SK428 - Saskatchewan Tax

Entering this Amount (from Forms):

Completing the provincial form

As you prepare your federal return, information is transferred to your provincial forms automatically. Review the following information and make sure it is complete.

Step 1 - Personal information

Step 1 - Personal information

Make sure your personal information, such as age and marital status, is entered correctly in the Identification area of your return.

If you have a spouse or common-law partner but you are not preparing your returns together, enter his or her information directly in the Identification area of your return. Include his or her net income, even if it is zero.

Step 2 - Dependants information

Step 2 - Dependants information

Enter information about your dependants in the Dependant information window. Make sure you include the name, birth date, and a brief description of disability, if any, for each dependant. Review the federal Schedule 5 to make sure you entered all the information about your dependants.

Step 3 - T-slip information

Step 3 - T-slip information

Enter amounts from your information slips and receipts, including provincial political contributions, through the T-Slip and Receipts Entry window.

Step 4 - Additional information

Step 4 - Additional information

Additional information might be required for the following:

Choosing who claims the credit

Choosing who claims the credit

Certain credits can only be claimed by one person on behalf of the family, so you must decide who will claim them. Such credits include the low-income tax reduction credit for New Brunswick, Nova Scotia, Newfoundland and Labrador, and Prince Edward Island, and the Manitoba personal tax credit, education property tax credit, and school tax credit.

If you are preparing a coupled return, select the check box on the provincial form of the spouse who is claiming this credit. If you are not preparing your returns together and your spouse or common-law partner is claiming this credit, remove the X from the check box of your provincial form.

Remove the X from the check box if you are not eligible for this credit as described in the provincial tax guide information.

Indicate which of you is claiming this credit in the Provincial section of the Interview. Only claim this credit if you are eligible for it, as described in the provincial tax guide information.

Line 5848 - Disability amount transferred from a dependant (other than your spouse or common-law partner)

Line 5848 - Disability amount transferred from a dependant (other than your spouse or common-law partner)

Make sure you complete the Disability transfer section (including Provincial Disability Transfer) in the Dependant information window.

Make sure you have entered the person as a dependant in the Introduction section of the interview. Then complete the Claims for Dependants section in the Deductions section of the Interview.

Line 5856 - Your tuition and education amounts

Line 5856 - Your tuition and education amounts

To transfer unused provincial or territorial tuition and education amounts to another person, complete the Transfer/Carry forward of unused amount section of your provincial Schedule 11.

Follow the instructions outlined in Line 323, Your tuition, education, and textbook amounts. The screens for provincial tuition and education credits immediately follow the federal screens.

Line 5860 - Tuition and education amounts transferred from a child

Line 5860 - Tuition and education amounts transferred from a child

To claim tuition transferred from a student, follow the instructions in Tuition, education, and textbook amounts transferred from a child.

Line 5864 - Amounts transferred from your spouse or common-law partner

Line 5864 - Amounts transferred from your spouse or common-law partner

If you are preparing your returns together, this amount is automatically calculated on your provincial Schedule 2 (Provincial Amounts Transferred From Your Spouse or Common-law Partner) and shown on line 323 of Schedule 1. If you are not preparing your returns together, you must enter information directly on this schedule, according to CRA guidelines.

If you are preparing your returns together, TurboTax automatically transfers these amounts. If you are not preparing your returns together, follow the instructions in Amounts transferred from your spouse or common-law partner.

Additional tax for minimum tax purposes

Additional tax for minimum tax purposes

If you have to pay federal minimum tax, as calculated on Form Form T691, Alternative Minimum Tax, TurboTax calculates your provincial minimum tax and transfers it to your provincial form.

