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Creative Computers CD-ROM, Volume 1 (Legendary Design Technologies, Inc.)(1994).iso
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schedule.7.form
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1994-11-17
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77 lines
LINES=31
^\` Name: \~ A07_\; S.I.N #: \~ A00_\;
}\bSchedule 7 - Child Tax Cr. & Federal Sales Tax Cr.
'\bPart A - Calculation of Income for Tax Credits
<\`\b* This area must be completed if you are claiming a Child Tax Credit
<\`\b and/or a Federal Sales Tax Credit.
`* If a person, other than your spouse is considered to be a supporting person
` of an eligible or a qualified child, enter that person's Net
` Income on line 3 below. See Guide for the definition of
` "other supporting person".
`* Your spouse and/or an "other supporting person" must complete and sign the
` certification below if you resided together at the end of 1990.
<\`
'My Net Income 1 \~ K00_\;
>from line 236 on page 2 - Do not override this value
'My spouse's Net Income \b547\p 2 \~ K01_\; .
>Do not override this value. If you must do so on the Personal Info Worksheet
'Other supporting person's Net Income \b548\p 3 \~ K02_\; .
'Net Federal Supplements \`(from Box (H) on T4A(OAS)),
' social assistance payments and workers'
' compensation payments received in year \b549\p 4 \~ K03_\;
'Income to enter on line 11 and/or line 22 below 5 \~ K04_\;
<\`
`\bCertification by Spouse and/or Supporting Person Other than Spouse
`I hereby certify that the Net Income reported on line 2 or line 3
`in the calculation of income above is my true and correct Net Income
`for the year.
`Signature of Spouse Supporting Person Other than Spouse Date
<\`
`.......................... .................................... .......
<\`
}\bPart B: Child Tax Credit \`(see "Line 444" in Guide)
`* Only the individual (usually the mother) eligible for Family Allowances for
` an eligible child may claim this credit.
<\`
'Number of eligible children \-2\b545\p \~ K05_\;x $575.00 6 \~ K06_\;
>2from Box (F) on TFA1 slip (attach copy of TFA1 slip)
^\` .
`Calculation of supplement for children born in 1984 or later:
` Number of eligible children \+1\b546\p \~ K07_\; x $203 7 \~ K08_\;
>2from Box (H) on TFA1 slip
^\` .
` Subtract: Child care exp \+1\b550\p \~ K09_\;x 25% 8 \~ K10_\;
` Maximum Supplement available 9 \~ K11_\;\+1> \~ K12_\;
` Add line 6 and line 9 \-110 \~ K13_\;
'Income from line 5 above \+1\+911 \~ K14_\;
' Subtract: Base amount \+1\+912 \~ K15_\;
' \+1\+9Income in excess of base amount 13 \~ K16_\;
' Enter: 5% of line 13 \+3\+914 \~ K17_\;
' Line 10 minus line 14 \+3\+915 \~ K18_\;
'Subtract: Child Tax Credit Prepayment \+3\+9\b552\p 16 \~ K19_\;
>from Box (E) on ATC1 slip (attach copy of ATC1 slip)
' \bChild Tax Credit\p \+3\+917 \~ K20_\;
>entered on line 444 on page 4 - if negative entered on line 434 on page 4
<\`
}\bPart C: Federal Sales Tax Credit \`("Line 446" in Guide)
`* If married only one spouse may make this claim.
'Basic Federal Sales Tax Credit \+2\+9Claim $140 \b579\p \<18 \~ K21_\;
<\'Additional Claim for Spouse - If you were married and
^\'Additional Claim for Spouse - If you were married and .
' residing with your spouse at the end of the
' year and your spouse has agreed that only you
` will claim the Fed Sales Tax Cr. \+2\'Claim $140 \<\b580\p 19 \~ K22_\;
<\'Additional Credit for Qualified Relations
^\'Additional Credit for Qualified Relations .
' Number Qualified Relations \+2\+8\b582\p \~ K23_\; x $70 20 \~ K24_\;
<\'Add lines 18,19 and 20 \+2\+921 \~ K25_\;
^\'Add lines 18,19 and 20 . \+2\+921 \~ K25_\;
'Income from line 5 above (less amt from line
' 3 if not claiming Additional Credit
' for Qualified Relations) \+2\+922 \~ K26_\;
' Subtract: Base amount \+2\+923 \~ K27_\;
' Income in excess of base amount \+2\+924 \~ K28_\;
' Enter: 5% of line 24 \+3\+925 \~ K29_\;
' \bFederal Sales Tax Credit\p \+3\+926 \~ K30_\;
>entered on line 446 on page 4