Schedule NB(S12)

New Brunswick Seniors' Home Renovation Tax Credit

This calculator allows you to calculate the New Brunswick seniors' home renovation tax credit.

This schedule can be completed if you have eligible home renovation expenses.

Schedule NB(S12) Calculator

New Brunswick Seniors' Home Renovation Tax Credit
		Supplier or contractor
row	Date on sales slip or contract	Name	GST/HST No. (if applicable)	Description		Amount paid (including all applicable taxes)
1
2						+
3						+
4						+
5						+
6						+
7						+
8						+
9						+
10						+
11						+
12						+
13						+
14						+
15						+
16						+
17						+
				Total eligible expenses		=	1
Amount of government assistance received or receivable included in the amount on line 1						-	2
Line 1 minus line 2				(maximum $10,000)		=	3
Amount of eligible expenses included in the amount entered on line 1 that is claimed by other eligible individuals						-	4
Line 3 minus line 4				Home renovation expenses	6036	=	5
Applicable rate (%)						x	6
Line 5 multiplied by line 6. Enter this amount on line 479 of your return.				New Brunswick Seniors' Home Renovation Tax Credit		=	7