Tax return for 2006 prepared for. Tania McIntyre. by UFile.ca

Transcription

1 2006 Tax return for 2006 prepared for Tania McIntyre by UFileca

2 Executive summary for 2006 taxation year Taxpayer Spouse Name Social insurance number Date of birth Province of residence Tania McIntyre /04/1974 Nova Scotia Richard Murray /12/1970 Nova Scotia Street Toronto St Toronto St City Toronto Toronto Province Ontario Ontario Postal code M5C 2B5 M5C 2B5 Home phone number Federal return Total income 150 Net income 236 Taxable income 260 Effective marginal tax rate Average tax rate (tax total income) Total tax payable 435 Balance due (refund) 484 or 485 Taxpayer Spouse Total for the couple 25,287 47,657 72,944 25,287 44,210 69,497 25,287 44,210 69, % 347% 142% 189% 3,579 9,296 12, ,812 8,266 Child tax benefit GST/HST credit Alternative minimum tax Total AMT credit to carry over Total RRSP deduction limit Unused RRSP contributions Capital gain exemption available Cumulative net investment loss (CNIL) Total instalments payable in ,552 8,563 13, , , ,000 (84 ) (84 ) 8,114 8, v

3 T1 - Summary Name SIN Tania McIntyre Date of birth Employment income ,287 Basic amount 300 8,839 Other empl income 104 Age amount 301 OAS pension 113 Spousal amount 303 CPP/QPP benefits 114 Eligible dependant 305 Other pensions 115 Infirm dependant 306 Universal child care 117 CPP/QPP empl 308 1,078 EI benefits 119 CPP/QPP self-empl 310 Dividends 120 EI premiums Dividends not elig 180 PPIP premiums paid 375 Interest 121 PPIP employment 376 Partnership 122 PPIP self-empl 378 Rental 126 Employment amt Capital gains 127 Public transit passes Support received 128 Adoption 313 RRSP 129 Pension inc amount 314 Other income 130 Caregiver amount 315 Business 135 Disability amount 316 Professional 137 Disability transfer 318 Commission 139 Student loan int 319 Farming 141 Tuition, education 323 Fishing 143 Tuition transfer 324 Workers' compens 144 Spousal transfer 326 Social assistance 145 Medical expenses 330 Supplement 146 Medical other dep 331 Total income ,287 Medical deduction 332 Total ,330 PA amount % 338 1,728 RPP contributions 207 Donations and gifts 349 RRSP contributions 208 Non refundable cr 350 1,728 Sask pension plan 209 Dues 212 Federal tax 406 2,128 Child care 214 Political 410 Attendant care 215 ITC 412 ABIL 217 Labour-sponsored 414 Moving 219 Line Support payments 220 Net federal tax 420 2,128 Interest expenses 221 CPP contribution 421 CPP/QPP self-empl 222 Repayment 422 PPIP self-empl 223 Provincial tax 428 1,451 Exploration exp 224 First Nations 432 Employment exp 229 Total payable 435 3,579 Clergy deduction 231 Deducted at source 437 3,120 Other deductions 232 Transfer 45% 438 Clawback 235 Line Net income ,287 Quebec abatement 440 Canadian Forces 244 CPP overpayment Loan deduction 248 EI overpayment 450 Shares deduction 249 Refundable medical 452 Other payments 250 Refund of ITC 454 Limited part loss 251 Part XII2 credit 456 Non capital loss 252 GST/HST rebate 457 Net capital loss 253 Instalments paid 476 Cap gains exempt 254 Provincial credits 479 Northern deduction 255 Total credits 482 3,125 Additional deduct 256 Refund 484 Taxable income ,287 Balance owing

