38 of all T3 slips and box 209 of all T5013 slips)+ •
Employee and partner GST/HST rebate (Get and complete Form GST370.) + •
Eligible educator school supply tax credit
Supplies expenses (maximum $1,000) × 15% = + •
Tax paid by instalments + •
Provincial or territorial credits (Complete Form 479, if it applies.) + •
These are your total credits.
Add lines 43700 to 45700, and
46900 to 47900. =
◄ –
This is your refund or balance owing.Line 43500 minus line 48200 =
If the result is negative, you have a refund. If the result is positive, you have a balance owin
Enter the amount below on whichever line applies.
Generally, we do not charge or refund a difference of $2 or less.
◄
◄
Refund • Balance owing •
◄
For more information on how to receive your refund by
direct deposit, see line 48400 in the guide or go to
canada.ca/cra-direct-deposit.
For more information on how to make your payment, see
line 48500 in the guide or go to canada.ca/payments.
Your payment is due no later than April 30, 2020.
Ontario opportunities fund
You can help reduce Ontario's debt by completing this area to
donate some or all of your 2019 refund to the Ontario opportunities
fund. Please see the provincial pages for details.
1Amount from line 48400 above
2
Your donation to the
Ontario opportunities fund – •
3Net refund (line 1 minus line 2) = •
◄
I certify that the information given on this return and in any
documents attached is correct and complete and fully discloses
all my income.
Sign here
It is a serious offence to make a false return.
Telephone number:
Date
If this return was completed by a tax professional, tick the
applicable box and provide the following information:
Was a fee charged? 1Yes 2No
EFILE number (if applicable):
Name of tax professional:
Telephone number:
Personal information (including the SIN) is collected for the purposes of the administration or enforcement of the Income Tax Act and related prog
activities including administering tax, benefits, audit, compliance, and collection. The information collected may be used or disclosed for purpose
federal acts that provide for the imposition and collection of a tax or duty. It may also be disclosed to other federal, provincial, territorial or foreig
institutions to the extent authorized by law. Failure to provide this information may result in interest payable, penalties or other actions. Under th
individuals have the right to access their personal information, request correction, or file a complaint to the Privacy Commissioner of Canada rega
handling of the individual’s personal information. Refer to Personal Information Bank CRA PPU 005 on Info Source at canada.ca/cra-info-source.
Do not use
this area 48700 48800 • 48600 •
5006-RC Page 8
Step 7 – Refund or balance owing
Canada Revenue Agency Approval # : RC-19-107
5,231 62
3,585 83
8,817 45
224 00
12,000 00
12,224 00 12,224 00
(3,406 55)
3,406 55
3,406 55
3,406 55
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Net federal tax: enter the amount from line 61 from the previous page.
CPP contributions payable on self-employment and other earnings +
Employment insurance premiums payable on self-employment and other eligible earnings +
Social benefits repayment (amount from line 23500) +
Provincial or territorial tax (even if the result is "0".) +
This is your total payable.Add lines 42000, 42100, 42120, 42200, and 42800. = •
Total income tax deducted (amounts from all Canadian slips) •
Refundable Quebec abatement (See line 44000 in the guide.) + •
CPP overpayment (See line 30800 in the guide.) + •
Employment insurance overpayment (See line 45000 in the guide.) + •
Climate Action Incentive + •
Refundable medical expense supplement
(Complete the Worksheet for the return.) + •
Canada workers benefit (CWB) + •
Refund of investment tax credit (Get and complete Form T2038(IND).) + •
Part XII.2 trust tax credit (box 38 of all T3 slips and box 209 of all T5013 slips)+ •
Employee and partner GST/HST rebate (Get and complete Form GST370.) + •
Eligible educator school supply tax credit
Supplies expenses (maximum $1,000) × 15% = + •
Tax paid by instalments + •
Provincial or territorial credits (Complete Form 479, if it applies.) + •
These are your total credits.
Add lines 43700 to 45700, and
46900 to 47900. =
◄ –
This is your refund or balance owing.Line 43500 minus line 48200 =
If the result is negative, you have a refund. If the result is positive, you have a balance owin
Enter the amount below on whichever line applies.
Generally, we do not charge or refund a difference of $2 or less.
◄
◄
Refund • Balance owing •
◄
For more information on how to receive your refund by
direct deposit, see line 48400 in the guide or go to
canada.ca/cra-direct-deposit.
For more information on how to make your payment, see
line 48500 in the guide or go to canada.ca/payments.
Your payment is due no later than April 30, 2020.
Ontario opportunities fund
You can help reduce Ontario's debt by completing this area to
donate some or all of your 2019 refund to the Ontario opportunities
fund. Please see the provincial pages for details.
1Amount from line 48400 above
2
Your donation to the
Ontario opportunities fund – •
3Net refund (line 1 minus line 2) = •
◄
I certify that the information given on this return and in any
documents attached is correct and complete and fully discloses
all my income.
Sign here
It is a serious offence to make a false return.
Telephone number:
Date
If this return was completed by a tax professional, tick the
applicable box and provide the following information:
Was a fee charged? 1Yes 2No
EFILE number (if applicable):
Name of tax professional:
Telephone number:
Personal information (including the SIN) is collected for the purposes of the administration or enforcement of the Income Tax Act and related prog
activities including administering tax, benefits, audit, compliance, and collection. The information collected may be used or disclosed for purpose
federal acts that provide for the imposition and collection of a tax or duty. It may also be disclosed to other federal, provincial, territorial or foreig
institutions to the extent authorized by law. Failure to provide this information may result in interest payable, penalties or other actions. Under th
individuals have the right to access their personal information, request correction, or file a complaint to the Privacy Commissioner of Canada rega
handling of the individual’s personal information. Refer to Personal Information Bank CRA PPU 005 on Info Source at canada.ca/cra-info-source.
Do not use
this area 48700 48800 • 48600 •
5006-RC Page 8
Step 7 – Refund or balance owing
Canada Revenue Agency Approval # : RC-19-107
5,231 62
3,585 83
8,817 45
224 00
12,000 00
12,224 00 12,224 00
(3,406 55)
3,406 55
3,406 55
3,406 55
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
T1-2019 Schedule 5Amounts for Spouse or Common-Law
Partner and Dependants
Complete this schedule and attach it to your return to claim an amount on line 30300, 30400, 30425, or 30450 of your return.
For more information, see the corresponding line number in the Federal Income Tax and Benefit Guide.
Line 30300 – Spouse or common-law partner amount
Did your marital status change to other than married or common-law in 2019?
55220If yes, tick this box and enter the date of the change.
◄ Month Day
1Base amount 12,069.00
51090 2
If you are entitled to the Canada caregiver amount for your spouse or common-law partner,
enter $2,230. (see the "Canada caregiver amount" under Step 5 in the guide and line 30425 below). +
3Add lines 1 and 2. =
4Spouse's or common-law partner's net income from page 1 of your return –
5Line 3 minus line 4 (if negative, enter "0"). Enter this amount on line 30300 of your return. =
Line 30400 – Amount for an eligible dependant
Did your marital status change to married or common-law in 2019?
55290If yes, tick this box and enter the date of the change.
◄ Month Day
Provide the requested information and complete the following calculation for this dependant.
First and last name:
Address:
Year of birth Relationship to you Is this dependant physically
or mentally infirm?
Yes No
1Base amount 12,069.00
51100 2
If you are entitled to the Canada caregiver amount for your dependant (other than your infirm
child under 18 years of age), enter $2,230 (See "Canada caregiver amount" under Step 5 in the
guide, read the note below, and see line 30425 below.) +
3Add lines 1 and 2. =
51106 4Dependant's net income (line 23600 of their return) –
5Line 3 minus line 4 (if negative, enter "0"). Enter this amount on line 30400 of your return. =
Note: If the dependant is your or your spouse's or common-law partner's infirm child under 18 years of age, you must
claim the Canada caregiver amount on line 30500, not on line 51100.