Newcomers to Canada and emigrants

Newcomers to Canada and emigrants
TurboTax automatically prorates the following federal nonrefundable tax credits:
  • Canada Pension Plan or Quebec Pension Plan contributions (lines 308 and 310);
  • social security arrangement contributions (Form RC269);
  • Employment Insurance premiums (lines 312 and 317);
  • Provincial Parental Insurance Plan premiums;
  • Canada employment amount;
  • public transit amount;
  • children's fitness amount;
  • adoption expenses;
  • home renovation expenses;
  • home buyers' amount;
  • pension income amount (for yourself);
  • interest paid on loans for post-secondary education made to you under the Canada Student Loans Act, the Canada Student Financial Assistance Act, or similar provincial or territorial government laws;
  • tuition, education, and textbook amounts;
  • medical expenses; and
  • donations and gifts.

Make sure you enter the date you arrived in or left Canada in the Identification section of your T1 General.

Make sure you enter the details of your move to or from Canada in the Moving screens in the Deductions section of the Interview.

Political contribution tax credit

Political contribution tax credit
Enter provincial political contributions at the same time as federal political contributions. Your tax credit is calculated as:
  • Alberta


    • Annual contributions: 75% of the first $200; plus 50% of the next $900; plus 33.33% of the remainder, to a maximum credit of $1000.
    • Senatorial contributions: 75% of the first $200; plus 50% of the next $900; plus 33.33% of the remainder, to a maximum credit of $1000.
  • BC 75% of the first $100; plus 50% of the next $450; plus 33.33% of the remainder, to a maximum credit of $500.
  • New Brunswick 75% of the first $200; plus 50% of the next $350; plus 33.33% of the remainder, to a maximum credit of $500.
  • Manitoba and Saskatchewan 75% of the first $400; plus 50% of the next $350; plus 33.33% of the remainder, to a maximum credit of $650.
  • Newfoundland and Labrador 75% of the first $100; plus 50% of the next $450; plus 33.33% of the remainder, to a maximum credit of $500.
  • Northwest Territories 100% of the first $100; plus 50% of the remainder, to a maximum credit of $500.
  • Nova Scotia 75% of donations, to a maximum credit of $750.
  • Nunavut 100% of the first $100; plus 50% of the remainder, to a maximum credit of $500.
  • Ontario 75% of the first $372; plus 50% of the next $868; plus 33.33% of the remainder, to a maximum credit of $1,240.
  • Prince Edward Island 75% of the first $100; plus 50% of the next $450; plus 33.33% of the remainder, to a maximum credit of $500.
  • Yukon 75% of the first $100; plus 50% of the next $450; plus 33.33% of the remainder, to a maximum credit of $500.

Tax on split income

Tax on split income

If you have federal tax on split income, as calculated on line 424 and Form T1206, Tax on Split Income, TurboTax automatically transfers your provincial tax on split income to your provincial form.

Entering this Amount (from Interview):

Entering provincial tax and tax credits (interview)

Most provincial calculations are based on information (including personal information, T-slips, tuition, charitable and political contributions, etc.) entered on the federal forms. You enter this information in the earlier sections of the interview and it is automatically transferred to the provincial forms.

However, you must complete the Provincial section of the interview to calculate those tax credits that are specific to your province.

  1. Click the Provincial tab at the top of the interview.
  2. From the Provincial tab, select Get Organized.
  3. Or click Take Me There to go there now.
  4. Continue through the provincial interview, selecting all the checkboxes that apply.
  5. Enter the required information for the selected tax credits.

See Additional information to claim credits such as provincial education amounts, tuition or disability amount transfers, political contributions, or tax on split income.

The CRA Provincial Guide says...

Information for Residents of Saskatchewan (5008-PC)

What's New for 2011?

The income levels and most of the non-refundable tax credits used to calculate your Saskatchewan income tax have changed.

The $10,000 limit for the allowable amount of medical expenses for other dependants has been eliminated.

The rate used to calculate the dividend tax credit for other than eligible dividends has changed.

Form SK428, Saskatchewan Tax, reflects these changes.

Saskatchewan Low-Income Tax Credit (SLITC)

Saskatchewan Low-Income Tax Credit (SLITC)

This program is designed to help lower-income Saskatchewan residents.

