Line 47 - British Columbia tax on split income
Line 47 - British Columbia tax on split income
If you have to pay 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 British Columbia 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. For more information on tax on split income, see the General Income Tax and Benefit Guide.
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