4 Canada Revenue Agency McIntyre, Tania SIN: Apr 2010 CRA Agence du revenu du Canada T1 GENERAL 2006 RC Income Tax and Benefit Return Complete all the sections that apply to you in order to benefit from amounts to which you are entitled Identification Attach your personal label here Correct any wrong information If you are not attaching a label, print your name and address below First name and initial Mrs Tania Last name McIntyre Mailing address: Apt No - Street No Street name Toronto St PO Box City Prov/Terr Postal code Toronto ON M5C 2B5 Enter your province or territory of residence on December 31, 2006: RR Information about your residence Enter the province or territory where you currently reside if it is not the same as that shown above for your mailing address: If you were self-employed in 2006, enter the province or territory of self-employment: Nova Scotia If you became or ceased to be a resident of Canada in 2006, give the date of: month day month day entry or departure Information about you Enter your social insurance number (SIN) if you are not attaching a label: year month day Enter your date of birth: Your language of correspondence: English Français Votre langue de correspondance : X Check the box that applies to your marital status on December 31, 2006: (see the "Marital status" section in the guide for details) 1 X Married 2 Living common-law 3 Widowed 4 Divorced 5 Separated 6 Single Information about your spouse or common-law partner (if you checked box 1 or 2 above) Enter his or her SIN if it is not on the label, or if you are not attaching a label: Enter his or her first name: Richard Enter his or her net income for 2006 to claim certain credits: (see the guide for details) 44, Enter the amount of Universal Child Care Benefit included in his or her net income above (see the guide for details): Check this box if he or she was self-employed in 2006: 1 X Person deceased in 2006 If this return is for a deceased person, enter the date of death: Do not use this area year month day 7 Elections Canada THIS SECTION APPLIES ONLY TO CANADIAN CITIZENS DO NOT ANSWER THIS QUESTION IF YOU ARE NOT A CANADIAN CITIZEN As a Canadian citizen, I authorize the Canada Revenue Agency to provide my name, address, and date of birth to Elections Canada for the National Register of Electors Yes X 1 No 2 Your authorization is required each year This information will be used only for purposes permitted under the Canada Elections Act Goods and services tax/harmonized sales tax (GST/HST) credit application See the guide for details Are you applying for the GST/HST credit? Yes 1 No X 2 Do not use this area R

5 McIntyre, Tania SIN: Apr 2010 CRA Your guide contains valuable information to help you complete your return When you come to a line on the return that applies to you, look up the line number in the guide for more information Please answer the following question: Did you own or hold foreign property at any time in 2006 with a total cost of more than CAN$100,000? (read the "Foreign income" section in the guide for details) 266 Yes 1 No X 2 If yes, attach a completed Form T1135 If you had dealings with a non-resident trust or corporation in 2006, see the "Foreign income" section in the guide 2 As a Canadian resident, you have to report your income from all sources both inside and outside Canada Total income Employment income (box 14 on all T4 slips) 101 Commissions included on line 101 (box 42 on all T4 slips) 102 Other employment income Old Age Security pension (box 18 on the T4A(OAS) slip) CPP or QPP benefits (box 20 on the T4A(P) slip) Disability benefits included on line 114 (box 16 on the T4A(P) slip) 152 Other pensions or superannuation Universal Child Care Benefit (see the guide) Employment Insurance and other benefits (box 14 on the T4E slip) Taxable amount of dividends (eligible and other than eligible) from taxable Canadian corporations (see the guide and attach Schedule 4) Taxable amount of dividends other than eligible dividends, included on line 120, from taxable Canadian corporations 180 Interest and other investment income (attach Schedule 4) Net partnership income: limited or non-active partners only (attach Schedule 4) Rental income Gross 160 Net Taxable capital gains (attach Schedule 3) Support payments received Total 156 Taxable amount RRSP income (from all T4RSP slips) Other income Specify: Self-employment income (see lines 135 to 143 in the guide) Business income Gross 162 Net Professional income Gross 164 Net Commission income Gross 166 Net Farming income Gross 168 Net Fishing income Gross 170 Net Workers' compensation benefits (box 10 on the T5007 slip) 144 Social assistance payments , Net federal supplements (box 21 on the T4A(OAS) slip) Add lines 144, 145, and 146 (see line 250 in the guide) = Add lines 101, 104 to 143, and 147 This is your total income 150 = 25,287 00

