T1 General - Yukon Tax

This calculator, relevant to Yukon, comprises 3 steps to calculate the figure for line 428 of your tax return:

Step 1 - Yukon non-refundable tax credits

Step 2 - Yukon tax on taxable income

Step 3 - Yukon tax

Yukon Tax and Credits

Step 1 - Yukon non-refundable tax credits
Basic personal amount					claim $11,327		5804		1
Age amount (amount from line 301 of your federal Schedule 1)					(maximum $7,033)		5808	+	2
Spouse or common-law partner amount (amount from line 303 of your federal Schedule 1)							5812	+	3
Amount for an eligible dependant (amount from line 305 of your federal Schedule 1)							5816	+	4
Family caregiver amount for children under 18 years of age (amount from line 367 of your federal Schedule 1)							5825	+	5
Amount for infirm dependants age 18 or older (amount from line 306 of your federal Schedule 1)							5820	+	6
CPP or QPP contributions:
	(amount from line 308 of your federal Schedule 1)						5824	+	•7
	(amount from line 310 of your federal Schedule 1)						5828	+	•8
Employment insurance premiums:
	(amount from line 312 of your federal Schedule 1)						5832	+	•9
	(amount from line 317 of your federal Schedule 1)						5829	+	•10
Canada employment amount (amount from line 363 of your federal Schedule 1)							5834	+	11
Public transit amount (amount from line 364 of your federal Schedule 1)							5835	+	12
Children's arts amount (amount from line 370 of your federal Schedule 1)							5841	+	13
Adoption expenses (amount from line 313 of your federal Schedule 1)							5833	+	14
Pension income amount (amount from line 314 of your federal Schedule 1)					(maximum $2,000)		5836	+	15
Caregiver amount (amount from line 315 of your federal Schedule 1)							5840	+	16
Disability amount (for self) (Claim $7,454, or if you were under 18 years of age, use the Provincial Worksheet.)							5844	+	17
Disability amount transferred from a dependant (amount from line 318 of your federal Schedule 1)							5848	+	18
Interest paid on your student loans (amount from line 319 of your federal Schedule 1)							5852	+	19
Your tuition, education, and textbook amounts [use and attach Schedule YT(S11)]							5856	+	20
Tuition, education, and textbook amounts transferred from a child							5860	+	21
Amounts transferred from your spouse or common-law partner [use and attach Schedule YT(S2)]							5864	+	22
Medical expenses:
Amount from line 330 of your federal Schedule 1			5868			23
Enter $2,208 or 3% of line 236 of your return, whichever is less.				-		24
Line 23 minus line 24 (if negative, enter "0")				=		25
Allowable amount of medical expenses for other dependants from line 331 of your federal Schedule 1			5872	+		26
Add lines 25 and 26.			5876				►	+	27
Add lines 1 to 22, and line 27.							5880	=	28
Yukon non-refundable tax credit rate (%)								x	29
Multiply line 28 by line 29.							5884	=	30
Donations and gifts:
Amount from line 345 of your federal Schedule 9		x 6.4% =				31
Amount from line 347 of your federal Schedule 9		x 12.8% =		+		32
Add lines 31 and 32.			5896	=			►	+	33
Add lines 30 and 33. Enter this amount on line 46.			Yukon non-refundable tax credits				6150	=	34

Step 2 - Yukon tax on taxable income
Enter your taxable income from line 260 of your return.												35
Complete the appropriate column depending on the amount on line 35.		Line 35 is $44,701 or less		Line 35 is more than $44,701 but not more than $89,401		Line 35 is more than $89,401 but not more than $138,586		Line 35 is more than $138,586 but not more than $500,000		Line 35 is more than $500,000
Enter the amount from line 35												36
		-		-		-		-		-		37
Line 36 minus line 37 (cannot be negative)		=		=		=		=		=		38
		x	%	x	%	x	%	x	%	x	%	39
Multiply line 38 by line 39		=		=		=		=		=		40
		+		+		+		+		+		41
Add lines 40 and 41	Yukon tax on taxable income	=		=		=		=		=		42

Step 3 - Yukon tax
Enter your Yukon tax on taxable income from line 42.						43
Enter your Yukon tax on split income from Form T1206.				6151	+	•44
Add lines 43 and 44.					=	45
Enter your Yukon non-refundable tax credits from line 34.				46
Yukon dividend tax credit: Credit calculated for line 6152 on the Provincial Worksheet		6152	+	•47
Yukon overseas employment tax credit: Amount from line 426 of your federal Schedule 1	x 42.67% =	6153	+	•48
Yukon minimum tax carryover: Amount from line 427 of your federal Schedule 1	x 42.67% =	6154	+	•49
Add lines 46 to 49.			=	►	-	50
Line 45 minus line 50 (if negative enter "0")					=	51
Yukon additional tax for minimum tax purposes: Amount from line 117 of Form T691	x 42.67% =				+	52
Add lines 51 and 52					=	53
Enter the territorial foreign tax credit from Form T2036.					-	54
Line 53 minus line 54 (if negative enter "0")					=	55

Yukon political contribution tax credit
Enter your Yukon political contributions made in 2024.	6385		56
Credit calculated for line 57 on the Territorial Worksheet		(maximum $500)		-	57
Line 55 minus line 57 (if negative, enter "0") Enter the result on line 428 of your return.		Yukon tax		=	58

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T1 General - Yukon Tax