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	Newfoundland and Labrador Tax		NL428 T1 General - 2024

Part A - Newfoundland and Labrador tax on taxable income

Enter your taxable income from line 26000 of your return

Use the amount from line 1 to complete the appropriate column below.

If line 1 is $43,198 or less

If line 1 is more than $43,198, but not more than $86,395

If line 1 is more than $86,395, but not more than $154,244

If line 1 is more than $154,244, but not more than $215,943

If line 1 is more than $215,943, but not more than $275,870

If line 1 is more than $275,870, but not more than $551,739

If line 1 is more than $551,739, but not more than $1,103,478

If line 1 is more than $1,103,478

Enter the amount from line 8 on line 63 and continue at line 16.

Part B - Newfoundland and Labrador non-refundable tax credits

For internal use only

56000

Basic personal amount

claim $10,818

58040

Age amount (if you were born in 1959 or earlier) (use Worksheet NL428)

(maximum $6,905)

58080

Spouse or common-law partner amount

Base amount

Your spouse's or common-law partner's net income from line 23600 of their return

Line 18 minus line 19 (if negative, enter "0")

(maximum $8,840)

58120

Amount for an eligible dependant

Base amount

Your eligible dependant's net income from line 23600 of their return

Line 21 minus line 22 (if negative, enter "0")

(maximum $8,840)

58160

Amount for infirm dependants age 18 or older
(use Worksheet NL428)

58200

Add lines 16, 17, 20, 23 and 24

CPP or QPP contributions:

Amount from line 30800 of your return

58240

•26

Amount from line 31000 of your return

58280

•27

Employment Insurance premiums:

Amount from line 31200 of your return

58300

•28

Amount from line 31217 of your return

58305

•29

Volunteer firefighters' amount

58315

Search and rescue volunteers' amount

58316

Child care amount
(amount from line 21400 of your return)

58320

Adoption expenses

(maximum $14,599 per child)

58330

Add lines 26 to 33

Subtotal for Schedule NL(S2)

Line 25 plus line 34

Continue on the next page.

Part B - Newfoundland and Labrador non-refundable tax credits (continued)

Amount from line 35 of the previous page				=	36
Pension income amount		(maximum $1,714)	58360	+	37
Caregiver amount (use Worksheet NL428)			58400	+	38
Add lines 36 to 38	Subtotal for Worksheet NL428			=	39
Disability amount for self (claim $7,299 or, if you were under 18 years of age, use Worksheet NL428)			58440	+	40
Disability amount transferred from a dependant (use Worksheet NL428)			58480	+	41
Add lines 39 to 41	Subtotal for Schedule NL(S11)			=	42
Interest paid on your student loans (amount from line 31900 of your return)			58520	+	43
Your tuition and education amounts (attach Schedule NL(S11))			58560	+	44
Tuition and education amounts transferred from a child			58600	+	45
Amounts transferred from your spouse or common-law partner (attach Schedule NL(S2))			58640	+	46
Add lines 42 to 46				=	47

Medical expenses:
	Amount from line 33099 of your return				58689		48
	Amount from line 23600 of your return				49
	Applicable rate		x		50
	Line 49 multiplied by the percentage from line 50		=		51
	Enter whichever is less: $2,356 or or the amount from line 51.					-	52
	Line 48 minus line 52 (if negative, enter "0")					=	53
Allowable amount of medical expenses for other dependants (use Worksheet NL428)					58729	+	54
Line 53 plus line 54					58769	=		+	55
Line 47 plus line 55							58800	=	56
Newfoundland and Labrador non-refundable tax credit rate								x	57
Line 56 multiplied by the percentage from line 57							58840	=	58
Donations and gifts:
	Amount from line 13 of your federal Schedule 9			x 8.7% =			59
	Amount from line 14 of your federal Schedule 9			x 21.8% =		+	60
Line 59 plus line 60					58969	=		+	61

Add lines 58 and 61 Enter this amount on line 66.		Newfoundland and Labrador non-refundable tax credits					61500	=	62

Continue on the next page.