6 McIntyre, Tania SIN: Apr 2010 CRA 3 Attach your Schedule 1 (federal tax) and Form 428 (provincial or territorial tax) here Also attach here any other schedules, information slips, forms, receipts, and documents that you need to include with your return Net income Enter your total income from line , Pension adjustment (box 52 on all T4 slips and box 34 on all T4A slips) 206 Registered pension plan deduction (box 20 on all T4 slips and box 32 on all T4A slips) 207 RRSP deduction (see Schedule 7 and attach receipts) Saskatchewan Pension Plan deduction (maximum $600) Annual union, professional, or like dues (box 44 on all T4 slips and receipts) Child care expenses (attach Form T778) Disability supports deduction Business investment loss Gross 228 Allowable deduction Moving expenses Support payments made Total 230 Allowable deduction Carrying charges and interest expenses (attach Schedule 4) Deduction for CPP or QPP contributions on self-employment and other earnings (attach Schedule 8) Exploration and development expenses (attach Form T1229) Other employment expenses Clergy residence deduction Other deductions Specify: Add lines 207 to 224, 229, 231, and = - Line 150 minus line 233 (if negative, enter "0") This is your net income before adjustments 234 = Social benefits repayment (if you reported income on line 113, 119, or 146, see line 235 in the guide) Line 234 minus line 235 (if negative, enter "0") If you have a spouse or common-law partner, see line 236 in the guide This is your net income 236 = 25, , Taxable income Canadian Forces personnel and police deduction (box 43 on all T4 slips) 244 Employee home relocation loan deduction (box 37 on all T4 slips) Security options deductions Other payments deduction (if you reported income on line 147, see line 250 in the guide) Limited partnership losses of other years Non-capital losses of other years Net capital losses of other years Capital gains deduction Northern residents deductions (attach Form T2222) Additional deductions Specify: Add lines 244 to = - Line 236 minus line 257 (if negative, enter "0") This is your taxable income 260 = 25, Use your taxable income to calculate your federal tax on Schedule 1 and your provincial or territorial tax on Form 428

7 McIntyre, Tania SIN: Apr 2010 CRA Refund or Balance owing 4 Net federal tax: enter the amount from line 50 of Schedule 1 (attach Schedule 1, even if the result is "0") 420 CPP contributions payable on self-employment and other earnings (attach Schedule 8) Social benefits repayment (enter the amount from line 235) , Provincial or territorial tax (attach Form 428, even if the result is "0") Add lines 420 to 428 This is your total payable 435 = 1, , Total income tax deducted (from all information slips) 437 Refundable Quebec abatement CPP overpayment (enter your excess contributions) Employment Insurance overpayment (enter your excess contributions) Refundable medical expense supplement Refund of investment tax credit (attach Form T2038(IND)) Part XII2 trust tax credit (box 38 on all T3 slips) , Employee and partner GST/HST rebate (attach Form GST370) Tax paid by instalments Provincial or territorial credits (attach Form 479 if it applies) Add lines 437 to 479 These are your total credits 482 = 3, , Line 435 minus line 482 = If the result is negative, you have a refund If the result is positive, you have a balance owing Enter the amount below on whichever line applies Generally, we do not charge or refund a difference of $2 or less Refund 484 Balance owing(see line 485 in the guide) Direct deposit - Start or change (see line 484 in the guide) Amount enclosed 486 You do not have to complete this area every year Do not complete it this year if your direct deposit information for your refund has not changed Refund and GST/HST credit - To start direct deposit or to change account information only, attach a "void" cheque or complete lines 460, 461, and 462 Notes: To deposit your CCTB payments (including certain related provincial or territorial payments) into the same account, also check box 463 To deposit your UCCB payments into the same account, also check box 491 Branch Institution number number Account number CCTB UCCB (5 digits) (3 digits) (maximum 12 digits) Attach to page 1 a cheque or money order payable to the Receiver General Your payment is due no later than April 30, 2007 I certify that the information given on this return and in any documents 490 For professional tax preparers only attached is correct, complete, and fully discloses all my income Name: Address: Sign here It is a serious offence to make a false return Telephone (416) Date Telephone: Do not use this area RC Privacy Act Personal Information Bank number CRA/P-PU-005 i