For more information on the payment amounts, see Booklet RC4210, GST/HST Credit.

The payment is combined with the quarterly payment of the federal goods and services tax (GST) credit.

To get this credit, you (or your spouse or common-law partner) should apply for the GST credit on page 1 of your (or your spouse’s or common-law partner’s) return.

File your tax return
You (and your spouse or common-law partner) should file your 2011 tax return(s) as soon as possible. The information you give on your return(s) will determine how much you will get starting in July 2012.

The Saskatchewan Low-Income Tax Credit program is fully funded by the Province of Saskatchewan.

For more information, call the Canada Revenue Agency (CRA) at 1-800-959-1953.

Completing Form SK428, Saskatchewan Tax

Completing Form SK428, Saskatchewan Tax

Tip:

A number of provincial or territorial tax measures are distinct from corresponding federal measures. However, many rules for calculating provincial or territorial tax are still based on the federal Income Tax Act. As a result, you may find it easier to calculate your federal tax first. Your total taxes payable will be the same, no matter which tax you calculate first.

Complete Form SK428 if you were a resident of Saskatchewan at the end of the year.

If you had income from a business with a permanent establishment outside Saskatchewan, complete Form T2203, Provincial and Territorial Taxes for 2011 - Multiple Jurisdictions, instead of completing Form SK428.

You also have to complete Form SK428 if you were a non-resident of Canada in 2011 and you earned income from employment in Saskatchewan or received income from a business with a permanent establishment only in Saskatchewan.

Step 1 - Saskatchewan non-refundable tax credits (lines 5804 - 5896)

Step 1 - Saskatchewan non-refundable tax credits (lines 5804 - 5896)

The eligibility criteria and rules for claiming most of the Saskatchewan non-refundable tax credits are the same as for the federal non-refundable tax credits. However, the value and calculation of some Saskatchewan non-refundable tax credits are different from the corresponding federal credits.

To calculate some of the provincial non-refundable tax credits, use the Provincial Worksheet.

Newcomers to Canada and emigrants

Newcomers to Canada and emigrants

If you prorated any of the amounts you claimed on lines 300 to 306, 315, 316, 318, 324, and 326 of your federal Schedule 1, you have to prorate the corresponding provincial or territorial amounts on lines 5804 to 5820, 5840, 5844, 5848, 5860 and 5864.

Line 5804 - Basic personal amount

Line 5804 - Basic personal amount

Claim $14,535.

Line 5808 - Age amount

Line 5808 - Age amount

You can claim this amount if you were 65 years of age or older on December 31, 2011, and your net income (line 236 of your return) is less than $62,481.

If your net income is:
  • $32,961 or less, enter $4,428 on line 5808; or
  • more than $32,961 but less than $62,481, complete the calculation for line 5808 on the Provincial Worksheet.
Tip: You may be able to transfer all or part of your age amount to your spouse or common-law partner or to claim all or part of his or her age amount. For more information, see line 5864.

Line 5812 - Spouse or common-law partner amount

Line 5812 - Spouse or common-law partner amount

You can claim this amount if the rules are met for claiming the amount on line 303 of federal Schedule 1 and your spouse's or common-law partner’s net income (line 236 of his or her return, or the amount that it would be if he or she filed a return) is less than $15,989.

Complete the calculation on Form SK428, and enter the amount on line 5812.

Note: Enter your marital status and the information about your spouse or common-law partner (including his or her net income, even if it is zero) in the "Identification" area of your return.

Line 5816 - Amount for an eligible dependant

Line 5816 - Amount for an eligible dependant

You can claim this amount if the rules are met for claiming the amount on line 305 of federal Schedule 1 and your dependant’s net income (line 236 of his or her return, or the amount that it would be if he or she filed a return) is less than $15,989.

Complete the calculation on Form SK428, and enter the amount on line 5816.

Note: If you were a single parent on December 31, 2011, and you choose to include all Universal Child Care Benefit amounts you received in 2011 in the income of your dependant, include this amount in the calculation of his or her net income.