Line 30425 – Canada caregiver amount for spouse or common-law partner,
or your eligible dependant age 18 or older
Complete this calculation only if you entered $2,230 on line 51090 or line 51100 of this schedule
for a person whose net income is between $7,159 and $23,906.
1Base amount 23,906.00
2Net income of this person (line 23600 of their return) –
3(maximum $7,140)Line 1 minus line 2 (if negative, enter "0") =
4If you claimed this person on line 30300 or 30400 of your return, enter the amount you claimed. –
5
Allowable amount for this person: line 3 minus line 4 (if negative, enter "0")
Enter this amount on line 30425 of your return. =
Continue on the next page.
5000-S5
12,069 00
Rose Evans
1234-Street, Roseville ON N1A1A1 1 9 3 2 Mother X
12,069 00
5,500 00
6,569 00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
T1-2019 Schedule 5Amounts for Spouse or Common-Law
Partner and Dependants
Complete this schedule and attach it to your return to claim an amount on line 30300, 30400, 30425, or 30450 of your return.
For more information, see the corresponding line number in the Federal Income Tax and Benefit Guide.
Line 30300 – Spouse or common-law partner amount
Did your marital status change to other than married or common-law in 2019?
55220If yes, tick this box and enter the date of the change.
◄ Month Day
1Base amount 12,069.00
51090 2
If you are entitled to the Canada caregiver amount for your spouse or common-law partner,
enter $2,230. (see the "Canada caregiver amount" under Step 5 in the guide and line 30425 below). +
3Add lines 1 and 2. =
4Spouse's or common-law partner's net income from page 1 of your return –
5Line 3 minus line 4 (if negative, enter "0"). Enter this amount on line 30300 of your return. =
Line 30400 – Amount for an eligible dependant
Did your marital status change to married or common-law in 2019?
55290If yes, tick this box and enter the date of the change.
◄ Month Day
Provide the requested information and complete the following calculation for this dependant.
First and last name:
Address:
Year of birth Relationship to you Is this dependant physically
or mentally infirm?
Yes No
1Base amount 12,069.00
51100 2
If you are entitled to the Canada caregiver amount for your dependant (other than your infirm
child under 18 years of age), enter $2,230 (See "Canada caregiver amount" under Step 5 in the
guide, read the note below, and see line 30425 below.) +
3Add lines 1 and 2. =
51106 4Dependant's net income (line 23600 of their return) –
5Line 3 minus line 4 (if negative, enter "0"). Enter this amount on line 30400 of your return. =
Note: If the dependant is your or your spouse's or common-law partner's infirm child under 18 years of age, you must
claim the Canada caregiver amount on line 30500, not on line 51100.
Line 30425 – Canada caregiver amount for spouse or common-law partner,
or your eligible dependant age 18 or older
Complete this calculation only if you entered $2,230 on line 51090 or line 51100 of this schedule
for a person whose net income is between $7,159 and $23,906.
1Base amount 23,906.00
2Net income of this person (line 23600 of their return) –
3(maximum $7,140)Line 1 minus line 2 (if negative, enter "0") =
4If you claimed this person on line 30300 or 30400 of your return, enter the amount you claimed. –
5
Allowable amount for this person: line 3 minus line 4 (if negative, enter "0")
Enter this amount on line 30425 of your return. =
Continue on the next page.
5000-S5
12,069 00
Rose Evans
1234-Street, Roseville ON N1A1A1 1 9 3 2 Mother X
12,069 00
5,500 00
6,569 00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
Line 30450 – Canada caregiver amount for other infirm dependants age 18 or older
(Attach a separate sheet if you need more space)
Provide the requested information and complete the following calculation for each dependant.
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
Enter on line 30450 of your return the total amount you are claiming for all dependants.
51120Enter the total number of dependants for whom you are claiming an amount at line 30450 of your return.
See the privacy notice on your return.5000-S5
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Line 30450 – Canada caregiver amount for other infirm dependants age 18 or older
(Attach a separate sheet if you need more space)
Provide the requested information and complete the following calculation for each dependant.
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
Enter on line 30450 of your return the total amount you are claiming for all dependants.
51120Enter the total number of dependants for whom you are claiming an amount at line 30450 of your return.
See the privacy notice on your return.5000-S5
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
First and last name:
Address:
Year of birth Relationship to you
1Base amount
2Infirm dependant's net income (line 23600 of their return) –
3Allowable amount for this dependant: line 1 minus line 2 (if negative, enter "0") (maximum $7,140) =
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
Statement of Real Estate Rentals
• Use this form if you own and rent real estate or other property. It relates mainly to renting real estate but also covers some other types of rental
property such as farmland. This form will help you determine your gross rental income, the expenses you can deduct, and your net rental income or loss for
the year.
• To determine whether your rental income is from property or a business, consider the number and types of services you provide for your tenants:
– If you rent space and only provide basic services such as heating, lighting, parking, laundry facilities, you are earning an income from renting property.
– If you provide additional services such as cleaning, security, and meals, you may be conducting a business.
• For more information about how to determine if your rental income comes from property or a business, see Interpretation Bulletin IT-434R, Rental of Real
Property by Individual, and its Special Release.
• If you are a co-owner of a property, you have to determine if a partnership exists before filling in the Identification part below. To determine if you are in a
partnership, see Income Tax Folio S4-F16-C1, What is a Partnership?
• For information on how to fill out this form, see Guide T4036, Rental Income.
Part 1 – Identification
Your name Your Social Insurance Number
Your address City Prov./Terr.Postal code
Fiscal period
from Date (YYYYMMDD) to Year Month Day Was this the final year of your rental operation? Yes No
Your percentage of
the partnership % Industry code
Tax shelter identification number (8 characters) Partnership business number
Name of person or firm preparing this form Business number/Account number
Address of person or firm preparing this form City Prov./Terr.Postal code
Part 2 – Details of other co-owners and partners
Co-owner or partner's
name and address
Share of net
income (loss) $ Percentage
of ownership %
Co-owner or partner's
name and address
Share of net
income (loss) $ Percentage
of ownership %
Co-owner or partner's
name and address
Share of net
income (loss) $ Percentage
of ownership %
Part 3 – Income
In most cases, you calculate your rental income using the accrual method. If you have no amounts receivable and no expenses outstanding at the end
of the year, you can use the cash method.
1
List the addresses of your rental properties Number of units Gross rents
2
3
8141Enter the total of your gross rents in the year you receive them (amount 1 plus amount 2 plus amount 3). . . . . . . . . . . . . . . . . . .
8230Other income (for example, premiums and leases, sharecropping) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8299Total gross rental income – Enter this amount on your Income Tax and Benefit Return on line 12599 (line 8141 plus line 8230)
T776 E (19) (Ce formulaire est disponible en français.) Page 1 of 4
5 3 1 1 1 1
Rosy Evans 0 4 6 4 5 4 2 8 6
2 0 1 9 0 1 0 1 2 0 1 9 1 2 3 1 X
100.00
1234 St Mary's Street 6 86,400.00
Roseville ON N1A 1A1
86,400.00
24,000.00
110,400.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Statement of Real Estate Rentals
• Use this form if you own and rent real estate or other property. It relates mainly to renting real estate but also covers some other types of rental
property such as farmland. This form will help you determine your gross rental income, the expenses you can deduct, and your net rental income or loss for
the year.
• To determine whether your rental income is from property or a business, consider the number and types of services you provide for your tenants:
– If you rent space and only provide basic services such as heating, lighting, parking, laundry facilities, you are earning an income from renting property.
– If you provide additional services such as cleaning, security, and meals, you may be conducting a business.
• For more information about how to determine if your rental income comes from property or a business, see Interpretation Bulletin IT-434R, Rental of Real
Property by Individual, and its Special Release.
• If you are a co-owner of a property, you have to determine if a partnership exists before filling in the Identification part below. To determine if you are in a
partnership, see Income Tax Folio S4-F16-C1, What is a Partnership?
• For information on how to fill out this form, see Guide T4036, Rental Income.
