Line 608 - Federal tax abatement

Line 608 - Federal tax abatement

The federal tax abatement is equal to 10% of taxable income earned in the year in a Canadian province or territory.

The federal tax abatement reduces Part I tax payable. Income earned outside Canada is not eligible for the federal tax abatement.

On line 608, enter the amount of federal tax abatement.

Reference
Section 124

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