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PE428 Prince Edward Island Tax and Credits - T1 General - 2017

Prepare and submit a mandatory individual case assignment on income tax and benefit return using T1 forms and schedules. The assignment is worth 20% of the final marks and is due on August 2, 2018.

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Added on  2023-06-10

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The PE428 form is used to claim non-refundable tax credits and calculate Prince Edward Island tax on taxable income. This form includes information on tax credits such as basic personal amount, age amount, spouse or common-law partner amount, eligible dependant amount, and more. It also includes details on deductions such as medical expenses, donations and gifts, and tuition and education amounts. The form is applicable for T1 General - 2017 and is to be attached to your return.

PE428 Prince Edward Island Tax and Credits - T1 General - 2017

Prepare and submit a mandatory individual case assignment on income tax and benefit return using T1 forms and schedules. The assignment is worth 20% of the final marks and is due on August 2, 2018.

   Added on 2023-06-10

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Prince Edward Island
Tax and Credits
PE428
T1 General – 2017
Complete this form and attach a copy to your return. For more information, see the forms book.
Step 1 – Prince Edward Island non-refundable tax credits
5601For internal use only
5804 1Basic personal amount claim $8,160
5808 2Age amount, if born in 1952 or earlier (use the Provincial Worksheet) (maximum $3,764) +
Spouse or common-law partner amount
Base amount
Minus: their net income from page 1 of your return –
5812 3Result: (if negative, enter "0") = (maximum $6,931)
◄ +
Eligible dependant amount
Base amount
Minus: their net income from line 236 of their return –
5816 4Result: (if negative, enter "0") = (maximum $6,931)
◄ +
5820 5Amount for infirm dependants age 18 or older (use the Provincial Worksheet) +
5823 6Amount for young children (complete chart on last page) 6372Number of months × $100 = +
CPP or QPP contributions:
5824 7(amount from line 308 of your federal Schedule 1) + •
5828 8(amount from line 310 of your federal Schedule 1) + •
Employment insurance premiums:
5832 9(amount from line 312 of your federal Schedule 1) + •
5829 10(amount from line 317 of your federal Schedule 1) + •
5836 11Pension income amount (maximum $1,000) +
5840 12Caregiver amount (use the Provincial Worksheet) +
5844 13
Disability amount for self
(claim $6,890 or, if you were under 18 years of age, use the Provincial Worksheet.) +
5848 14
Disability amount transferred from a dependant
(use the Provincial Worksheet) +
5850 15Teacher school supply amount (maximum $500) +
5852 16Interest paid on your student loans (amount from line 319 of your federal Schedule 1) +
5856 17Your tuition and education amounts (attach Schedule PE(S11)) +
5860 18Tuition and education amounts transferred from a child +
5864 19Amounts transferred from your spouse or common-law partner (attach Schedule PE(S2)) +
Medical expenses:
5868 20Amount from line 330 of your federal Schedule 1
21Enter $1,678 or 3% of line 236 of your return, whichever is less. –
22Line 20 minus line 21 (if negative, enter "0") =
5872 23
Allowable amount of medical expenses for other dependants
(use the Provincial Worksheet) +
5876 24Add lines 22 and 23. =
◄ +
5880 25Add lines 1 to 19, and line 24. =
26Prince Edward Island non-refundable tax credit rate ×
5884 27Multiply line 25 by line 26. =
Donations and gifts:
28Amount from line 16 of your federal Schedule 9 × 9.8% =
29Amount from line 17 of your federal Schedule 9 × 16.7% = +
5896 30Add lines 28 and 29. =
◄ +
6150 31Prince Edward Island non-refundable tax credits
Add lines 27 and 30.
Enter this amount on line 43. =
Continue on the next page.
5002-C
PE428 Prince Edward Island Tax and Credits - T1 General - 2017_1

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