Part 1 – Identification
Your name Your Social Insurance Number
Your address City Prov./Terr.Postal code
Fiscal period
from Date (YYYYMMDD) to Year Month Day Was this the final year of your rental operation? Yes No
Your percentage of
the partnership % Industry code
Tax shelter identification number (8 characters) Partnership business number
Name of person or firm preparing this form Business number/Account number
Address of person or firm preparing this form City Prov./Terr.Postal code
Part 2 – Details of other co-owners and partners
Co-owner or partner's
name and address
Share of net
income (loss) $ Percentage
of ownership %
Co-owner or partner's
name and address
Share of net
income (loss) $ Percentage
of ownership %
Co-owner or partner's
name and address
Share of net
income (loss) $ Percentage
of ownership %
Part 3 – Income
In most cases, you calculate your rental income using the accrual method. If you have no amounts receivable and no expenses outstanding at the end
of the year, you can use the cash method.
1
List the addresses of your rental properties Number of units Gross rents
2
3
8141Enter the total of your gross rents in the year you receive them (amount 1 plus amount 2 plus amount 3). . . . . . . . . . . . . . . . . . .
8230Other income (for example, premiums and leases, sharecropping) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8299Total gross rental income – Enter this amount on your Income Tax and Benefit Return on line 12599 (line 8141 plus line 8230)
T776 E (19) (Ce formulaire est disponible en français.) Page 1 of 4
5 3 1 1 1 1
Rosy Evans 0 4 6 4 5 4 2 8 6
2 0 1 9 0 1 0 1 2 0 1 9 1 2 3 1 X
100.00
1234 St Mary's Street 6 86,400.00
Roseville ON N1A 1A1
86,400.00
24,000.00
110,400.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
![Document Page](https://desklib.com/media/document/docfile/pages/federal-tax-2022/2024/09/28/f292c755-6187-4226-827c-8fbb529fc0e8-page-9.webp)
Protected B when completed
Part 4 – Expenses
Total expenses Personal portion
8521Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8690
Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8710
Interest and bank charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8810Office expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8860
Professional fees (includes legal and accounting fees) . . . . . . . . . . . . . .
8871
Management and administration fees . . . . . . . . . . . . . . . . . . . . . . . . . . .
8960Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9060
Salaries, wages, and benefits (including employer's contributions) . . . . .
9180
Property taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9200Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9220
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9281
Motor vehicle expenses (not including capital cost allowance) . . . . . . . . .
9270Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ATotal expenses (add the lines listed under "Total expenses") . . . . . .
9949Total for personal portion (add the lines listed under "Personal portion") . . . . . . . . . . . . .
4Deductible expenses (total expenses from amount A minus total personal portion on line 9949) . . . . . . . . . . . . . . . . . . . . . . . . . .
9369Net income (loss) before adjustments (total gross rental income from line 8299 minus deductible expenses from amount 4)
5Co-owner – calculate your share of net income from line 9369. Enter your result on amount 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9945Other expenses of the co-owner – other deductible expenses you have as a co-owner which you did not deduct elsewhere
6Subtotal (amount 5 minus line 9945)
9947Recaptured capital cost allowance (co-owners – enter your share of the amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7Subtotal (amount 6 plus line 9947)
9948Terminal loss (co-owners – enter your share of the amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8Subtotal (amount 7 minus line 9948)
9936Total capital cost allowance claim for the year (amount i from Area A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9Net income (loss) (amount 8 minus line 9936) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If you are a sole proprietor or a co-owner enter this amount on line 9946.
Partnerships
10Partners – your share of amount 9, or the amount from your T5013 slip, Statement of Partnership Income . . . . . . . . . . . . . . . . . .
9974Partners – GST/HST rebate for partners received in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9943Partners – other expenses of the partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9946
Your net income (loss) – For sole proprietors or co-owners, enter this amount on your income tax and benefit return
on line 12600. For partnerships, enter the result of amount 10 plus line 9974 minus line 9943. Enter this amount on your
Income Tax and Benefit Return on line 12600 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Page 2 of 4
6,200.00
14,585.00
5,400.00
6,200.00
7,200.00
11,245.00
3,275.00
3,500.00
57,605.00
57,605.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Part 4 – Expenses
Total expenses Personal portion
8521Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8690
Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8710
Interest and bank charges . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8810Office expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8860
Professional fees (includes legal and accounting fees) . . . . . . . . . . . . . .
8871
Management and administration fees . . . . . . . . . . . . . . . . . . . . . . . . . . .
8960Repairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9060
Salaries, wages, and benefits (including employer's contributions) . . . . .
9180
Property taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9200Travel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9220
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9281
Motor vehicle expenses (not including capital cost allowance) . . . . . . . . .
9270Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
ATotal expenses (add the lines listed under "Total expenses") . . . . . .
9949Total for personal portion (add the lines listed under "Personal portion") . . . . . . . . . . . . .
4Deductible expenses (total expenses from amount A minus total personal portion on line 9949) . . . . . . . . . . . . . . . . . . . . . . . . . .
9369Net income (loss) before adjustments (total gross rental income from line 8299 minus deductible expenses from amount 4)
5Co-owner – calculate your share of net income from line 9369. Enter your result on amount 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9945Other expenses of the co-owner – other deductible expenses you have as a co-owner which you did not deduct elsewhere
6Subtotal (amount 5 minus line 9945)
9947Recaptured capital cost allowance (co-owners – enter your share of the amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7Subtotal (amount 6 plus line 9947)
9948Terminal loss (co-owners – enter your share of the amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8Subtotal (amount 7 minus line 9948)
9936Total capital cost allowance claim for the year (amount i from Area A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9Net income (loss) (amount 8 minus line 9936) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If you are a sole proprietor or a co-owner enter this amount on line 9946.
Partnerships
10Partners – your share of amount 9, or the amount from your T5013 slip, Statement of Partnership Income . . . . . . . . . . . . . . . . . .
9974Partners – GST/HST rebate for partners received in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9943Partners – other expenses of the partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9946
Your net income (loss) – For sole proprietors or co-owners, enter this amount on your income tax and benefit return
on line 12600. For partnerships, enter the result of amount 10 plus line 9974 minus line 9943. Enter this amount on your
Income Tax and Benefit Return on line 12600 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Page 2 of 4
6,200.00
14,585.00
5,400.00
6,200.00
7,200.00
11,245.00
3,275.00
3,500.00
57,605.00
57,605.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
52,795.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
![Document Page](https://desklib.com/media/document/docfile/pages/federal-tax-2022/2024/09/28/5871055b-1407-406f-96d3-dc47f9c0baec-page-10.webp)
Protected B when completedThe capital cost allowance (CCA) you can claim depends on the type of rental property you own and the date you acquired it. Group the depreciable property you
own into the appropriate classes. A specific rate of CCA generally applies to each class.
Area A – Calculation of capital cost allowance (CCA) claim
1
Class
number
2
Undepreciated
capital cost (UCC)
at the start of the
year
3
Cost of additions
in the year
(see Area B and C
below)
4
Cost of additions
from column 3
which are for AIIP
or one or more
zero-emission
vehicles (ZEV)
(new property must
be available for
use in the year)
Note 1
5
Proceeds of
dispositions
in the year (see
Area D and E
below)
6*
UCC after additions
and dispositions
(col. 2 plus col. 3
minus col. 5)
7
Proceeds of
dispositions
available to reduce
additions of AIIP
and ZEV (col. 5
minus col. 3, plus
col. 4). If negative,
enter "0"
Note 2
8
UCC adjustment
for current-year
additions of AIIP
and ZEV (col. 4
minus col. 7)
multiplied by the
relevant factor. If
negative, enter "0"
Note 3
9
Adjustment for
current-year
additions subject to
the half year-rule
1/2 multiplied by
(col. 3 minus col. 4
minus col. 5). If
negative, enter "0"
10
Base amount
for CCA
(col. 6 plus col. 8
minus col. 9)
11
CCA
Rate
%
12
CCA for the year
(col. 10 multiplied
by col. 11 or a
lower amount)
13
UCC at the end of
the year
(col. 6 minus col.