If you have not already compelted federal Schedule 5, complete and attach it to your return.

Line 5820 - Amount for infirm dependants18 years of age or older

Line 5820 - Amount for infirm dependants18 years of age or older

You can claim this amount if the rules are met for claiming the amount on line 306 of federal Schedule 1 and your dependant’s net income (line 236 of his or her return, or the amount that it would be if he or she filed a return) is less than $14,639.

Complete the calculation for line 5820 on the Provincial or Territorial Worksheet.

Line 5821 - Amount for dependent children born in 1993 or later

Line 5821 - Amount for dependent children born in 1993 or later
You can claim this amount if you lived in Saskatchewan at the end of the year and you had a dependent child for whom all of the following conditions apply:
  • the child was less than 18 years of age at any time in 2011;
  • the child lived with you at the end of the year (or on the date of death for a child who died in 2011); and
  • no one has received a special allowance under the Children’s Special Allowances Act for the child.

You cannot claim this credit if anyone made a claim for the child as an eligible dependant on line 5816 or as a spouse or common-law partner on line 5812.

If you have a spouse or common-law partner, only one of you can claim this credit. Where both are eligible to make this claim, the person with the lower taxable income must make the initial claim. The other person may claim any unused amount by completing Schedule SK(S2), Provincial Amounts Transferred From Your Spouse or Common-Law Partner, and filing it with his or her return.

Enter beside box 6370 the number of dependent children you have who were born in 1993 or later. Claim $5,514 on line 5821 for each dependent child. Please give details of your dependent children in the chart on Form SK428.

Tip: You may be able to transfer all or part of your amount for dependant children born in 1993 or later to your spouse or common-law partner. Similarly, you may be able to claim all or part of his or her amount for dependant children born in 1993 or later. For more information, read line 5864.

Line 5822 - Senior supplementary amount

Line 5822 - Senior supplementary amount

You can claim this amount if you were 65 years of age or older in 2011 and you lived in Saskatchewan at the end of the year. You can claim it regardless of your net income.

Claim $1,169 on line 5822.

If you are completing a return for a person who died in 2011, you can claim this amount if the person was 65 years of age before the date of death and he or she lived in Saskatchewan on the date of death.

Tip: You may be able to transfer all or part of your senior supplementary amount to your spouse or common-law partner. Similarly, you may be able to claim all or part of his or her senior supplementary amount. For more information, see line 5864.

Line 5824 - CPP or QPP contributions through employment

Line 5824 - CPP or QPP contributions through employment

Enter on this line the amount you claimed on line 308 of your federal Schedule 1.

Line 5828 - CPP or QPP contributions on self-employment and other earnings

Line 5828 - CPP or QPP contributions on self-employment and other earnings

Enter on this line the amount you claimed on line 310 of your federal Schedule 1.

Line 5832 - Employment Insurance premiums through employment

Line 5832 - Employment Insurance premiums through employment

Enter on this line the amount you claimed on line 312 of your federal Schedule 1.

Line 5829 - Employment Insurance premiums on self-employment and other eligible earnings

Line 5829 - Employment Insurance premiums on self-employment and other eligible earnings

Enter on this line the amount you claimed on line 317 of your federal Schedule 1.

Line 5836 - Pension income amount

Line 5836 - Pension income amount

You can claim this amount if you met the rules for claiming the amount on line 314 of your federal Schedule 1.

The amount you can claim on line 5836 is the amount on line 314 of your federal Schedule 1, or $1,000, whichever is less.

Note: Only residents of Saskatchewan are eligible for this amount. If you are not a resident of Saskatchewan, you cannot claim this non-refundable tax credit in calculating your Saskatchewan tax even though you may have received income from a source inside Saskatchewan in 2011.

Line 5840 - Caregiver amount

Line 5840 - Caregiver amount

You can claim this amount if the rules are met for claiming the amount on line 315 of federal Schedule 1 and your dependant’s net income (line 236 of his or her return, or the amount that it would be if he or she filed a return) is less than $23,188.