8 McIntyre, Tania SIN: Apr 2010 CRA T Federal Tax Schedule 1 Complete this schedule to claim your federal non-refundable tax credits and to calculate your net federal tax You must attach a copy of this schedule to your return Enter your taxable income from line 260 of your return 25, If line 1 is more If line 1 is more Use the amount on line 1 to determine which than $36,378 but more than $72,756 ONE of the following columns you have to If line 1 is not more than but not more than If line 1 is more complete $36,378 or less $72,756 $118,285 than $118,285 Enter the amount from line 1 25, Base amount 00, , , , Line 2 minus line 3 (cannot be negative) = 25, = 4 = 4 = 4 Rate 1525% 5 22% 5 26% 5 29% 5 Multiply line 4 by line 5 = 3, = 6 = 6 = 6 Tax on base amount 0, , , , Add lines 6 and 7 = 3, = 8 = 8 = 8 Federal non-refundable tax credits (Read the guide for details about these credits) Basic personal amount claim $8, , Age amount (if you were born in 1941 or earlier) (maximum $5,066) Spouse or common-law partner amount: Base amount 8, Minus: his or her net income (from page 1 of your return) - Result: (if negative, enter "0") = (maximum $7,505) Amount for an eligible dependant (attach Schedule 5) (maximum $7,505) Amount for infirm dependants age 18 or older (attach Schedule 5) CPP or QPP contributions: through employment from box 16 and box 17 on all T4 slips (maximum $1,91070) , on self-employment and other earnings (attach Schedule 8) Employment Insurance premiums from box 18 and box 55 on all T4 slips (maximum $72930) Canada employment amount (see the guide) (maximum $250) Public transit passes amount (see the guide) Adoption expenses Pension income amount (maximum $2,000) Caregiver amount (attach Schedule 5) Disability amount (for self) Disability amount transferred from a dependant Interest paid on your student loans Tuition, education and textbook amounts (attach Schedule 11) Tuition, education and textbook amounts transferred from a child Amounts transferred from your spouse or common-law partner (attach Schedule 2) Medical expenses for self, spouse or common-law partner, and your dependent children born in 1989 or later (see the guide) 330 Minus: $1,884 or 3% of line 236, whichever is less - Subtotal (if negative, enter "0") = (A) Allowable amount of medical expenses for other dependants (see the calculation at line 331 in the guide and attach Schedule 5) (B) Add lines (A) and (B) = Add lines 9 to = 11, Multiply the amount on line 29 by 1525% 338 = 1, Donations and gifts (attach Schedule 9) Total federal non-refundable tax credits: add lines 30 and = 1, S1 continue on the next page

9 McIntyre, Tania SIN: Apr 2010 CRA Net federal tax Enter the amount from line 8 on page 1 3, Federal tax on split income (from line 5 of Form T1206) Add lines 33 and = 3, , Enter the amount from line 32 on page , Federal dividend tax credit (see line 425 in the guide) Overseas employment tax credit (attach Form T626) Minimum tax carryover (attach Form T691) Add lines 36 to 39 = 1, , Basic federal tax: line 35 minus line 40 (if negative, enter "0") 429 = 2, Federal foreign tax credit: Where you only have foreign non-business income, calculate your federal foreign tax credit below Otherwise, use Form T2209, Federal Foreign Tax Credits, if you have foreign business income Enter on this line the amount that you calculated Federal tax: line 41 minus line 42 (if negative, enter "0") 406 = 2, Total federal political contributions (attach receipts) 409 Federal political contribution tax credit (see the guide) Investment tax credit (attach Form T2038(IND)) Labour-sponsored funds tax credit Net cost 413 Allowable credit Add lines 44 to = - 47 Line 43 minus line 47 (if negative, enter "0") (if you have an amount on line 34 above, see Form T1206) 417 = 2, Additional tax on RESP accumulated income payments (attach Form T1172) Net federal tax: add lines 48 and 49 Enter this amount on line 420 of your return 420 = 2, Federal foreign tax credit: (see lines 431 and 433 in the guide) Make a separate calculation for each foreign country Enter on line 42 above the result from line (i) or (ii), whichever is less Non-business income tax paid to a foreign country 431 (i) Net foreign non-business income * 433 Basic federal = (ii) Net income ** tax *** * Reduce this amount by any income from that foreign country for which you claimed a capital gains deduction, and by any income from that country that was, under a tax treaty, either exempt from tax in that country or deductible as exempt income in Canada (included on line 256) Also reduce this amount by the lesser of lines E and F on Form T626 ** Line 236 plus the amount on line 4 of Form T1206, minus the total of the amounts on lines 244, 248, 249, 250, 253, 254, and minus any amount included on line 256 for foreign income deductible as exempt income under a tax treaty, income deductible as net employment income from a prescribed international organization, or non-taxable tuition assistance from box 21 of the T4E slip If the result is less than the amount on line 433, enter your Basic federal tax*** on line (ii) *** Line 41 plus the amount on lines 37 and 38, and minus any refundable Quebec abatement (line 440) and any federal refundable First Nations abatement (line 441 on the return for residents of Yukon) 5000-S1

