EachTax.com

	Nova Scotia Tax and Credits		NS428 T1 General - 2024

Part A - Nova Scotia 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 $29,590 or less

If line 1 is more than $29,590, but not more than $59,180

If line 1 is more than $59,180, but not more than $93,000

If line 1 is more than $93,000, but not more than $150,000

If line 1 is more than $150,000

Amount from line 1.

Line 2 minus line 3 (cannot be negative)

Multiply line 4 by line 5

Line 6 plus line 7
Nova Scotia tax on taxable income

Enter the amount from line 8 on line 46 and continue at line 9.

Part B - Nova Scotia non-refundable tax credits

For internal use only

56020

Basic personal amount

(maximum $11,481)

58040

Age amount (if you were born in 1959 or earlier) (use Worksheet NS428)

(maximum $5,606)

58080

Spouse or common-law partner amount
(use Worksheet NS428)

(maximum $11,481)

58120

Amount for an eligible dependant
(use Worksheet NS428)

(maximum $11,481)

58160

Amount for infirm dependants age 18 or older
(use Worksheet NS428)

58200

Amount for young children (complete the chart on the last page of this form.)

Number of months

58229

x $100 =

58230

Add lines 9 to 14.

CPP or QPP contributions:

Amount from line 30800 of your return

58240

•16

Amount from line 31000 of your return

58280

•17

Employment Insurance premiums:

Amount from line 31200 of your return

58300

•18

Amount from line 31217 of your return

58305

•19

Add lines 16 to 19

Subtotal for Schedule NS(S2)

Line 11 plus line 20

Pension income amount

(maximum $1,714)

58360

Caregiver amount
(use Worksheet NS428)

58400

Add lines 21 to 23

Subtotal for Worksheet NS428

Disability amount for self
(claim $7,341 or, if you were under 18 years of age, use Worksheet NS428)

58440

Disability amount transferred from a dependant
(use Worksheet NS428)

58480

Add lines 24 to 26

Subtotal for Schedule NS(S11)

Continue on the next page.

Part B - Nova Scotia non-refundable tax credits (continued)

Amount from line 27 of the previous page									28
Interest paid on your student loans (amount from line 31900 of your return)							58520	+	29
Your tuition and education amounts (attach Schedule NS(S11))							58560	+	30
Tuition and education amounts transferred from a child							58600	+	31
Amounts transferred from your spouse or common-law partner (attach Schedule NS(S2))							58640	+	32
Add lines 28 to 32								=	33

Medical expenses:
	Amount from line 33099 of your return				58689		34
	Amount from line 23600 of your return				35
	Applicable rate		x		36
	Line 35 multiplied by the percentage from line 36		=		37
	Enter whichever is less: $1,637 or or the amount from line 37.					-	38
	Line 34 minus line 38 (if negative, enter "0")					=	39
Allowable amount of medical expenses for other dependants (use Worksheet NS428)					58729	+	40
Line 39 plus line 40					58769	=		+	41

Line 33 plus line 41							58800	=	42
Nova Scotia non-refundable tax credit rate								x	43
Line 42 multiplied by the percentage from line 43							58840	=	44

Donations and gifts:
	Amount from line 13 of your federal Schedule 9			x 8.79% =			45
	Amount from line 14 of your federal Schedule 9			x 21% =		+	46
Line 45 plus line 46					58969	=		+	47
Line 44 plus line 47 Enter this amount on line 52.		Nova Scotia non-refundable tax credits					61500	=	48

Part C - Nova Scotia tax

Nova Scotia tax on tabable income from line 8

Nova Scotia tax on split income (complete Form T1206)

61510

•50

Line 49 plus line 50

Nova Scotia non-refundable tax credits from line 48

Nova Scotia dividend tax credit

(use Worksheet NS428)

61520

•53

Nova Scotia minimum tax carryover:

Amount from line 40427 of your return

x 57.5% =

61540

•54

Add lines 52 to 54

Line 51 minus line 55 (if negative, enter "0")

Nova Scotia additional tax for minimum tax purposes:

Amount from line 14 of Part 7 of Form T691

x 57.5% =

Line 56 plus line 57

Provincial foreign tax credit (complete Form T2036)

Line 58 minus line 59 (if negative, enter "0")

Continue on the next page

Part C - Nova Scotia tax (continued)

Nova Scotia 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 the tax reduction for your family.

Are you claiming this tax reduction on your return?

Yes No

Adjusted family income for the calculation of the Nova Scotia 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")			61		61
Total of the Universal Child Care Benefit repayment (line 21300 of the return) and the registered disability savings plan income repayment (included on line 23200)		+	62	+	62
Line 61 plus line 62		=	63	=	63
Total of the Universal Child Care Benefit income (line 11700 of the return) and income from a registered disability savings plan (included on line 12500)		-	64	-	64
Line 63 minus line 64 (if negative, enter "0")		=	65	=	65
Add the amounts from line 65 in column 1 and column 2, if applicable Enter the result on line 74 of this form.	Adjusted family income				66

Enter the amount from Line 60 on the previous page										67

Basic reduction			claim $300			61950		68

Tick this box to claim line 61970 instead of line 61990 if either can be claimed.
Reduction for spouse or common-law partner			claim $300			61970	+	69
Reduction for an eligible dependant claimed at line 58160				claim $300		61990	+	70

Add lines 68 to 70.			(maximum $600)				=	71
Reduction for dependent children born in 2006 or later
Number of dependent children: (do not include a child claimed on line 70)		60999			x $165 =		+	72
Line 71 plus line 72							=	73

Adjusted family income Amount from line 66						74
Base amount				-		75
Line 74 minus 75 (if negative, enter "0")				=		76
Applicable rate				x		77
Multiply line 76 by line 77				=			-	78
Line 73 minus line 78 (if negative, enter "0").	Nova Scotia low-income tax reduction						=		-	79
Line 67 minus line 79 (if negative, enter "0")									=	80

Nova Scotia Political contribution tax credit:
Total political contributions made in 2024			62100			x 75% = (max $750)			-	81
Line 80 minus line 81 (if negative, enter "0").									=	82

Food bank tax credit for farmers:
Enter the amount of qualifying donations that have also been claimed as charitable donations.			62150			x 25% =			-	83
Line 82 minus line 83 (if negative, enter "0").									=	84

Continue on the next page

Part C - Nova Scotia tax (continued)


Amount from line 84 of the previous page					85

Labour-sponsored venture capital tax credit:
Cost of shares from Form NSLSV		x 20% = (max $2,000)	62180	-	•86
Line 85 minus line 86 (if negative, enter "0").				=	87

Equity tax credit (complete Form T1285)				-	88
Line 87 minus line 88 (if negative, enter "0").				=	89

Innovation equity tax credit (complete Form T225)				-	90
Line 89 minus line 90 (if negative, enter "0").				=	91

Venture capital tax credit (complete Form T224)				-	92
Line 91 minus line 92 (if negative, enter "0").				=	93

Age tax credit (if born in 1959 or earlier and your taxable income is less than $24,000)		claim $1,000		-	94
Line 93 minus line 94 (if negative, enter "0"). Enter this amount on line 42800 of your return.	Nova Scotia tax			=	95

Details of amount for young children


First name	Last name	Relationship to you	Date of birth (mm/dd/yyyy)	Social insurance number		Num. of eligible months

					+
Total number of eligible months for all children.					=
Enter the total number of months on line 58229 of page 1.