Complete the calculation for line 5840 on the Provincial Worksheet.

Line 5844 - Disability amount (for self)

Line 5844 - Disability amount (for self)

You can claim this amount if you met the rules for claiming the amount on line 316 of your federal Schedule 1.


  • If you were 18 years of age or over at the end of the year, enter $8,563 on line 5844.
  • If you were under 18 years of age at the end of the year, you may be eligible to claim a supplement up to a maximum of $8,563 in addition to the disability amount of $8,563. Complete the calculation for line 5844 on the Provincial Worksheet.

Line 5848 - Disability amount transferred from a dependant

Line 5848 - Disability amount transferred from a dependant

You can claim this amount if the rules are met for claiming the amount on line 318 of your federal Schedule 1. Complete the calculation for line 5848 on the Provincial or Territorial Worksheet.

Line 5852 - Interest paid on your student loans

Line 5852 - Interest paid on your student loans

Enter on this line the amount you claimed on line 319 of your federal Schedule 1.

Line 5856 - Your tuition and education amounts

Line 5856 - Your tuition and education amounts

Complete Schedule SK(S11), Provincial Tuition and Education Amounts.

Supporting documents - If you are filing electronically, keep all your documents in case we ask to see them at a later date. If you are filing a paper return, attach your completed provincial or territorial Schedule 11, but do not send your other documents. Keep all of your documents in case we ask to see them at a later date.

Transferring and carrying forward amounts - You may not need all of your 2011 tuition and education amounts to reduce your provincial or territorial income tax to zero. In this case, you can transfer all or some of the unused part to one person, either to your spouse or common-law partner (who would claim it on line 5864), or to your or your spouse's or common-law partner's parent or grandparent, (who would claim it on line 5860).

You can only transfer an amount to your parent or grandparent, or your spouse or common-law partner's parent or grandparent, if your spouse or common-law partner does not claim an amount for you on line 5812 or 5864.

Complete the Transfer/Carryforward of unused amount section of your provincial or territorial Schedule 11 to calculate the provincial or territorial amount available to transfer, as well as Form T2202, Education and Textbook Amounts Certificate, T2202A, Tuition, Education, and Textbook Amounts Certificate, TL11A, Tuition, Education, and Textbook Amounts Certificate - University Outside Canada,, TL11B, Tuition, Education, and Textbook Amounts Certificate - Flying School or Club, or TL11C, Tuition, Education, and Textbook Amounts Certificate - Commuter to the United States, to designate who can claim the transferred amount and to specify the amount this person can claim. This amount may be different from the amount calculated for the same person on your federal Schedule 11. Enter the provincial or territorial amount you are transferring on line 20 of your provincial or territorial Schedule 11.

Tip: If you are transferring an amount to a designated individual, only transfer the amount this person can use. That way, you can carry forward as much as possible to use in a future year.

Complete the Transfer/Carryforward of unused amount section of your provincial or territorial Schedule 11 to calculate the amount you can carry forward to a future year. This amount corresponds to the part of your tuition and education amounts you do not need to use (and do not transfer) for the year.

Line 5860 - Tuition and education amounts transferred from a child

Line 5860 - Tuition and education amounts transferred from a child

You can claim this amount if you met the rules for claiming the amount on line 324 of federal Schedule 1.

Enter on line 5860 the total of all provincial or territorial amounts that each student has transferred to you as shown on his or her Form T2202, T2202A, TL11A, TL11B, or TL11C.

Note:
  • The student must have entered this amount on line 20 of his or her provincial or territorial Schedule 11. He or she may have chosen to transfer an amount that is less than the available provincial or territorial amount. The student cannot transfer to you any unused tuition and education amounts carried forward from a previous year.
  • If you and the student were residents of different provinces or territories on December 31, 2011, special rules may apply. Call the Canada Revenue Agency to determine the amount you can claim on line 5860.
  • Other rules rules may apply if the student has a spouse or a common-law partner. Read line 324.

