Processing rules for bankruptcy returns (2009)
 |
| Federal return | |||
| The total amounts claimed in both the pre-bankruptcy and post-bankruptcy returns cannot exceed the amount that would have been deductible had the client not become bankrupt. | |||
| Pre = Amount received or paid from January 1st of the taxation year to the date before the date of bankruptcy. | |||
| Post = Amount received or paid from the date of bankruptcy to the end of the calendar year. | |||
| No = Not included/ Not permitted. | |||
| % Pre = Prorate based on the number of days from January 1st of the taxation year to the day before the date of bankruptcy. | |||
| % Post = Prorate based on the number of days from the date of bankruptcy to the end the taxation year. | |||
| Pre + Post = Net income for the entire calendar year is taken into consideration when calculating those amounts. | |||
| Minus Pre = The total amounts claimed in both the pre-bankruptcy and post-bankruptcy returns cannot exceed the amount that would have been deductible had the client not become bankrupt. | |||
| Pre or Post = Only one application can be made in respect of a calendar year. | Return type | ||
| Federal lines | Pre-bankruptcy | Trustee | Post-bankruptcy |
|---|---|---|---|
| Income | |||
| F101 - Employment income from T4 | Pre | Post | |
| F102 - Commissions included on line 101 | Pre | No | Post |
| F104 - Other employment income | Pre | No | Post |
| F113 - Old Age Security pension | Pre | No | Post |
| F114 - CPP or QPP benefits | Pre | No | Post |
| F115 - Other pensions or superannuation | Pre | No | Post |
| F116 - Elected split-pension amount | Pre | No | Post |
| F117 - Universal child care benefit | Pre | No | Post |
| F119 - Employment Insurance | Pre | No | Post |
| F120 - Taxable amount of dividends | Pre | Post | |
| F121 - Interest and other investment income | Pre | Post | |
| F122 - Net partnership income | Pre | Post | |
| F125 - Registered disability savings plan income | Pre | Post | |
| F126 - Net rental income | Pre | Post | |
| F127 - Taxable capital gains | Pre | Post | |
| F128 - Taxable amount of support payments received | Pre | Post | |
| F129 - RRSP income (Not allow a claim for HBP/LLP repayment on a Pre-bankruptcy return) |
Pre | Post | |
| F130 - Other income | Pre | Post | F135 - Net business income | Pre | Post | F137 - Net professional income | Pre | Post | F139 - Net commission income | Pre | Post | F141 - Net farming income | Pre | Post | F143 - Net fishing income | Pre | Post |
| F144 - Workers' compensation benefits | Pre | No | Post |
| F145 - Social assistance payments | Pre | No | Post |
| F146 - Net federal supplements | Pre | No | Post |
| Deductions - Net income | |||
| F206 - Pension adjustment | Pre | Post | |
| F207 - Registered pension plan deduction | Pre | Post | |
| F208 - RRSP deduction (Not allow a claim for HBP/LLP repayment on a Pre-bankruptcy return) |
Pre | No | Post |
| F209 - Saskatchewan Pension Plan deduction | Pre | No | Post |
| F210 - Deduction for elected split-pension amount | Pre | No | Post |
| F212 - Annual union, professional, or like dues | Pre | No | Post |
| F213 - Universal child care benefit repayment | Pre | No | Post |
| F214 - Child care expenses | Pre | No | Post |
| F215 - Disability supports deduction | Pre | No | Post |
| F217 - Allowable business investment loss deduction | Pre | Post | |
| F219 - Moving expenses | Pre | No | Post |
| F220 - Support payments made | Pre | No | Post |
| F221 - Carrying charges and interest expenses | Pre | No | Post |
| F222 - Deduction for CPP or QPP contributions | Pre | Post | |
| F224 - Exploration and development expenses | Pre | No | Post |
| F229 - Other employment expenses | Pre | No | Post |
| F231 - Clergy residence deduction | Pre | No | Post |
