Tax Credits
The following federal, provincial and territorial income tax credit amounts can be used in calculating employee source deductions in 2021.
| 2021 Federal Tax Credits | |
| Basic Personal Amount1 | $13,229.00 |
| Spouse or Common-law Partner Amount | $12,298.00 |
| Canada Caregiver Amount for Infirm Children Under 18 | $2,273.00 each child |
| Canada Caregiver Amount for Dependant(s) Age 18 or older | $7,276.00 |
| Eligible Pension Income Amount | $2,000.00 |
| Age 65 Amount | $7,637.00 |
| Disability Amount | $8,576.00 |
| 2021 Provincial Tax Credits | |
| Alberta | $19,369.00 |
| British Columbia | $10,949.00 |
| Manitoba | $9,838.00 |
| New Brunswick | $10,459.00 |
| Newfoundland & Labrador | $9,498.00 |
| Northwest Territories | $15,093.00 |
| Nova Scotia2 | $11,481.00 |
| Nunavut | $16,304.00 |
| Ontario | $10,783.00 |
| Prince Edward Island | $10,000.00 |
| Québec | $15,532.00 |
| Saskatchewan | $16,065.00 |
| Yukon | $12,298.00 |
- If the employee’s net income from all sources for the year will be $150,473 or less, they would enter $13,229 [on the TD1]. If the employee’s net income will be between $150,473 and $214,368, and they would want to calculate a partial claim, obtain Form TD1-WS, Worksheet for the 2020 Personal Tax Credits Return, and fill in the appropriate section. If the net income is more than $214,368, the employee will enter $12,298.
- An additional Basic Personal Amount of $3,000 can be claimed by employees with an annual income of $25,000 or less. A partial credit can be claimed by employees with an annual income between $25,000 and $75,000. See form TD1NS and TD1NS-WS worksheet for details.