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Non-Refundable Personal Tax Credits - Tax Amounts
Amount x Tax Rate)
The tax credits in this table are the amounts to be deducted from the tax
payable. Some of the tax credits are reduced when
income exceeds a certain level. All tax amounts are rounded to the
nearest dollar. The indexation factors used to calculate these amounts have been confirmed to Canada Revenue Agency
(CRA), as have the personal tax credit amounts.
equivalent to spouse amount is not the same as the spouse amount. It is
$6,294 (tax amount of $617), reduced when dependant income exceeds $629, and
eliminated when dependant income exceeds $6,923. (2) n/a means there is no cap on the maximum medical expenses for
other eligible dependents. (3) The Family
Caregiver Amount is added to these amounts in certain circumstances, for
Federal and Yukon tax credits. With the elimination of the Child Amount Tax
Credit for 2015, legislation will be revised so that the Family Caregiver Amount
is still available to infirm minor children. (4)
For Quebec taxpayers, each federal tax credit is, in
effect, reduced by 16.5% as a result of the federal
(5) The federal Child Amount
Tax Credit is eliminated for 2015 and later years - see the October
30, 2014 Tax Update information. Yukon mirrors the federal
non-refundable tax credits. (6) Federal adoption tax credit
increased to $15,000 as per 2014
Budget, indexed after 2014. BC and YT use the federal amount.