10 McIntyre, Tania SIN: Apr 2010 T CPP Contributions Schedule 8 on Self-Employment and Other Earnings Complete this schedule to determine the amount of your Canada Pension Plan (CPP) contributions if: you reported self-employment income on lines 135 to 143 of your return; you reported business or professional income from a partnership on line 122 of your return; or you made an election on Form CPT20 to pay additional CPP contributions on other earnings Attach a copy of this schedule to your return See line 222 in the guide for more information Pensionable net self-employment earnings (amounts from line 122 and lines 135 to 143 of your return) 1 Employment earnings not shown on a T4 slip on which you elect to pay additional CPP contributions (attach Form CPT20) Add lines 1 and 2 (if the result is negative, enter "0") = 3 Enter the amount from box 26 (or if blank, box 14) on all T4 slips (this amount already includes the amount entered on line 11 of Form CPT20, if it applies) + 25, Total pensionable earnings (add lines 3 and 4) = 25, Basic exemption claim $3,500-3, Earnings subject to contribution: line 5 minus line 6 (if negative, enter "0") (maximum $38,600) = 21, Multiply the amount on line 7 by 99% = 2, Contributions through employment (from box 16 and box 17 on all T4 slips) 1, = - 2, CPP contributions payable on self-employment and other earnings: Line 8 minus line 9 (if negative, enter "0") Enter this amount on line 421 of your return = 10 Deduction and tax credit for CPP contributions on self-employment and other earnings: Amount from line 10 50% = 11 Enter the amount from line 11 on line 222 of your return and on line 310 of Schedule S8

11 McIntyre, Tania SIN: Apr 2010 CRA NS428 Nova Scotia Tax and Credits T1 General Complete this form and attach a copy of it to your return For details, see the Provincial Worksheet and pages 1 to 6 in the forms book Step 1 - Nova Scotia tax on taxable income Enter your taxable income from line 260 of your return 25, Use the amount on line 1 to determine which ONE of the If line 1 is more than If line 1 is more following columns you have to complete If line 1 is $29,590, but not more than $59,180, but not If line 1 is more Enter the amount from line 1 $29,590 or less than $59,180 more than $93,000 than $93,000 in the applicable column 25, , , , Line 2 minus line 3 (cannot be negative) = 25, = = = 4 879% 1495% 1667% 175% 5 Multiply line 4 by line 5 = 2, = = = , , , Add lines 6 and 7 Nova Scotia tax Go to Step 2 on taxable income = 2, = = = 8 Step 2 - Nova Scotia non-refundable tax credits For internal use only 5602 Basic personal amount claim $7, , Age amount (if born in 1941 or earlier) (use provincial worksheet) Spouse or common-law partner amount Base amount 6, Minus: his or her net income from page 1 of your return - Result: (if negative, enter "0") = (maximum $6,140) Amount for an eligible dependant (use provincial worksheet) Amount for infirm dependants age 18 or older (use provincial worksheet) (see line 5823 in the forms book) Amount for young children Number of months 6372 $100 = Canada Pension Plan or Quebec Pension Plan contributions: (amount from line 308 of your federal Schedule 1) , (amount from line 310 of your federal Schedule 1) Employment Insurance premiums (amount from line 312 of your federal Schedule 1) Pension income amount (maximum $1,000) (see line 5836 in the forms book) Caregiver amount (use provincial worksheet) Disability amount (for self) (see line 5844 in the forms book) Disability amount transferred from a dependant (use provincial worksheet) Sport and recreational expenses for children (see line 5849 in the forms book) Interest paid on your student loans (amount from line 319 of your federal Schedule 1) Your tuition and education amounts [attach Schedule NS(S11)] Tuition and education amounts transferred from a child Amounts transferred from your spouse or common-law partner [attach Schedule NS(S2)] Medical expenses from line 330 of your federal Schedule Enter $1,637 or 3% of line 236, whichever is less - 28 Line 27 minus line 28 (if negative, enter "0") = 29 Allowable amount of medical expenses for other dependants calculated for line 5872 on the Provincial Worksheet Add lines 29 and = + 31 Add lines 9 through 26, and line = 8, , Non-refundable tax credit rate 879% 33 Multiply line 32 by line = Donations and gifts: Amount from line 345 of your federal Schedule 9 879% = 35 Amount from line 347 of your federal Schedule 9 175% = + 36 Add lines 35 and = + 37 Add lines 34 and 37 Nova Scotia non-refundable tax credits 6150 = Go to Step 3 on the back 5003-C

