ARCHIVED - Completing Your Ontario Forms
| Amount of eligible expenditures | × 10% * | = | 1 | ||||||||||
| Enter again the amount of eligible expenditures | × 5% | = | 2 | ||||||||||
| Total of salaries and wages paid in the previous tax year |
− $400,000 = | 3 | |||||||||||
| Amount from line 3 (if negative, enter "0") | ÷ 200,000 = | 4 | |||||||||||
| 1 | minus the amount from line 4 | = | (if negative, enter "0") |  × |
5 | ||||||||
| Multiply line 2 by line 5 | = | + |
6 | ||||||||||
| Add lines 1 and 6 | Credit amount | = | 7 | ||||||||||
| * Enter the applicable rate for line 1: | Apprenticeship training tax credit = 25% Co-operative education tax credit = 10% |
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