Part C - Newfoundland and Labrador tax

Newfoundland and Labrador tax on tabable income from line 8

Newfoundland and Labrador tax on split income (complete Form T1206)

61510

•64

Line 63 plus line 64

Newfoundland and Labrador non-refundable tax credits from line 62

Newfoundland and Labrador dividend tax credit

(use Worksheet NL428)

61520

•67

Newfoundland and Labrador minimum tax carryover:

Amount from line 40427 of your return

58% =

61540

•68

Add lines 66 to 68

Line 65 minus line 69 (if negative, enter "0")

Newfoundland and Labrador additional tax for minimum tax purposes:

Amount from line 14 of Part 7 of Form T691

58% =

Line 70 plus line 71

Provincial foreign tax credit (complete Form T2036)

Line 72 minus line 73 (if negative, enter "0")

Newfoundland and Labrador political contributions made in 2024	61750		75
Newfoundland and Labrador political contribution tax credit (use Worksheet NL428)	(maximum $500)			-	76
Line 74 minus line 76 (if negative, enter "0")				=	77

Direct equity tax credit (complete Form T1272)				-	78
Line 77 minus line 78 (if negative, enter "0")				=	79

Resort property investment tax credit (complete Form T1297)				-	80
Line 79 minus line 80 (if negative, enter "0")				=	81


Venture capital tax credit from Certificate(s) NL VCTC.	61820		•82
Unused Newfoundland and Labrador venture capital tax credit from your 2023 notice of assessment or notice of reassessment		+	83
Line 82 plus line 83		=		-	84
Line 81 minus line 84 (if negative, enter "0")				=	85

Newfoundland and Labrador low-income tax reduction

If you had a spouse or common-law partner on December 31, 2024, you and your spouse or common-law partner need to decide who will claim this tax reduction for your family. Any unused amount from line 108 can be claimed by the other spouse or common-law partner on line 86. of their Form NL428.

Are you claiming the low-income tax reduction on your return?

Yes No

Unused low-income tax reduction from your spouse or common-law partner:
Amount from line 108 of your spouse's or common-law partner's Form NL428, if any.

61860

•86

Line 85 minus line 86 (if negative, enter "0")

If you claimed an amount on line 86, enter the amount from line 87 on line 94, enter "0" on line 104, and continue on line 105. If not, continue on the next page.

Continue on the next page

Part C - Newfoundland and Labrador tax (continued)

Adjusted family income for the calculation of the Newfoundland and Labrador low-income tax reduction		Column 1 You		Column 2 Your spouse or common-law partner
Net income from line 23600 of the return (or the amount you would have entered if the instructions on line 23600 said "if negative, show in brackets")			88		88
Total of Universal Child Care Benefit (UCCB) repayment (line 21300 of the return) and registered disability savings plan (RDSP) income repayment (included on line 23200).		+	89	+	89
Add lines 88 and 89		=	90	=	90
Total of Universal Child Care Benefit (line 11700 of the return) and registered disability savings plan income (line 12500 of the return).		-	91	-	91
Line 90 minus line 91 (if negative, enter "0")		=	92	=	92
Add the amounts from line 92 in column 1 and column 2, if applicable Enter the amount on line 99 below	Adjusted family income				93

Enter the amount from line 87.

Basic reduction

claim $974

61870

Reduction for spouse or common-law partner

claim $544

61880

Reduction for an eligible dependant claimed at line 58160

claim $544

61890

Add lines 95 to 97

(maximum $0)

Adjusted family income:
Amount from line 93

If you claimed an amount on line 96 or line 97 , enter $0. If not, enter $0.

100

Line 99 minus 100 (if negative, enter "0")

101

Applicable rate

102

Multiply line 101 by line 102

103

Line 98 minus line 103
(if negative, enter "0").

Newfoundland and Labrador low-income tax reduction

104

Line 94 minus line 104 (if negative, enter "0")
Enter the result on line 42800 of your return

Newfoundland and Labrador tax

105

Unused low-income tax reduction that your spouse or common-law partner can claim

Amount from line 104

106

Amount from line 85

107

Line 106 minus line 107 (if negative, enter "0")

Unused amount

108