12 Step 3 - Nova Scotia tax McIntyre, Tania SIN: Apr 2010 CRA Enter your Nova Scotia tax on taxable income from line 8 2, Enter your Nova Scotia tax on split income, if applicable, from Form T Add lines 39 and 40 = 2, Enter your Nova Scotia non-refundable tax credits from line Nova Scotia dividend tax credit: Credit calculated for line 6152 on the Provincial Worksheet Nova Scotia overseas employment tax credit: Amount from line 426 of federal Schedule 1 575% = Nova Scotia minimum tax carryover: Amount from line 427 of federal Schedule 1 575% = Add lines 42 through 45 = Line 41 minus line 46 (if negative, enter "0") = 1, Nova Scotia additional tax for minimum tax purposes: Amount from line 117 of Form T % = + 48 Add lines 47 and 48 = 1, Nova Scotia surtax: (Amount from line 49 1, minus $10,000) 10% (if negative, enter "0") Add lines 49 and 50 = 1, Enter the provincial foreign tax credit from Form T Line 51 minus line 52 = 1, Nova Scotia low-income tax reduction If you had a spouse or common-law partner on December 31, 2006, you have to agree on who will claim the tax reduction as only one of you can make this claim for your family Basic reduction claim $ Reduction for spouse or common-law partner claim $ Reduction for an eligible dependant claimed at line 5816 claim $ Reduction for dependent children born in 1988 or later: Number of dependent children 6099 $165 = + 57 Add lines 54 through 57 = 58 Enter your net income from line 236 of your return 59 Enter your spouse or common-law partner's net income from page 1 of your return + 60 Add lines 59 and 60 = 61 Universal child care benefit income Enter the amount from line 117 of your return or your spouse or common-law partner's return - 62 Net family income: Line 61 minus line 62 = 63 Base amount - 15, Line 63 minus line 64 (if negative, enter "0") = 65 Applicable rate 5% 66 Multiply line 65 by line 66 = - 67 Line 58 minus line 67 (if negative, enter "0") Nova Scotia low-income tax reduction = Line 53 minus line 68 (if negative, enter "0") = 1, Political contribution tax credit Nova Scotia political contributions made in Credit calculated for line 71 on the Provincial Worksheet (maximum $500) - 71 Line 69 minus line 71 (if negative, enter "0") = 1, Labour-sponsored venture capital tax credit Cost of shares from Form NSLSV 20% = (max $1,000) Line 72 minus line 73 (if negative, enter "0") = 1, Post-secondary graduate tax credit Post-secondary graduate tax credit (see line 75 in the forms book) claim $1, Line 74 minus line 75 (if negative, enter "0") = 1, Equity tax credit Enter the equity tax credit calculated on Form T Line 76 minus line 77 (if negative, enter "0") Enter this amount on line 428 of your return Nova Scotia tax = 1, C