Supporting documents -If you are filing electronically or filing a paper return, do not send any documents. Keep all of your documents in case we ask to see them at a later date.

Line 5864 - Amounts transferred from your spouse or common-law partner

Line 5864 - Amounts transferred from your spouse or common-law partner

You can claim these amounts if the rules are met for claiming the amount on line 326 of federal Schedule 1. Complete your provincial or territorial Schedule 2, Provincial Amounts Transferred From Your Spouse or Common-Law Partner, and attach a copy to your return.

As a resident of Saskatchewan, you can also claim a transfer of the unused part of your spouse’s or common-law partner’s amount for dependent children born in 1993 or later and senior supplementary amount.

Complete Schedule SK(S2), Provincial Amounts Transferred From Your Spouse or Common-Law Partner, and attach a copy to your return.

Line 5868 - Medical expenses for self, spouse or common-law partner, and your dependent children born in 1994 or later

Line 5868 - Medical expenses for self, spouse or common-law partner, and your dependent children born in 1994 or later

The medical expenses you can claim on line 5868 are the same as those you can claim on line 330 of your federal Schedule 1. They have to cover the same 12-month period ending in 2011 and no one can have claimed them on a 2010 return.

Line 5872 - Allowable amount of medical expenses for other dependants

Line 5872 - Allowable amount of medical expenses for other dependants

In addition to the medical expenses claimed on line 5868, you can also claim medical expenses for other dependants.

The medical expenses you can claim on line 5872 are the same as those you can claim on line 331 of your federal Schedule 1. They have to cover the same 12-month period ending in 2011 and no one can have claimed them on a 2010 return.

Complete the calculation for line 5872 on the Provincial or Territorial Worksheet.

Line 5879 - Graduate tax exemption amount

Line 5879 - Graduate tax exemption amount

Include on this line any unused graduate tax exemption amount shown on your 2010 notice of assessment or notice of reassessment.

Note: The graduate tax exemption amount and the graduate retention program tuition rebate are each distinct programs. Please ensure that they are entered on the appropriate line of Form SK428 or SK479, as applicable.

If you graduated in 2007 and qualified to claim the graduate tax exemption amount, you may have received an eligibility certificate for 2008 to claim the graduate retention program tuition rebate. If in your 2008 return you did not claim this rebate, you have to send a request for reassessment of your 2008 return to the CRA. Read "Graduate retention program tuition rebate" in SK479 for more information.

Line 5896 - Donations and gifts

Line 5896 - Donations and gifts

Enter the amounts from lines 345 and 347 of your federal Schedule 9 and multiply them by the rates on lines 29 and 30 of Form SK428.

Step 2 - Saskatchewan tax on taxable income (lines 33-34)

Step 2 - Saskatchewan tax on taxable income (lines 33-34)

Enter on line 33 your taxable income from line 260 of your return. Complete the appropriate column depending on the amount entered.

Step 3 - Saskatchewan tax (lines 42 - 83)

Step 3 - Saskatchewan tax (lines 42 - 83)

Line 42 - Saskatchewan farm and small business capital gains tax credit

Line 42 - Saskatchewan farm and small business capital gains tax credit

If you reported capital gains in 2011 from the disposition of qualified farm property or qualified small business corporation shares, and you were a resident of Saskatchewan at the end of the year, you may qualify for this tax credit.

To claim the credit, get Form T1237, Saskatchewan Farm and Small Business Capital Gains Tax Credit, from the CRA's Web site or by contacting the CRA (read "For more Information" below).

Enter, on line 42 of Form SK428, the amount from line 32 of Form T1237.