12)
iTotal CCA claim for the year**: Total of column 12 (enter the amount on line 9936 of Part 4,
amount i minus any personal part and any CCA for business-use-of-home expenses***) Ź
* If you have a negative amount in column 6, add it to income as a recapture under 'Recaptured capital cost allowance' on line 9947. If no property is left in the class and there is a positive amount in the column, deduct the amount from your
income as a terminal loss under 'Terminal loss' on line 9948. For more information, read Chapter 3 of Guide T4036.
** For information on CCA for "Calculation of business-use-of-home expenses," see "Special situations" in Chapter 4 of Guide T4002. To help you calculate the capital cost allowance claim, see the calculation charts in Areas B to F.
*** Sole proprietors and partnerships - enter the total CCA claim for the year from amount i on line 9936.
Co-owners - enter only your share of the total CCA claim for the year from amount i on line 9936.
Note 1: Columns 4, 7, and 8 apply only to accelerated investment incentive properties (AIIPs) (see Regulation 1104(4) of the Income Tax Regulations for the definition), zero-emission vehicles, and zero-emission passenger vehicles. In this
chart ZEV represents both zero-emission vehicles and zero-emission passenger vehicles. An AIIP is a property (other than ZEV) that you acquired after November 20, 2018 and became available for use before 2028. A ZEV is a motor
vehicle included in Class 54 or 55 that you acquired after March 18, 2019 and became available for use before 2028. For more information on AIIP and ZEV, see guide T4036.
Note 2: The proceeds of disposition of a zero-emission passenger vehicle (ZEPV) that has been included in Class 54 and that is subject to the $55,000 capital cost limit will be adjusted based on a factor equal to the capital cost limit of $55,000
as a proportion of the actual cost of the vehicle. For dispositions after July 29, 2019, the government proposes that the actual cost of the vehicle be adjusted for any payments or repayments of government assistance that you may have
received or repaid in respect of the vehicle. For more information on proceeds of disposition, read Class 54 in guide T4036.
Note 3: The relevant factors for properties available for use before 2024 are 2 1/3 (classes 43.1 and 54), 1 1/2 (class 55), 1 (classes 43.2 and 53), 0 (classes 12 and 13), and 1/2 for the remaining accelerated investment incentive properties.
For more information on AIIP and ZEV, see Guide T4036 or go to canada.ca/taxes-accelerated-investment-income.
List all equipment or other property you acquired or improved in the current tax year, and group them into the appropriate classes. Equipment includes appliances
such as a washer and dryer; maintenance equipment such as a lawn mower or a snow blower; and other property such as furniture and some fixtures you
acquired to use in your rental operation.
Area B – Equipment additions in the year
1
Class
number
2
Property details
3
Total cost
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9925Total equipment additions in the year (total of column 5)
List all building or leasehold interest additions you acquired or improved in the current tax year. Group the depreciable property you own into the appropriate classes.
Page 3 of 4
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
own into the appropriate classes. A specific rate of CCA generally applies to each class.
Area A – Calculation of capital cost allowance (CCA) claim
1
Class
number
2
Undepreciated
capital cost (UCC)
at the start of the
year
3
Cost of additions
in the year
(see Area B and C
below)
4
Cost of additions
from column 3
which are for AIIP
or one or more
zero-emission
vehicles (ZEV)
(new property must
be available for
use in the year)
Note 1
5
Proceeds of
dispositions
in the year (see
Area D and E
below)
6*
UCC after additions
and dispositions
(col. 2 plus col. 3
minus col. 5)
7
Proceeds of
dispositions
available to reduce
additions of AIIP
and ZEV (col. 5
minus col. 3, plus
col. 4). If negative,
enter "0"
Note 2
8
UCC adjustment
for current-year
additions of AIIP
and ZEV (col. 4
minus col. 7)
multiplied by the
relevant factor. If
negative, enter "0"
Note 3
9
Adjustment for
current-year
additions subject to
the half year-rule
1/2 multiplied by
(col. 3 minus col. 4
minus col. 5). If
negative, enter "0"
10
Base amount
for CCA
(col. 6 plus col. 8
minus col. 9)
11
CCA
Rate
%
12
CCA for the year
(col. 10 multiplied
by col. 11 or a
lower amount)
13
UCC at the end of
the year
(col. 6 minus col.
12)
iTotal CCA claim for the year**: Total of column 12 (enter the amount on line 9936 of Part 4,
amount i minus any personal part and any CCA for business-use-of-home expenses***) Ź
* If you have a negative amount in column 6, add it to income as a recapture under 'Recaptured capital cost allowance' on line 9947. If no property is left in the class and there is a positive amount in the column, deduct the amount from your
income as a terminal loss under 'Terminal loss' on line 9948. For more information, read Chapter 3 of Guide T4036.
** For information on CCA for "Calculation of business-use-of-home expenses," see "Special situations" in Chapter 4 of Guide T4002. To help you calculate the capital cost allowance claim, see the calculation charts in Areas B to F.
*** Sole proprietors and partnerships - enter the total CCA claim for the year from amount i on line 9936.
Co-owners - enter only your share of the total CCA claim for the year from amount i on line 9936.
Note 1: Columns 4, 7, and 8 apply only to accelerated investment incentive properties (AIIPs) (see Regulation 1104(4) of the Income Tax Regulations for the definition), zero-emission vehicles, and zero-emission passenger vehicles. In this
chart ZEV represents both zero-emission vehicles and zero-emission passenger vehicles. An AIIP is a property (other than ZEV) that you acquired after November 20, 2018 and became available for use before 2028. A ZEV is a motor
vehicle included in Class 54 or 55 that you acquired after March 18, 2019 and became available for use before 2028. For more information on AIIP and ZEV, see guide T4036.
Note 2: The proceeds of disposition of a zero-emission passenger vehicle (ZEPV) that has been included in Class 54 and that is subject to the $55,000 capital cost limit will be adjusted based on a factor equal to the capital cost limit of $55,000
as a proportion of the actual cost of the vehicle. For dispositions after July 29, 2019, the government proposes that the actual cost of the vehicle be adjusted for any payments or repayments of government assistance that you may have
received or repaid in respect of the vehicle. For more information on proceeds of disposition, read Class 54 in guide T4036.
Note 3: The relevant factors for properties available for use before 2024 are 2 1/3 (classes 43.1 and 54), 1 1/2 (class 55), 1 (classes 43.2 and 53), 0 (classes 12 and 13), and 1/2 for the remaining accelerated investment incentive properties.
For more information on AIIP and ZEV, see Guide T4036 or go to canada.ca/taxes-accelerated-investment-income.
List all equipment or other property you acquired or improved in the current tax year, and group them into the appropriate classes. Equipment includes appliances
such as a washer and dryer; maintenance equipment such as a lawn mower or a snow blower; and other property such as furniture and some fixtures you
acquired to use in your rental operation.
Area B – Equipment additions in the year
1
Class
number
2
Property details
3
Total cost
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9925Total equipment additions in the year (total of column 5)
List all building or leasehold interest additions you acquired or improved in the current tax year. Group the depreciable property you own into the appropriate classes.
Page 3 of 4
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
Area C – Building additions in the year
1
Class
number
2
Property details
3
Total cost
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9927Total building additions in the year (total of column 5)
Area D – Equipment dispositions in the year
1
Class
number
2
Property details
3
Proceeds of
disposition (should not
be more than the
capital cost)
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9926Total equipment dispositions in the year (total of column 5)
Area E – Building dispositions in the year
1
Class
number
2
Property details
3
Proceeds of
disposition (should not
be more than the
capital cost)
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9928Total building dispositions in the year (total of column 5)
Area F – Land additions and dispositions in the year
9923Total cost of all land additions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9924Total proceeds from all land dispositions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
See the privacy notice on your return.