| F235 - Social benefits repayment | Pre | No | Post |
| Deductions - Taxable income | |||
| F244 - Canadian Forces personnel and police deduction | Pre | No | Post |
| F248 - Employee home relocation | Pre | No | Post |
| F249 - Security options deductions | Pre | No | Post |
| F250 - Other payments deduction | Pre | No | Post |
| F251 - Limited partnership losses of other years | Pre | Post | |
| F252 - Non-capital losses of other years | Pre | Post | |
| F253 - Net capital losses of other years | Pre | Post | |
| F254 - Capital gains deduction | Pre | Post | |
| F255 - Northern residents deductions (The number of days cannot exceed the number of days in the bankruptcy period) |
Pre | No | Post |
| F256 - Additional deductions | Pre | Post | |
| Federal non-refundable tax credit | |||
| F300 - Basic personal amount | % Pre | No | % Post |
| F301 - Age amount | % Pre | No | Minus Pre |
| F303 - Spouse or common-law partner amount | % Pre | No | Minus Pre |
| F305 - Amount for an eligible dependant | % Pre | No | Minus Pre |
| F367 - Amount for children born in 1992 or later | % Pre | No | % Post |
| F306 - Amount for infirm dependants age 18 or older | % Pre | No | % Post |
| F308 - CPP or QPP contributions (employment) | Pre | No | Minus Pre |
| F310 - CPP or QPP contributions (self-employment) | Pre | No | Minus Pre |
| F312 - Employment Insurance premiums | Pre | No | Minus Pre |
| F375 - PPIP premiums paid | Pre | No | Minus Pre |
| F376 - PPIP premiums payable on employment income | Pre | No | Minus Pre |
| F378 - PPIP premiums payable on self-employment income | Pre | Minus Pre | |
| F363 - Canada employment amount | Pre | No | Minus Pre |
| F364 - Public transit amount | Pre | No | Post |
| F365 - Children's fitness amount | Pre | No | Post |
| F368 - Home renovation expenses | Pre | Post | |
| F369 - Home buyers' amount | Pre | Post | |
| F313 - Adoption expenses | Pre | No | Post |
| F314 - Pension income amount | Pre | No | Minus Pre |
| F315 - Caregiver amount | % Pre | No | % Post |
| F316 - Disability amount | % Pre | No | % Post |
| F318 - Disability amount transferred from a dependant | % Pre | No | % Post |
| F319 - Interest paid on your student loans | Pre | No | Post |
| F323 - Tuition, education, and textbook amounts | Pre | No | Post |
| F324 - Tuition, education, and textbook amounts transferred from a child | % Pre | No | Minus Pre |
| F326 - Amounts transferred from your spouse or common-law partner | % Pre | No | % Post |
| F330 - Medical expenses | Pre | No | Post |
| F331 - Allowable amount of medical expenses for other dependants | Pre | No | Post |
| F349 - Donations and gifts | Pre | Post | |
| Federal tax | |||
| F424 - Federal tax on split income | Pre | Post | |
| F425 - Federal dividend tax credit | Pre | Post | |
| F427 - Minimum tax carry-over | Pre | Post | |
| F410 - Federal political contribution tax credit | Pre | No | Minus Pre |
| F412 - Investment tax credit | Pre | Post | |
| F414 - Labour-sponsored funds tax credit | Pre | No | Minus Pre |
| F417 - Federal tax before inclusion of WITB advance payments and additional tax on RESP accumulated income payments | Pre | Post | |
| F415 - Working Income Tax Benefit advance payment received | No | No | Post |
| F418 - Additional tax on RESP accumulated income payments | Pre | Post | |
| F422 - Social benefits repayment | Pre | No | Post |
| F428 - Provincial or territorial tax | Pre | Post | |
| F432 - Yukon First Nations tax | Pre | Post | |
| F435 - Total payable | Pre | Post | |
| F437 - Total income tax deducted (from all information slips) | Pre | Post | |
| F438 - Tax transfer for residents of Quebec | Pre | Post | |
| F440 - Refundable Quebec abatement | Pre | Post | |
| F441 - Federal refundable First Nations abatement | Pre | Post | |
