Line 51 – Prince Edward Island surtax
Line 51 – Prince Edward Island surtax
You have to pay a surtax of 10% if the amount on line 50 is more than $12,500.
Prince Edward Island low-income tax reduction ▼
You can claim this tax reduction if you were a resident of Prince Edward Island on December 31, 2015, and any of the following conditions applied to you:
you were 19 years of age or older;
you had a spouse or common-law partner; or
you were a parent.
If you had a spouse or common-law partner on December 31, 2015, you and your spouse or common-law partner have to decide which one of you will claim this low-income tax reduction for your family. Any unused amount can be claimed by the other spouse or common-law partner on their Form PE428.
You cannot claim this tax reduction if on December 31, 2015, you were confined to a prison or a similar institution and were there for a total of more than six months during 2015.
Also, you cannot claim the tax reduction for a person who died in 2015.
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