Page 4 of 4
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Area C – Building additions in the year
1
Class
number
2
Property details
3
Total cost
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9927Total building additions in the year (total of column 5)
Area D – Equipment dispositions in the year
1
Class
number
2
Property details
3
Proceeds of
disposition (should not
be more than the
capital cost)
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9926Total equipment dispositions in the year (total of column 5)
Area E – Building dispositions in the year
1
Class
number
2
Property details
3
Proceeds of
disposition (should not
be more than the
capital cost)
4
Personal portion
(if applicable)
5
Rental portion
(col. 3 minus
col. 4)
9928Total building dispositions in the year (total of column 5)
Area F – Land additions and dispositions in the year
9923Total cost of all land additions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9924Total proceeds from all land dispositions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
See the privacy notice on your return.
Page 4 of 4
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Disability Supports Deduction
Use this form to calculate the amount to enter on line 21500 of your tax return.
For more information, see "General information" on the back of this form.
Step 1 – Calculate your net disability supports expenses
Column 1 – Device or service Column 2 – Amount paid
Column 3 – Amount reimbursed or
assistance received (if applicable).
See "Amounts you cannot claim" on
the back of this form.
1
Enter the total of all amounts in column 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
2
Enter the total of all amounts in column 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
3
Subtract line 2 from line 1. This amount is your net disability supports expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
If you need more space, use a separate sheet of paper and attach it to this form.
Step 2 – Calculate your disability supports deduction
4
Enter your earned income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
If you attended a designated educational institution or a secondary school at which you were enrolled in
an educational program, fill in lines 5 to 12. Otherwise, enter "0" on line 10 and go to line 11.
5
Enter your net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
6
Enter your earned income from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
– $
7
Line 5 minus line 6 (if negative, enter "0") . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
8Enter the number of weeks in the year that you attended the institution or
secondary school . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
×
9
Line 8 multiplied by $375 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
10
Enter the amount from line 7 or line 9, or $15,000, whichever is the least . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
+ $
11
Add lines 4 and 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
12
Enter the amount from line 3 or line 11, whichever is less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
Enter the amount from line 12 on line 21500 of your tax return.
T929 E (19) (Ce formulaire est disponible en français.)
$375
Dental for Mom 3,500.00
Scooter for mom 8,500.00 4,250.00
Medical and premium 3,550.00
15,550 00
4,250 00
11,300 00
4,500 00
81,895 00
4,500 00
77,395 00
4,500 00
4,500 00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Use this form to calculate the amount to enter on line 21500 of your tax return.
For more information, see "General information" on the back of this form.
Step 1 – Calculate your net disability supports expenses
Column 1 – Device or service Column 2 – Amount paid
Column 3 – Amount reimbursed or
assistance received (if applicable).
See "Amounts you cannot claim" on
the back of this form.
1
Enter the total of all amounts in column 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
2
Enter the total of all amounts in column 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
3
Subtract line 2 from line 1. This amount is your net disability supports expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
If you need more space, use a separate sheet of paper and attach it to this form.
Step 2 – Calculate your disability supports deduction
4
Enter your earned income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
If you attended a designated educational institution or a secondary school at which you were enrolled in
an educational program, fill in lines 5 to 12. Otherwise, enter "0" on line 10 and go to line 11.
5
Enter your net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
6
Enter your earned income from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
– $
7
Line 5 minus line 6 (if negative, enter "0") . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
8Enter the number of weeks in the year that you attended the institution or
secondary school . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
×
9
Line 8 multiplied by $375 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
10
Enter the amount from line 7 or line 9, or $15,000, whichever is the least . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
+ $
11
Add lines 4 and 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
= $
12
Enter the amount from line 3 or line 11, whichever is less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
Enter the amount from line 12 on line 21500 of your tax return.
T929 E (19) (Ce formulaire est disponible en français.)
$375
Dental for Mom 3,500.00
Scooter for mom 8,500.00 4,250.00
Medical and premium 3,550.00
15,550 00
4,250 00
11,300 00
4,500 00
81,895 00
4,500 00
77,395 00
4,500 00
4,500 00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
T2125 E (19) (Ce formulaire est disponible en français.) Page 1 of 6
Statement of Business or Professional Activities
• Use this form to calculate your self-employment business and professional income.
• For each business or profession, fill in a separate Form T2125.
• Fill in this form and send it with your income tax and benefit return.
• For more information on how to fill in this form, see guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income.
Part 1 – Identification
Your name Your social insurance number
Business name Business number
Business address City Prov./Terr. Postal code
Fiscal
period From
Date (YYYYMMDD)
to
Date (YYYYMMDD) Was this your last year of business? Yes No
Main product or service Industry code
(see the appendix in Guide T4002)
Accounting method
(commission only) Cash Accrual Partnership business number Your percentage
of the partnership %
Name and address of person or firm preparing this form
Part 2 – Internet business activities
If your web pages or websites generate business or professional income, fill in this part of the form.
How many Internet web pages and websites does your business earn income from? Enter "0" if none . . . . . . . . . . . . . . . . . . . . . . . . .
Provide up to five main web page or website addresses, also known as uniform resource locator (URL):
http://
http://
http://
http://
http://
%
Percentage of your gross income generated from the web pages and websites.
(If no income was generated from the Internet, enter "0".) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
R T
Tax shelter identification number
Evans, Rosy 0 4 6 4 5 4 2 8 6
My Own Business
Roseville O N N 1 A 1 A 1
2 0 1 9 0 1 0 1 2 0 1 9 1 2 3 1 X
X 100.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
T2125 E (19) (Ce formulaire est disponible en français.) Page 1 of 6
Statement of Business or Professional Activities
• Use this form to calculate your self-employment business and professional income.
• For each business or profession, fill in a separate Form T2125.
• Fill in this form and send it with your income tax and benefit return.
• For more information on how to fill in this form, see guide T4002, Self-employed Business, Professional, Commission, Farming, and Fishing Income.
Part 1 – Identification
Your name Your social insurance number
Business name Business number
Business address City Prov./Terr. Postal code
Fiscal
period From
Date (YYYYMMDD)
to
Date (YYYYMMDD) Was this your last year of business? Yes No
Main product or service Industry code
(see the appendix in Guide T4002)
Accounting method
(commission only) Cash Accrual Partnership business number Your percentage
of the partnership %
Name and address of person or firm preparing this form
Part 2 – Internet business activities
If your web pages or websites generate business or professional income, fill in this part of the form.
How many Internet web pages and websites does your business earn income from? Enter "0" if none . . . . . . . . . . . . . . . . . . . . . . . . .
Provide up to five main web page or website addresses, also known as uniform resource locator (URL):
http://
http://
http://
http://
http://
%
Percentage of your gross income generated from the web pages and websites.
(If no income was generated from the Internet, enter "0".) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
R T
Tax shelter identification number
Evans, Rosy 0 4 6 4 5 4 2 8 6
My Own Business
Roseville O N N 1 A 1 A 1
2 0 1 9 0 1 0 1 2 0 1 9 1 2 3 1 X
X 100.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
Page 2 of 6
Part 3A – Business income
Fill in this part only if you have business income. If you have professional income, leave this part blank and fill in Part 3B.
If you have both business and professional income, you have to fill out a separate Form T2125 for each.
Part 3B – Professional income
Fill in this part only if you have professional income. If you have business income, leave this part blank and fill in Part 3A.
If you have both business and professional income, you have to fill out a separate Form T2125 for each.
Note: New rules allow you to include your work in progress (WIP) progressively if you elected to use billed basis accounting for the last tax year that started
before March 22, 2017. Generally, for the first tax year that starts after March 21, 2017, you must include 20% of the lesser of the cost and the fair market value
of WIP. The inclusion rate increases to 40% in the second tax year that starts after March 21, 2017, 60% in the third year, 80% in the fourth year, and 100% in
the fifth and all subsequent tax years. For more information, see chapter 2 of guide T4002.
Part 3A – Business income 3A
Gross sales, commissions, or fees (include GST/HST collected or collectible) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3BGST/HST, provincial sales tax, returns, allowances, discounts, and GST/HST adjustments (included in amount 3A) . . . . . . . . . . . . . . .
3CSubtotal: Amount 3A minus amount 3B
3D
If you are using the quick method for GST/HST – Government assistance calculated as follows:
GST/HST collected or collectible on sales, commissions and fees eligible for the quick method . . . . . .
