Non-Refundable Tax Credits 2016

Federal
(15 %)
New-Brunswick
(9,68 %)
$ $
Basic 11 474 9 758
Spouse and eligible dependent 11 4741, 2 8 2863
Full-time / Part-time post-secondary studies (per month) :

  • Education amount
  • Textbook amount
 

 

 
400 / 120

65 / 20

 

 

 
400 / 120

n/a.

Disabled dependent aged 18 and older  6 7884
4 6085
Physical activities for children (- 16 years of age) 5006 n/a.
Artistic, cultural and recreational activities for children (- 16 years of age) 2506 n/a.
Employment amount 1 1617 n/a.
Public transit passes amount Cost8 n/a.
Age amount 7 1259 4 76510
Retirement income 2 000 1 000
Person suffering from a disability Supplement (- 18 years of age) 8 001
4 66711
7 900
4 60812
Caregiver 4 6672, 13 4 60914
Adoption fees 15 4536 n/a.
Volunteer firefighters 3 000 n/a.
Search and rescue volunteer  3 000 n/a.
Purchase of first home 5 000 n/a
Home accessibility 10 0006 n/a.15
Medical  expenses
  • 15% of expenses which exceed the lesser of $2,237 or 3% of applicant’s net income.
  •  9.68% of expenses which exceed the lesser of $2,208 or 3% of applicant’s net income.
Charitable donations
  •  Max. donations: 75% of net income
  • 15% on the first $200 and 29% or 33% on excess amount
  • Additional 25% credit for first-time donation not exceeding $1,000
  • Max. donations:  75% of net income
  • 9.68% on the first $200 and 17,95% on excess amount.

1 Reduced by net income of spouse or dependent.
2 Potential $2,121 additional amount if eligible for family caregiver credit (also offered for a dependent child under 18 years of age).
3 Reduced for each $1 exceeding $829 (nil at $9,115).
4 Reduced for each $1 exceeding $6,807 (nil at $13,595).
5 Reduced for each $1 exceeding $6,539 (nil at $11,147).
6 Maximum amount of expenses eligible for the credit.
7 Amount equal to taxpayer’s employment income for the year (max. $1,161).
8 Cost of public transit passes valid for at least one month.
9 Reduced by 15% for each $1 exceeding $35,927 (nil at $83,427).
10 Reduced by 15% for each $1 exceeding $35,471 (nil at $67,238).
11 Reduced by child care and caregiver expenses exceeding $2,734 (nil at $7,401).
12 Reduced by child care and caregiver expenses exceeding $2,698 ( nil at $ 7,306).
13 Reduced for each $1 exceeding $15,940 (nil at $20,607).
14 Reduced for each $1 exceeding $15,738 (nil at $20,347).
15 Refundable tax credit available in New Brunswick.