| F448 - CPP overpayment | No | No | Pre + Post |
| F450 - Employment Insurance overpayment | No | No | Pre + Post |
| F451 - Net Employment Insurance overpayment | No | No | Pre + Post |
| F452 - Refundable medical expense supplement (Only for allowable medical expenses paid in the post period) |
No | No | Pre + Post |
| F453 - Working Income Tax Benefit | No | No | Pre + Post |
| F454 - Refund of investment tax credit | Pre | Yes | No |
| F456 - Part XII2 trust tax credit | Pre | No | Post |
| F457 - Employee and partner GST/HST rebate | Pre or Post | No | Pre or Post |
| Other | |||
| GST/HST credit application | No | No | Pre + Post |
| Estimation of Child tax benefits | No | No | Pre + Post |
| Schedule 7 - RRSP Unused Contributions, Transfers, and HBP or LLP Activities | |||
| F246 - Repayment under the HBP | No | No | Post |
| F262 - Repayment under the LLP | No | No | Post |
| Provincial and territorial | |||
| Return type | |||
| Provincial lines | Pre-bankruptcy | Trustee | Post-bankruptcy |
| 5804 - Basic personal amount | % Pre | No | % Post |
| 5808 - Age amount | % Pre | No | Minus Pre |
| 5812 - Spouse or common-law partner amount | % Pre | No | Minus Pre |
| 5816 - Amount for an eligible dependant | % Pre | No | Minus Pre |
| 5820 - Amount for infirm dependants age 18 or older | % Pre | No | % Post |
| 5824 - Canada or Quebec Pension Plan contributions | Pre | No | Minus Pre |
| 5828 - Canada Pension Plan contributions payable on self-employment earnings and other earnings | Pre | No | Minus Pre |
| 5832 - Employment insurance premiums | Pre | No | Minus Pre |
| 5836 - Pension income amount | Pre | No | Minus Pre |
| 5840 - Caregiver amount | % Pre | No | % Post |
| 5844 - Disability amount | % Pre | No | % Post |
| 5848 - Disability amount transferred from a dependant | % Pre | No | % Post |
| 5852 - Interest paid on student loans | Pre | No | Post |
| 5856 - Tuition and education amounts | Pre | No | Post |
| 5860 - Tuition and education amounts transferred from a child | % Pre | No | Minus Pre |
| 5864 - Amounts transferred from your spouse or common-law partner | % Pre | No | % Post |
| 5868 - Medical expenses for self, spouse or common-law partner, and your dependent children lesser than 18 of age | Pre | No | Post |
| 5872 - Allowable amount of medical expenses for other dependants | Pre | No | Post |
| 5896 - Donations and gifts | Pre | Post | |
| Newfoundland and Labrador | |||
| NL428 - Newfoundland and Labrador tax and credits | |||
| 5833 - Adoption expenses | Pre | No | Post |
| Newfoundland and Labrador low-income tax reduction | No | No | Pre + Post |
| Prince Edward Island | |||
| PE428 - Prince Edward Island tax and credits | |||
| 5823 - Amount for young children | % Pre | No | % Post |
| 5850 - Teacher school supply amount | Pre | No | Post |
| Prince Edward Island low-income tax reduction | No | No | Pre + Post |
| Nova Scotia | |||
| NS428 - Nova Scotia tax and credits | |||
| 5823 - Amount for young children | % Pre | No | % Post |
| Nova Scotia low-income tax reduction | No | No | Pre + Post |
| Nova Scotia volunteer firefighters and ground search and rescue tax credit | No | No | Post |
| New Brunswick | |||
| NB428 - New Brunswick tax and credits | |||
| New Brunswick low-income tax reduction | No | No | Pre + Post |
| Ontario | |||
| ON428 - Ontario tax | |||
| 5833 - Adoption expenses | Pre | No | Post |
| Ontario Tax Reduction | No | No | Pre + Post |
| Ontario investment and employee ownership (OIEO) tax credits | No | No | Post |
| Ontario Health Premium | No | No | Pre + Post |
| ON479 - Ontario credits and senior homeowners' property tax grant | |||
| Ontario property and sales tax credits | No | No | Pre + Post |
| Ontario political contribution tax credit | No | No | Pre + Post |