3E
GST/HST remitted, (calculated on sales, commissions, and fees eligible for the quick method) plus
GST/HST collected or collectible multiplied by the applicable quick method remittance rate . . . . . . . .
3FSubtotal: Amount 3D minus amount 3E
3GAdjusted gross sales: Amount 3C plus amount 3F (enter on line 8000 of Part 3C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part 3B – Professional income 3HGross professional fees including work-in-progress (WIP) and GST/HST collected or collectible . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3I
GST/HST, provincial sales tax, returns, allowances, discounts, and GST/HST adjustments (included in amount 3H) and any WIP at the
end of the year you elected to exclude . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3JSubtotal: Amount 3H minus amount 3I
3K
If you are using the quick method for GST/HST – Government assistance calculated as follows:
GST/HST collected or collectible on professional fees eligible for the quick method . . . . . . . . . . . . . . .
3L
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 . . . . . . . . . . . . . . .
3MSubtotal: Amount 3K minus amount 3L
3NWork-in-progress (WIP), start of the year, per election to exclude WIP (see Guide T4002, Chapter 2) . . . . . . . . . . . . . . . . . . . . . . . . . . .
3OAdjusted professional fees: Amount 3J plus amount 3M plus amount 3N (enter on line 8000 of Part 3C) . . . . . . . . . . . . . . . . . . . . . .
Part 3C – Gross business or professional income 8000
Adjusted gross sales (amount 3G) or adjusted professional fees (amount 3O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8290
Reserves deducted last year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8230
Other income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3PSubtotal: Line 8290 plus line 8230 Ź
8299
Gross business or professional income: Line 8000 plus amount 3P . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Report the gross business or professional income from line 8299 on the applicable line of your income tax and benefit return
as indicated below:
• business income on line 13499
• professional income on line 13699
• commission income on line 13899
For Parts 3D, 4, and 5, if GST/HST has been remitted or an input tax credit has been claimed, do not include GST/HST when you calculate the cost
of goods sold, expenses, or net income (loss).
Part 3D – Cost of goods sold and gross profit
If you have business income, fill in this part. Enter only the business part of the costs.
3Q
Gross business income (line 8299 of Part 3C). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8300 3R
Opening inventory (include raw materials, goods in process, and finished goods). . . . . . . . . . .
8320 3S
Purchases during the year (net of returns, allowances, and discounts) . . . . . . . . . . . . . . . . . . .
8340 3TDirect wage costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8360 3USubcontracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8450 3V
Other costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3WSubtotal: Add amounts 3R to 3V
8500
Closing inventory (include raw materials, goods in process, and finished goods) . . . . . . . . . . .
8518Cost of goods sold: Amount 3W minus line 8500 Ź
8519
Gross profit (or loss): Amount 3Q minus line 8518. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Page 2 of 6
Part 3A – Business income
Fill in this part only if you have business income. If you have professional income, leave this part blank and fill in Part 3B.
If you have both business and professional income, you have to fill out a separate Form T2125 for each.
Part 3B – Professional income
Fill in this part only if you have professional income. If you have business income, leave this part blank and fill in Part 3A.
If you have both business and professional income, you have to fill out a separate Form T2125 for each.
Note: New rules allow you to include your work in progress (WIP) progressively if you elected to use billed basis accounting for the last tax year that started
before March 22, 2017. Generally, for the first tax year that starts after March 21, 2017, you must include 20% of the lesser of the cost and the fair market value
of WIP. The inclusion rate increases to 40% in the second tax year that starts after March 21, 2017, 60% in the third year, 80% in the fourth year, and 100% in
the fifth and all subsequent tax years. For more information, see chapter 2 of guide T4002.
Part 3A – Business income 3A
Gross sales, commissions, or fees (include GST/HST collected or collectible) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3BGST/HST, provincial sales tax, returns, allowances, discounts, and GST/HST adjustments (included in amount 3A) . . . . . . . . . . . . . . .
3CSubtotal: Amount 3A minus amount 3B
3D
If you are using the quick method for GST/HST – Government assistance calculated as follows:
GST/HST collected or collectible on sales, commissions and fees eligible for the quick method . . . . . .
3E
GST/HST remitted, (calculated on sales, commissions, and fees eligible for the quick method) plus
GST/HST collected or collectible multiplied by the applicable quick method remittance rate . . . . . . . .
3FSubtotal: Amount 3D minus amount 3E
3GAdjusted gross sales: Amount 3C plus amount 3F (enter on line 8000 of Part 3C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part 3B – Professional income 3HGross professional fees including work-in-progress (WIP) and GST/HST collected or collectible . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3I
GST/HST, provincial sales tax, returns, allowances, discounts, and GST/HST adjustments (included in amount 3H) and any WIP at the
end of the year you elected to exclude . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3JSubtotal: Amount 3H minus amount 3I
3K
If you are using the quick method for GST/HST – Government assistance calculated as follows:
GST/HST collected or collectible on professional fees eligible for the quick method . . . . . . . . . . . . . . .
3L
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 . . . . . . . . . . . . . . .
3MSubtotal: Amount 3K minus amount 3L
3NWork-in-progress (WIP), start of the year, per election to exclude WIP (see Guide T4002, Chapter 2) . . . . . . . . . . . . . . . . . . . . . . . . . . .
3OAdjusted professional fees: Amount 3J plus amount 3M plus amount 3N (enter on line 8000 of Part 3C) . . . . . . . . . . . . . . . . . . . . . .
Part 3C – Gross business or professional income 8000
Adjusted gross sales (amount 3G) or adjusted professional fees (amount 3O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8290
Reserves deducted last year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8230
Other income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3PSubtotal: Line 8290 plus line 8230 Ź
8299
Gross business or professional income: Line 8000 plus amount 3P . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Report the gross business or professional income from line 8299 on the applicable line of your income tax and benefit return
as indicated below:
• business income on line 13499
• professional income on line 13699
• commission income on line 13899
For Parts 3D, 4, and 5, if GST/HST has been remitted or an input tax credit has been claimed, do not include GST/HST when you calculate the cost
of goods sold, expenses, or net income (loss).
Part 3D – Cost of goods sold and gross profit
If you have business income, fill in this part. Enter only the business part of the costs.
3Q
Gross business income (line 8299 of Part 3C). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8300 3R
Opening inventory (include raw materials, goods in process, and finished goods). . . . . . . . . . .
8320 3S
Purchases during the year (net of returns, allowances, and discounts) . . . . . . . . . . . . . . . . . . .
8340 3TDirect wage costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8360 3USubcontracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8450 3V
Other costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3WSubtotal: Add amounts 3R to 3V
8500
Closing inventory (include raw materials, goods in process, and finished goods) . . . . . . . . . . .
8518Cost of goods sold: Amount 3W minus line 8500 Ź
8519
Gross profit (or loss): Amount 3Q minus line 8518. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
30,000.00
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
![Document Page](https://desklib.com/media/document/docfile/pages/federal-tax-2022/2024/09/28/29737f01-13e6-4113-9e5e-cd31d2d27913-page-15.webp)
Protected B when completed
Page 3 of 6
Part 4 – Net income (loss) before adjustments 4AGross business or professional income (line 8299 of Part 3C) or Gross profit (line 8519 of Part 3D). . . . . . . . . . . . . . . . . . . . . . . . .
Expenses (enter only the business part) 8521 4BAdvertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8523 4C
Meals and entertainment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8590 4DBad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8690 4EInsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8710 4F
Interest and bank charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8760 4GBusiness taxes, licences, and memberships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8810 4HOffice expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8811 4I
Office stationery and supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8860 4JProfessional fees (includes legal and accounting fees). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8871 4KManagement and administration fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8910 4L
Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8960 4MRepairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9060 4NSalaries, wages, and benefits (including employer's contributions). . . . . . . . . . . . . . . . . . . . . . . .