13 McIntyre, Tania SIN: Apr 2010 CRA Canada Revenue Agency Agence du revenu du Canada EMPLOYEE OVERPAYMENT OF 2006 CANADA PENSION PLAN CONTRIBUTIONS AND 2006 EMPLOYMENT INSURANCE PREMIUMS To determine any overpayment of Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) contributions made through employment if you had no self-employment earnings and you were not a resident of Quebec on December 31, 2006, complete Part 1 If you were a resident of Quebec on December 31, 2006, and you made CPP or QPP contributions, see your Quebec provincial income tax guide Part 1 - Calculating your Canada Pension Plan overpayment If any of the following situations apply to you, determine the amounts for lines 1, 2, 3, and 5, by using the table below and your applicable number of months: If you turned 18 in 2006, use the number of months in the year after the month you turned 18 If you turned 70 in 2006, use the number of months in the year up to and including the month you turned 70 If you received, or were entitled to receive a CPP retirement pension, or a CPP or QPP disability pension for part of 2006, use the number of months in the year you did not or were not entitled to receive the pension If the individual died in 2006, use the number of months in the year up to and including the month the individual died Total CPP pensionable earnings (box 26 or, if blank, box 14 of your T4 slips) (maximum $ 42,100) 1 Basic CPP exemption (maximum $ 3,500) - 2 Earnings subject to contribution (if negative, enter "0") (maximum $ 38,600) = 3 Total CPP and QPP contributions deducted (from boxes 16 and 17 of your T4 slips) 4 Required contribution: multiply line 3 by 495% (maximum $1,91070) - 5 Line 4 minus line 5 (if negative, enter "0") Canada Pension Plan overpayment = 6 If the amount from line 6 is positive, enter it on line 448 of your return If negative, you can choose to make additional CPP contributions See "Making additional CPP contributions" on page 35 of the General Income Tax and Benefit Guide Enter the amount from line 4 or 5, whichever is less, on line 308 of Schedule 1 and, if it applies, on line 5824 of Form 428 Monthly proration table for 2006 Applicable Line 1 Line 2 Line 3 Line 5 number of Maximum amount of Maximum amount of Maximum amount of Maximum amount of months total CPP pensionable earnings basic CPP exemption earnings subject to contribution required contribution 1 $ 3,50833 $ $ 3,21667 $ $ 7,01667 $ $ 6,43334 $ $ 10,52500 $ $ 9,65001 $ $ 14,03333 $ 1,16666 $ 12,86667 $ $ 17,54167 $ 1,45833 $ 16,08334 $ $ 21,05000 $ 1,74999 $ 19,30001 $ $ 24,55833 $ 2,04166 $ 22,51667 $ 1, $ 28,06667 $ 2,33333 $ 25,73334 $ 1, $ 31,57500 $ 2,62499 $ 28,95001 $ 1, $ 35,08333 $ 2,91666 $ 32,16667 $ 1, $ 38,59167 $ 3,20833 $ 35,38334 $ 1, $ 42,10000 $ 3,50000 $ 38,60000 $ 1,91070 To determine any overpayment of Employment Insurance (EI) premiums, complete Part 2 To be refunded, the amount of the EI overpayment has to be more than $1 If you were a resident of Quebec on December 31, 2006, see your Quebec provincial income tax guide Part 2 - Calculating your Employment Insurance overpayment Total EI insurable earnings (box 24 or, if blank, box 14 of your T4 slips) (maximum $39,000 If $2,000 or less, enter "0") 1 Total premiums deducted: Residents of other than Quebec (from box 18 and box 55 of all your T4 slips) Quebec residents (from box 18 of all your T4 slips) 2 Line 1 minus $2,000 (if negative, enter "0") - 3 Line 2 minus line 3 (if negative, enter "0") = 4 Total premiums deducted: Residents of other than Quebec (from box 18 and box 55 of all your T4 slips) Quebec residents (from box 18 of all your T4 slips) 5 Required premium: Residents of other than Quebec (multiply line 1 by 187%) (maximum $72930) Quebec residents (multiply line 1 by 153%) (maximum $59670) - 6 Line 5 minus line 6 (if negative, enter "0") = 7 Enter the amount from line 4 or line 7, whichever is greater Employment Insurance overpayment 8 Enter the amount from line 8 on line 450 of your return only if it is more than $1 Enter the amount from line 3, 5, or 6, whichever is least, on line 312 of Schedule 1 and, if it applies, on line 5832 of Form 428 T2204 (06) 25, , , , ,

14 Notes and diagnostics Name: SIN: Tania McIntyre Tax year: 2006 UserID: Password: xinit Calculated at 07:20: by program version by UFileca You have chosen not to NETFILE the federal return FEDERAL - MEDICAL EXPENSE TAX CREDIT Amount of medical expenses needed to be eligible for the medical expense tax credit if these expenses are claimed on this tax return: The lesser of $1,844 or 3% of the net income (line 236) Medical expenses (line 330) - Amount of medical expenses needed to be eligible for the medical expense tax credit = Diagnostics page 1 of 1

15 Assembly Instructions Name: Tania McIntyre SIN: Assembling the federal tax return If you submit your tax return via Netfile and it is accepted by the CRA, you do not have to send a printed copy to the CRA However, the CRA reserves the right to request any supporting documentation such as T4 slips, charity and medical receipts, etc You must therefore keep these documents and a copy of the tax return in a safe place for a period of 6 years in case you are asked to supply them to the CRA (ref sub 230(4)) T1 Federal tax return, pages 1 and 2 All other applicable enclosures should be attached horizontally to the top left-hand corner of page 3 of the return T4 slips, then all others in any order (NR4, T3, T5, etc) All other schedules All other forms All other receipts and slips T1 Federal tax return, pages 3 and 4 The taxpayer should sign the following: T1 - Federal tax return, page 4