Supporting documents - Attach Form T1237 to your paper return. If you are filing electronically, keep all your documents in case we ask to see them at a later date

Line 44 - Saskatchewan tax on split income

Line 44 - Saskatchewan tax on split income

If you have to pay a federal tax on split income on line 424 of your federal Schedule 1, complete Part 2 of Form T1206, Tax on Split Income, to calculate the provincial tax that applies to this income. Form T1206 also contains a special rule that applies to the amount you enter on line 428 of your return. You can find more information about tax on split income in the General Income Tax and Benefit Guide.

Line 52 - Saskatchewan additional tax for minimum tax purposes

Line 52 - Saskatchewan additional tax for minimum tax purposes

If you have to pay federal minimum tax as calculated on Form T691, Alternative Minimum Tax, you will also have to determine your provincial or territorial additional tax for minimum tax purposes.

To do this, complete the calculation on line 52 of Form SK428. You can find more information on minimum tax here.

Line 54 - Provincial foreign tax credit

Line 54 - Provincial foreign tax credit

If your federal foreign tax credit on non-business income is less than the related tax you paid to a foreign country, you may be eligible to claim a provincial or territorial foreign tax credit.

To claim the credit, get Form T2036, Provincial or Territorial Foreign Tax Credit.

Enter, on line 54 of Form SK428, the amount from line 5 of Form T2036.

Supporting documents - Attach Form T2036 to your paper return. If you are filing electronically, keep all your documents in case we ask to see them at a later date

Line 56 - Royalty tax rebate

Line 56 - Royalty tax rebate

Unused royalty tax rebate

If you had any unused amount of Saskatchewan royalty tax rebate in 2010, enter on line 56 of Form SK428 the rebate shown on your 2010 notice of assessment or notice of reassessment.

Note: If, in 2007, you did not claim your unused Saskatchewan royalty tax rebate from your 2006 Form T82, Saskatchewan Royalty Tax Rebate (Individuals), you have to send a request to the CRA to change your 2007 return.

Lines 58 and 59 - Political contribution tax credit

Lines 58 and 59 - Political contribution tax credit

You can claim this credit if you contributed to a registered Saskatchewan political party or to an independent candidate in a Saskatchewan provincial election.

Only claim amounts from your official receipts for 2011. Official receipts can be issued only for contributions of at least $25.

How to claim

Enter the total of your official receipts for Saskatchewan political contributions on line 58 of Form SK428, and calculate the amount to enter on line 59 as follows:
  • If the total of your official receipts is more than $1,275, enter $650 on line 59 of Form SK428.
  • If the total of your official receipts is not more than $1,275, complete the calculation for line 59 on the Provincial Worksheet.

Supporting documents - For each contribution, attach to your paper return the official receipt signed by an official of the recognized political party or constituency association, or the candidate's agent. If you are filing electronically, keep your receipts in case we ask to see them.

Lines 61 to 63 - Labour-sponsored venture capital tax credit

Lines 61 to 63 - Labour-sponsored venture capital tax credit

You can claim this credit if you were a resident of Saskatchewan at the end of the year and you made an eligible investment in a labour-sponsored venture capital corporation that invests in small and medium-size businesses.

You can claim a credit for investments made in 2011 (that you did not claim a credit for on your 2010 return) or in the first 60 days of 2012.

If an RRSP for spouse or common-law partner became the first registered holder of the share, either the RRSP contributor or the annuitant may claim this credit for that share.

If you invested in a Saskatchewan provincially-registered labour-sponsored venture capital corporation, enter the credit shown in box “Tax Credit (Provincial)” of Slip T2C (Sask.), Saskatchewan Tax Incentives (issued by Enterprise Saskatchewan), to a maximum of $1,000, on line 61 of Form SK428.

If you invested in a labour-sponsored venture capital corporation that is registered federally, enter the amount shown in box “Tax Credit (Provincial)” of Slip T2C (Sask.), Saskatchewan Tax Incentives (issued by Enterprise Saskatchewan), to a maximum of $1,000, on line 62 of Form SK428.

The maximum labour-sponsored venture capital tax credit you can claim on line 63 of Form SK428 is $1,000.

