460 – Tax shield

The tax shield is based on your conjugal status and family income. You can claim it if you were resident in Québec on December 31, 2017, and you (or your spouse, if applicable) are entitled to the tax credit for childcare expenses, the work premium or the adapted work premium. You must, however, meet the following requirements:

  • if you did not have a spouse on December 31, 2017:
    • your net income for the year (line 275 of your 2017 income tax return) is greater than that reported in your 2016 income tax return, and
    • your eligible work income for 2017 is greater than that for 2016 (based on your income tax returns for each of those years); or
  • if you had a spouse on December 31, 2017:
    • your net family income (the total of the amounts on line 275 of your and your spouse's 2017 income tax return) is greater than that for 2016, and
    • your or your spouse's eligible work income for 2017 is greater than that for 2016 (based on your income tax returns for each of those years).

Claiming the tax shield

To claim the tax shield, check box 99 on Schedule C or box 5 on Schedule P.We will calculate the amount to which you are entitled.

If you would rather calculate the amount yourself, complete form TP-1029.BF-V, Tax Shield. Do not enclose the form with your return, but keep it for your files.

Splitting the tax credit

If you and your spouse are both claiming the tax shield, the amount of the credit will be split evenly between you.

Note

If you were entitled to any of the tax credits respecting the work premium in 2016 but are not entitled to them in 2017 because your income is too high, you may still be entitled to the tax shield for 2017. Complete Schedule P and enclose it with your return.

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