9180 4O
Property taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9200 4PTravel expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9220 4QUtilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9224 4R
Fuel costs (except for motor vehicles). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9275 4SDelivery, freight, and express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9281 4T
Motor vehicle expenses (not including CCA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9936 4U
Capital cost allowance (CCA). Enter amount i of Area A minus any personal part and any
CCA for business-use-of-home expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9270 4VOther expenses (specify):
9368Total expenses: Total of amounts 4B to 4V Ź
9369
Net income (loss) before adjustments: Amount 4A minus line 9368 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part 5 – Your net income (loss) 5AYour share of line 9369 or the amount from your T5013 slip, Statement of Partnership Income . . . . . . .
9974
Plus: GST/HST rebate for partners received in the year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5BTotal: Amount 5A plus line 9974 Ź
9943
Other amounts deductible from your share of the net partnership income (loss) (amount 6F). . . . . . . . . . . . . . . . . . . . . . . . . . . .
5CNet income (loss) after adjustments: Amount 5B minus line 9943 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9945
Business-use-of-home expenses (amount 7P) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9946
Your net income (loss): Amount 5C minus line 9945 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Report the net income amount from line 9946 on the applicable line of your income tax and benefit return as indicated below:
• business income on line 13500
• professional income on line 13700
• commission income on line 13900
30,000.00
8,000.00
23,000.00
4,000.00
35,000.00 35,000.00
(5,000.00)
(5,000.00)
(5,000.00) (5,000.00)
(5,000.00)
(5,000.00)
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Page 3 of 6
Part 4 – Net income (loss) before adjustments 4AGross business or professional income (line 8299 of Part 3C) or Gross profit (line 8519 of Part 3D). . . . . . . . . . . . . . . . . . . . . . . . .
Expenses (enter only the business part) 8521 4BAdvertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8523 4C
Meals and entertainment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8590 4DBad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8690 4EInsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8710 4F
Interest and bank charges. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8760 4GBusiness taxes, licences, and memberships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8810 4HOffice expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8811 4I
Office stationery and supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8860 4JProfessional fees (includes legal and accounting fees). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8871 4KManagement and administration fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8910 4L
Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8960 4MRepairs and maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9060 4NSalaries, wages, and benefits (including employer's contributions). . . . . . . . . . . . . . . . . . . . . . . .
9180 4O
Property taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9200 4PTravel expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9220 4QUtilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9224 4R
Fuel costs (except for motor vehicles). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9275 4SDelivery, freight, and express . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9281 4T
Motor vehicle expenses (not including CCA) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9936 4U
Capital cost allowance (CCA). Enter amount i of Area A minus any personal part and any
CCA for business-use-of-home expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9270 4VOther expenses (specify):
9368Total expenses: Total of amounts 4B to 4V Ź
9369
Net income (loss) before adjustments: Amount 4A minus line 9368 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part 5 – Your net income (loss) 5AYour share of line 9369 or the amount from your T5013 slip, Statement of Partnership Income . . . . . . .
9974
Plus: GST/HST rebate for partners received in the year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5BTotal: Amount 5A plus line 9974 Ź
9943
Other amounts deductible from your share of the net partnership income (loss) (amount 6F). . . . . . . . . . . . . . . . . . . . . . . . . . . .
5CNet income (loss) after adjustments: Amount 5B minus line 9943 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9945
Business-use-of-home expenses (amount 7P) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9946
Your net income (loss): Amount 5C minus line 9945 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Report the net income amount from line 9946 on the applicable line of your income tax and benefit return as indicated below:
• business income on line 13500
• professional income on line 13700
• commission income on line 13900
30,000.00
8,000.00
23,000.00
4,000.00
35,000.00 35,000.00
(5,000.00)
(5,000.00)
(5,000.00) (5,000.00)
(5,000.00)
(5,000.00)
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
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Part 6 – Other amounts deductible from your share of the net partnership income (loss)
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. These claims must not be included in the claims already calculated for the partnership.
List details of expenses: Expense amounts
6A
6B
6C
6D
6E
6F
Total other amounts deductible from your share of the net partnership income (loss): Add amounts 6A to 6E
(enter this on line 9943 of Part 5)
Part 7 – Calculation of business-use-of-home expenses 7AHeat . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7BElectricity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7CInsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7DMaintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7EMortgage interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7FProperty taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7GOther expenses (specify):
7HSubtotal: Add amounts 7A to 7G
7IPersonal-use part of the business-use-of-home expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7JSubtotal: Amount 7H minus amount 7I
7K
Capital cost allowance (business part only), which means amount i of Area A minus any portion of
CCA that is for personal use or entered on line 9936 of Part 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7LAmount carried forward from previous year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7MSubtotal: Add amounts 7J to 7L
7NNet income (loss) after adjustments (amount 5C) (if negative, enter "0"). . . . . . . . . . . . . . . . . . . . . . . . . . .
7O
Business-use-of-home expenses available to carry forward: Amount 7M minus amount 7N
(if negative, enter "0") . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7PAllowable claim: The lesser of amount 7M and 7N above (enter your share of this amount on line 9945 of Part 5) . . . . . . . . . . . . . . .
Part 8 – Details of other partners
Do not fill in this chart if you must file a partnership information return.
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Part 9 – Details of equity 9931
Total business liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9932Drawings in the current year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9933Capital contributions in the current year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Page 4 of 6
Part 6 – Other amounts deductible from your share of the net partnership income (loss)
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. These claims must not be included in the claims already calculated for the partnership.
List details of expenses: Expense amounts
6A
6B
6C
6D
6E
6F
Total other amounts deductible from your share of the net partnership income (loss): Add amounts 6A to 6E
(enter this on line 9943 of Part 5)
Part 7 – Calculation of business-use-of-home expenses 7AHeat . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7BElectricity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7CInsurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7DMaintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7EMortgage interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7FProperty taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7GOther expenses (specify):
7HSubtotal: Add amounts 7A to 7G
7IPersonal-use part of the business-use-of-home expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7JSubtotal: Amount 7H minus amount 7I
7K
Capital cost allowance (business part only), which means amount i of Area A minus any portion of
CCA that is for personal use or entered on line 9936 of Part 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7LAmount carried forward from previous year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7MSubtotal: Add amounts 7J to 7L
7NNet income (loss) after adjustments (amount 5C) (if negative, enter "0"). . . . . . . . . . . . . . . . . . . . . . . . . . .
7O
Business-use-of-home expenses available to carry forward: Amount 7M minus amount 7N
(if negative, enter "0") . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7PAllowable claim: The lesser of amount 7M and 7N above (enter your share of this amount on line 9945 of Part 5) . . . . . . . . . . . . . . .
Part 8 – Details of other partners
Do not fill in this chart if you must file a partnership information return.
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Name of partner
Address Share of net income or (loss)
$
Percentage of partnership
%
Part 9 – Details of equity 9931
Total business liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9932Drawings in the current year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9933Capital contributions in the current year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Area A – Calculation of capital cost allowance (CCA) claim
1
Class
number
2
Undepreciated
capital cost (UCC)
at the start of the year
3
Cost of additions
in the year
(see Area B and C
below)
4
Cost of additions from
column 3 which are
AIIP or zero-emission
vehicles (ZEV) (new
property must be
available for use in
the year)
Note 1
5
Proceeds of
dispositions
in the year (see
Area D and E below)
6*
UCC after additions
and dispositions
(col. 2 plus col. 3
minus col. 5)
7
Proceeds of
dispositions available
to reduce additions of
AIIP and ZEV (col. 5
minus col. 3 plus
column 4). If negative,
enter "0"
Note 2
8
UCC adjustment for
current-year additions
of AIIP and ZEV
(col. 4 minus col. 7)
multiplied by the
relevant factor. If
negative, enter "0".
Note 3
9
Adjustment for
current-year additions
subject to the half-year
rule
1/2 multiplied by
(col. 3 minus col. 4
minus col. 5).
If negative, enter "0."
