Line 91 - Small business investor tax credit

You can claim up to $125,000 for investments in eligible shares you acquired in 2020 (that you did not claim on your 2019 return) or in the first 60 days of 2021.

How to claim this credit

Complete Form T1258, New Brunswick Small Business Investor Tax Credit.

Supporting documents

If you are filing a paper return, attach your Form T1258 and the NB-SBITC-1 certificate(s).

Unused small business investor tax credits

You can carry forward your unused credits for seven years or carry them back for three years.

You may not need to use all of your credit to reduce your 2020 New Brunswick tax to zero. Use Form T1258 to calculate any unused credit available to carry back or carry forward to a future year.

5