16 Registered Retirement Savings Plan Schedule McIntyre, Tania SIN: Apr 2010 Table C CALCULATION OF RRSP DEDUCTION IN 2006 Contributions available for RRSP deduction Maximum RRSP deduction limit in 2006 RRSP deduction before transfers Direct or indirect transfers TOTAL RRSP DEDUCTION (per line 208) 0 Table D CALCULATION OF EARNED INCOME FOR AN RRSP 2006 CALCULATION IN REFERENCE TO 2007 RRSP ELIGIBILITY Employment income (lines 101 and 104) Less: Union, professional or like dues (line 212) - Employment expenses (line 229) - Subtotal (employment income) = 25,287 25,287 Plus: Net Income from a business (lines ) Disability payments received from the CPP or QPP + Royalties for a work or invention + Net rental income from real property + Alimony or maintenance income received (line 128) + Net research grants you received + Employee profit sharing plan allocations- T4PS-Box 35 + Supplementary unemployment benefit plan payments + Subtotal - total eligible income Less: Current-year loss from a business (lines ) Deemed taxable capital gain re: eligible capital property - Current-year rental loss (line 126) - Alimony or maintenance income paid (line 220) - Subtotal - amount to be deducted = 25,287 EARNED INCOME 25,287 Earned income limit (18% of earned income): 25,287 x 18% = 4,552 RRSP dollar limit for ,000 The lesser of earned income limit and RRSP dollar limit for ,552 Less: Total PA from Maximum RRSP deduction in 2007 before PSPA = 4,552 Table E CALCULATION OF ELIGIBLE RRSP DEDUCTION LIMIT FOR 2007 Unused Room for 2006 Less: RRSP deduction (excluding transfers) - Deduction to Saskatchewan Pension Plan net PSPA (from RPP administrator's statement) - Eligible RRSP Room after PSPA = Add: Maximum RRSP deduction in 2007 based on 2006 earned income + Maximum RRSP deduction limit after PSPA for 2007 = 0 4,552 4,552 Page 1 of 2

17 Registered Retirement Savings Plan Schedule (continued) McIntyre, Tania SIN: Apr 2010 Table G CALCULATION OF RRSP CONTRIBUTION LIMIT 2007 Maximum RRSP deduction limit after PSPA for 2007 Less: Undeducted premiums - RRSP CONTRIBUTION LIMIT FOR ,552 4,552 Page 2 of 2

18 Summary of carryforward amounts to 2007 Name: SIN: Tania McIntyre Subject Amount Reference form GST GST rebate GST-370 line 13 CNIL Expense T936 line 16 Income T936 line 19 RPP RPP pre-1990 contributions (not a contributor) RPP pre-1990 contributions (contributor) RPP schedule (Area E l24) RPP schedule (Area E l25) RRSP Eligible amount 4,552 RRSP schedule (Table D) Room from previous years RRSP schedule (Table E) PSPA from previous year RRSP schedule (Table E) Undeducted premiums RRSP schedule (Table F) Transitional amount RRSP schedule (Table F) HOME BUYER'S PLAN Outstanding amount to repay RRSP schedule (Table H) Number of years left RRSP schedule (Table H) Amount to repay annually RRSP schedule (Table H) DONATIONS Donations Charitable donations sched TUITION Tuition and educations amounts Schedule 11, line 25 Tuition and educations amounts - Provincial Schedule 11 P, line 21 Interest paid on a student loan INVESTMENT TAX CREDIT Investment tax credit T2038 column 9 ALTERNATIVE MINIMUM TAX Alternative minimum tax T691 line 129 FOREIGN BUSINESS TAX CREDIT Foreign business tax credit MOVING EXPENSES Moving expenses Schedule of foreign income T1M PROVINCIAL TAX CREDITS Venture capital tax credit BC479 Equity tax credit T1285 Logging tax credit BC428 Attributed Canadian royalty income T79 line 23 Employee ownership tax credit ON428 Community Enterprise Development tax credit T1286 Small Business Investment tax credit NB428, YK479

19 Employment income summary McIntyre, Tania SIN: Apr 2010 Employer :- Art Institute Place of employment :- Nova Scotia Employment income before deductions 14 CPP/QPP contributions 16/17 EI Premiums 18 Registered pension plan contributions 20 Income tax deducted 22 EI insurable earnings 24 Pensionable earnings 26 Private health service plan Employment commissions 42 Union dues 44 Charitable donations 46 Pension adjustment 52 Employee's PPIP premiums 55 Box T4 25, , , , , Page 1 of 1

20 McIntyre, Tania SIN: Apr 2010 T Federal Worksheet 437 Income tax deducted T4 Art Institute 3, Total income tax deducted Enter this amount on line 437 of your return = 3,120 39