Line 96 - Small business investor tax credit
Line 96 - Small business investor tax credit
You can claim up to $125,000 for investments in eligible shares you acquired in 2024 (that you did not claim on your 2023 return) or in the first 60 days of 2025.
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 tax credit 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 2024 New Brunswick tax to zero. Use Form T1258 to calculate any unused credit available to carry back or carry forward to a future year.
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