Prince Edward Island - Volunteer firefighters' amountYou can claim this refundable tax credit if you met the rules for claiming the amount on line 31220 of Federal Step 5. If you qualify for this credit, it will be reported by the program on line 63510 of Form PE428. Please follow the steps below:
1. On the "Left-side menu on the Interview tab", select "T4 and employment income".
2. On the screen to your right, choose ''T4 income (earned in any province except Quebec)''.
3. Enter the details of your T4 slip. To enter the information from Box 87, scroll down the page to ''Other information (click on the drop-down menu to see the list of choices)'', choose ''Box 87 - Volunteer firefighter exempt amount'' and enter the amount from Box 87 of your T4.
4. Return to the ''T4 and employment income'' option and on the screen to your right, go to the second group, "Other", choose the "Volunteer firefighters' amount and search and rescue volunteer amount" option and click the plus sign "+" on your right.
5. On the page that appears, choose the line ''Select the type of emergency services volunteers'' from the drop-down menu to your right and select the appropriate option.
6. For the line "Indicate how you wish to handle the federal firefighters' amount and search and rescue volunteer'', choose the appropriate option from the drop-down menu. By default, the program will indicate "Let MaxBack decide''.
7. However, if you choose the option "Do not claim the volunteer firefighters' amount" from the drop-down menu, the program will not increase your income with the amount of the exemption in Box 87 of the T4 slip and will not grant the credit on line 362 of federal Schedule 1.
For more information about this credit, please refer to the CRA guide via the following link:
Note: As a volunteer firefighter, you may be entitled to an exemption of income of up to $1,000. However, if you choose to claim this exemption, you will not be eligible to the volunteer firefighters' amount. This exemption is identified in Box 87 of the T4 slip.
ID: 20191204083138DE.xml
Webpage: KPA380-20191204083138DE.htm