If you have any questions about the tax credit Slip T2C (Sask.), contact the broker from whom you purchased the labour-sponsored venture capital shares.

Tip: To find out about claiming the federal labour-sponsored funds tax credit, see lines 413 and 414.

Supporting documents - Attach Slip T2C (Sask.) to your paper return. If you are filing electronically, keep all your documents in case we ask to see them at a later date

Lines 66 to 70 - Saskatchewan employee's tools tax credit

Lines 66 to 70 - Saskatchewan employee's tools tax credit

You can claim this credit if you were a resident of Saskatchewan at the end of 2011 and as a condition of your employment you were required to provide eligible tools for use in an eligible trade occupation.

To claim the credit, get Form T1284, Saskatchewan Employee’s Tools Tax Credit, from the CRA’s Web site or by contacting the CRA (read "For more information" below).

Enter, on line 66 of Form SK428, the one-time trade entry credit from part 3 of Form T1284.

If your 2010 notice of assessment or notice of reassessment indicates an unused one-time trade entry credit, enter this amount on line 67 of Form SK428.

Enter, on line 68 of Form SK428, the annual maintenance credit from part 4 of Form T1284.

If you do not need all of your 2011 one-time trade entry credit to reduce your provincial tax to zero, you can carry forward any unused amount for two years.

Supporting documents - Attach Form T1284 to your paper return. If you are filing electronically, keep all your documents in case we ask to see them at a later date

Line 72 to 81 - Saskatchewan mineral exploration tax credit

Line 72 to 81 - Saskatchewan mineral exploration tax credit

You can claim this credit if you purchased shares from a mining exploration corporation in 2011. The company's exploration expense must be in Saskatchewan.

The credit is 10% of the eligible expenses, and it will be used to reduce your Saskatchewan tax in the year in which it is claimed. Any unused amounts can be carried forward for 10 years or carried back for 3 years.

Enter on line 72 of Form SK428 the total of the credits shown on each Slip SK-METC, Mineral Exploration Tax Credit Certificate, for 2011, you received from mining exploration corporations that incurred qualifying expenses in Saskatchewan.

If you received a Form T5013A, Statement of Partnership Income for Tax Shelters and Renounced Resource Expenses, with an amount in box 143, use only the amounts shown on your SK-METC slips to make this claim.

If your 2010 notice of assessment or notice of reassessment indicates an unused mineral exploration tax credit, enter this amount on line 73 of Form SK428.

Unused mineral exploration tax credit

If you cannot use all of your tax credit and you want to carry back the unused amount to previous years, use the chart for lines 76 to 81 on Form SK428 to calculate the available amount.

Enter on line 79 of Form SK428 any part of this amount that you want to carry back to reduce your 2010 Saskatchewan tax. Enter on line 80 any amount you want to carry back to 2009 and on line 81 any amount you want to carry back to 2008.

Any unused amount not carried back to a previous year on line 79, 80, or 81 will be shown on your 2011 notice of assessment or notice of reassessment.

Supporting documents - Attach slips SK-METC to your paper return. If you are filing electronically, keep all your documents in case we ask to see them at a later date

For more information

If you have questions about Saskatchewan income tax and credits (including the labour-sponsored venture capital tax credit), visit the CRA Web site at http://www.cra.gc.ca or call the CRA at 1-800-959-8281.

To get forms, visit the CRA Web site at http://www.cra.gc.ca/forms or call 1-800-959-2221.

If you have any questions about the graduate retention program tuition rebate or the previous graduate tax exemption program, contact:
Saskatchewan Ministry of Advanced Education
Employment and Immigration
Student Financial Assistance Branch
Box 650
4635 Wascana Parkway
Regina SK S4P 3A3
Call: 1 800 597-8278, or 787-5620 (in Regina)
Related information
SK479 - Saskatchewan Credit
Schedule SK(S2) - Provincial Amounts Transferred From Your Spouse or Common-Law Partner
Schedule SK(S11) - Provincial Tuition and Education Amounts