10
Base amount
for CCA
(col. 6 plus col. 8
minus col. 9)
11
CCA
Rate
%
12
CCA for the year
(col. 10 multiplied by
col. 11 or a lower
amount)
13
UCC at the end of
the year
(col. 6 minus col. 12)
iTotal CCA claim for the year: Total of column 12 (enter the amount on line 9936 of Part 4,
amount i minus any personal part and any CCA for business-use-of-home expenses **) Ź
* If you have a negative amount in column 6, add it to income as a recapture in Part 3C on line 8230. 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 in
Part 4 on line 9270. Recapture and terminal loss do not apply to a class 10.1 property. For more information, read Chapter 3 of guide T4002.
** For information on CCA for "Calculation of business-use-of-home expenses," see "Special situations" in Chapter 4 of guide T4002. To help you calculate the capital cost allowance claim, see the calculation charts in Areas B to F.
Note 1: Columns 4, 7, and 8 apply only to accelerated investment incentive properties (AIIPs) (see Regulation 1104(4) of the Income Tax Regulations for the definition), zero-emission vehicles, and zero-emission passenger vehicles. In this
chart ZEV represents both zero-emission vehicles and zero-emission passenger vehicles. An AIIP is a property (other than ZEV) that you acquired after November 20, 2018 and became available for use before 2028. A ZEV is a motor
vehicle included in Class 54 or 55 that you acquired after March 18, 2019 and became available for use before 2028. For more information on AIIP and ZEV, see guide T4002.
Note 2: The proceeds of disposition of a zero-emission passenger vehicle (ZEPV) that has been included in Class 54 and that is subject to the $55,000 capital cost limit will be adjusted based on a factor equal to the capital cost limit of $55,000
as a proportion of the actual cost of the vehicle. For dispositions after July 29, 2019, the government proposes that the actual cost of the vehicle be adjusted for any payments or repayments of government assistance that you may
have received or repaid in respect of the vehicle. For more information on proceeds of disposition, read Class 54 in guide T4002.
Note 3: The relevant factors for properties available for use before 2024 are 2 1/3 (classes 43.1 and 54), 1 1/2 (class 55), 1 (classes 43.2 and 53), 0 (classes 12, 13, 14, 15), and 1/2 for the remaining accelerated investment incentive properties.
For more information on accelerated investment incentive properties, see guide T4002 or go to canada.ca/taxes-accelerated-investment-income .
Area B – Equipment additions in the year
1
Class
number
2
Property
description
3
Total cost
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9925Total equipment additions in the year: Total of column 5
Area C – Building additions in the year
1
Class
number
2
Property
description
3
Total cost
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9927Total of building additions in the year: Total of column 5
Area D – Equipment dispositions in the year
1
Class
number
2
Property
description
3
Proceeds of disposition
(should not be more than
the capital cost)
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9926Total equipment dispositions in the year: Total of column 5
Note: If you disposed of property in the year, see Chapter 3 of Guide T4002 for information about your proceeds of disposition.
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Page 5 of 6
Area A – Calculation of capital cost allowance (CCA) claim
1
Class
number
2
Undepreciated
capital cost (UCC)
at the start of the year
3
Cost of additions
in the year
(see Area B and C
below)
4
Cost of additions from
column 3 which are
AIIP or zero-emission
vehicles (ZEV) (new
property must be
available for use in
the year)
Note 1
5
Proceeds of
dispositions
in the year (see
Area D and E below)
6*
UCC after additions
and dispositions
(col. 2 plus col. 3
minus col. 5)
7
Proceeds of
dispositions available
to reduce additions of
AIIP and ZEV (col. 5
minus col. 3 plus
column 4). If negative,
enter "0"
Note 2
8
UCC adjustment for
current-year additions
of AIIP and ZEV
(col. 4 minus col. 7)
multiplied by the
relevant factor. If
negative, enter "0".
Note 3
9
Adjustment for
current-year additions
subject to the half-year
rule
1/2 multiplied by
(col. 3 minus col. 4
minus col. 5).
If negative, enter "0."
10
Base amount
for CCA
(col. 6 plus col. 8
minus col. 9)
11
CCA
Rate
%
12
CCA for the year
(col. 10 multiplied by
col. 11 or a lower
amount)
13
UCC at the end of
the year
(col. 6 minus col. 12)
iTotal CCA claim for the year: Total of column 12 (enter the amount on line 9936 of Part 4,
amount i minus any personal part and any CCA for business-use-of-home expenses **) Ź
* If you have a negative amount in column 6, add it to income as a recapture in Part 3C on line 8230. 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 in
Part 4 on line 9270. Recapture and terminal loss do not apply to a class 10.1 property. For more information, read Chapter 3 of guide T4002.
** For information on CCA for "Calculation of business-use-of-home expenses," see "Special situations" in Chapter 4 of guide T4002. To help you calculate the capital cost allowance claim, see the calculation charts in Areas B to F.
Note 1: Columns 4, 7, and 8 apply only to accelerated investment incentive properties (AIIPs) (see Regulation 1104(4) of the Income Tax Regulations for the definition), zero-emission vehicles, and zero-emission passenger vehicles. In this
chart ZEV represents both zero-emission vehicles and zero-emission passenger vehicles. An AIIP is a property (other than ZEV) that you acquired after November 20, 2018 and became available for use before 2028. A ZEV is a motor
vehicle included in Class 54 or 55 that you acquired after March 18, 2019 and became available for use before 2028. For more information on AIIP and ZEV, see guide T4002.
Note 2: The proceeds of disposition of a zero-emission passenger vehicle (ZEPV) that has been included in Class 54 and that is subject to the $55,000 capital cost limit will be adjusted based on a factor equal to the capital cost limit of $55,000
as a proportion of the actual cost of the vehicle. For dispositions after July 29, 2019, the government proposes that the actual cost of the vehicle be adjusted for any payments or repayments of government assistance that you may
have received or repaid in respect of the vehicle. For more information on proceeds of disposition, read Class 54 in guide T4002.
Note 3: The relevant factors for properties available for use before 2024 are 2 1/3 (classes 43.1 and 54), 1 1/2 (class 55), 1 (classes 43.2 and 53), 0 (classes 12, 13, 14, 15), and 1/2 for the remaining accelerated investment incentive properties.
For more information on accelerated investment incentive properties, see guide T4002 or go to canada.ca/taxes-accelerated-investment-income .
Area B – Equipment additions in the year
1
Class
number
2
Property
description
3
Total cost
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9925Total equipment additions in the year: Total of column 5
Area C – Building additions in the year
1
Class
number
2
Property
description
3
Total cost
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9927Total of building additions in the year: Total of column 5
Area D – Equipment dispositions in the year
1
Class
number
2
Property
description
3
Proceeds of disposition
(should not be more than
the capital cost)
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9926Total equipment dispositions in the year: Total of column 5
Note: If you disposed of property in the year, see Chapter 3 of Guide T4002 for information about your proceeds of disposition.
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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Protected B when completed
Page 6 of 6
Area E – Building dispositions in the year
1
Class
number
2
Property
description
3
Proceeds of disposition
(should not be more than
the capital cost)
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9928Total building dispositions in the year: Total of column 5
Note: If you disposed of property in the year, see Chapter 3 of guide T4002 for information about your proceeds of disposition.
Area F – Land additions and dispositions in the year
9923
Total cost of all land additions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9924
Total proceeds from all land dispositions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Note: You cannot claim capital cost allowance on land. For more information, see Chapter 3 of Guide T4002.
See the privacy notice on your return.
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
Page 6 of 6
Area E – Building dispositions in the year
1
Class
number
2
Property
description
3
Proceeds of disposition
(should not be more than
the capital cost)
4
Personal part
(if applicable)
5
Business part
(column 3 minus
column 4)
9928Total building dispositions in the year: Total of column 5
Note: If you disposed of property in the year, see Chapter 3 of guide T4002 for information about your proceeds of disposition.
Area F – Land additions and dispositions in the year
9923
Total cost of all land additions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9924
Total proceeds from all land dispositions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Note: You cannot claim capital cost allowance on land. For more information, see Chapter 3 of Guide T4002.
See the privacy notice on your return.
Name: Rosy Evans SIN:046 454 286 Printed on:2020/04/19 06:19 EDT
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