T1 General - Yukon Provincial Worksheet

The worksheet below performs the calculations applicable to Form YT428, Yukon Tax, and Form YT479, Yukon Credits.

These are:

Line 6152 - Yukon dividend tax credit

Line 57 - Yukon political contribution tax credit

Lines 7 to 9 - Unused small business investment tax credit

Lines 17 to 19 - Unused labour-sponsored venture capital corporation tax credit

Yukon Provincial Worksheet

Line 6152 - Yukon dividend tax credit
Calculate the amount to enter on line 6152 of Form YT428 by completing one of the two following calculations:
If you entered an amount on line 120 but no amount on line 180 of your return, complete the following:
Line 120 of your return		x 15%	=
Enter this amount on line 6152 of Form Yt428.
If you entered amounts on lines 180 and 120 of your return, complete the following:
Line 120 of your return	1
Line 180 of your return	2	x 3.17%	=	3
Line 1 minus line 2	4	x 15%	=	5
Add lines 3 and 5.				6
Enter this amount on line 6152 of Form YT428.

Line 57 - Yukon political contribution tax credit
If your total political contributions (line 56 of Form YT428) were more than $1,150, enter $500 on line 57 of Form YT428.
Otherwise enter the amount on line 56 of Form YT428 here
	Line 56 is $100 or less		Line 56 is more than $100 but not more than $550		Line 56 is more than $550
Total Contributions							1
	-		-		-		2
Line 1 minus line 2 (cannot be negative)	=		=		=		3
	x	%	x	%	x	%	4
Multiply line 3 by line 4 (%)	=		=		=		5
	+		+		+		6
Add lines 5 and 6.	=		=		=		7
Enter this amount on line 57 of Form YT428.
Lines 7 to 9 - Unused small business investment tax credit
Amount from line 4 of Form YT479							1
Amount from line 6 of Form YT479					-		2
Line 1 minus line 2					=		3
Enter on line 7 of Form YT479 any part of the amount from line 3 you want to carry back to 2023 to reduce your Yukon tax. Enter on line 8 any amount you want to carry back to 2013 and on line 9 any amount you want to carry back to 2012.
Lines 17 to 19 - Unused labour-sponsored venture capital corporation tax credit
Amount from line 12 of Form YT479							1
Amount from line 16 of Form YT479							2
Line 1 minus line 2							3
Enter on line 17 of Form YT479, any part of the amount from line 3 you want to carry back to 2023 to reduce your Yukon tax. Enter on line 18 any amount you want to carry back to 2013 and on line 19 any amount you want to carry back to 2012.

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