| Ontario focused flow-through share tax credit | No | No | Post |
| Manitoba | |||
| MB428 - Manitoba tax | |||
| 5833 - Adoption expenses | Pre | No | Post |
| 6147 - Family tax benefit | % Pre | No | Minus Pre |
| MB479 - Manitoba credits | |||
| Personal tax credit (Prorate Field 6105 based on the number of days) |
% Pre | No | % Post |
| Saskatchewan | |||
| SK428 - Saskatchewan tax | |||
| 5821 - Amount for dependent children born in 1991 or later | % Pre | No | % Post |
| 5822 - Senior supplementary amount | % Pre | No | % Post |
| 5879 - Graduate tax exemption amount | % Pre | No | % Post |
| Alberta | |||
| AB428 - Alberta tax and credits | |||
| 5833 - Adoption expenses | Pre | No | Post |
| British Columbia | |||
| BC428 - British Columbia tax | |||
| 5833 - Adoption expenses | Pre | No | Post |
| BC tax reduction | % Pre | No | % Post |
| Prorate the basic reduction amount | |||
| BC479 - British Columbia credits | |||
| Sales tax credit | No | No | Pre + Post |
| Yukon | |||
| YT428 - Yukon tax | |||
| 5833 - Adoption expenses | Pre | No | Post |
| Northwest Territories | |||
| NT479 - Northwest Territories credits | |||
| Cost of living tax credit | No | No | Pre + Post |
| Nunavut | |||
| NU428 - Nunavut tax | |||
| 6229 - Volunteer firefighters tax credit | Pre | No | Post |
| NU479 - Nunavut credits | |||
| Cost of living tax credit | No | No | Post | Quebec return |
| Return type | |||
| Quebec Lines | Pre-bankruptcy | Trustee | Post-bankruptcy |
| Income | |||
| Q101 - Employment income | Pre | Post | |
| Q105 - Correction of employment income, if you received an RL-22 slip | Pre | Post | |
| Q107 - Other employment income | Pre | Post | |
| Q110 - Parental insurance benefits | Pre | Post | |
| Q111 - Employment Insurance benefits | Pre | Post | |
| Q114 - Old Age Security pension | Pre | Post | |
| Q119 - QPP or CPP benefits | Pre | Post | |
| Q122 - Payments from a pension plan, payments from an RRSP, a RRIF or a DPSP, or annuities | Pre | Post | |
| Q123 - Retirement income transferred by your spouse | Pre | No | Post |
| Q128 - Taxable amount of Dividends from taxable Canadian corporations | Pre | Post | |
| Q130 - Interest and other investment income | Pre | Post | |
| Q136 - Net rental income | Pre | Post | |
| Q139 - Taxable capital gains | Pre | Post | |
| Q142 - Taxable support payments received | Pre | Post | |
| Q147 - Social assistance payments, and similar financial assistance | Pre | Post | |
| Q148 - Income replacement indemnities and net federal supplements | Pre | Post | |
| Q154 - Other income | Pre | Post | |
| Q164 - Business income | Pre | Post | |
| Deductions - Net income | |||
| Q201 - Deduction for workers | Pre | No | Post |
| Q205 - Registered pension plan (RPP) deduction | Pre | Post | |
| Q207 - Employment expenses and deductions | Pre | Post | |
| Q214 - RRSP deduction | Pre | Post | |
| Q225 - Support payments made (deductible amount) | Pre | Post | |
| Q228 - Moving expenses | Pre | Post | |
| Q231 - Carrying charges and interest expenses | Pre | Post | |
| Q234 - Allowable business investment loss | Pre | Post | |
| Q236 - Deduction for residents of designated remote areas | Pre | Post | |
| Q241 - Deduction for exploration and development expenses | Pre | Post | |
| Q248 - Deduction for amounts contributed to the QPP and the QPIP on income from self-employment | Pre | Post | |
| Q250 - Other deductions | Pre | Post | |
| Q252 - Carry-over of the adjustment of investment expenses | Pre | Post | |
| Q260 - Adjustment of investment expenses | Pre | Post | |
| Deductions - Taxable income | |||
| Q276 - Adjustment of deductions | Pre | Post | |
| Q278 - Universal Child Care Benefit and income from a registered disability saving plan | Pre | Post | |
| Q287 - Deductions for strategic investments | Pre | Post | |
| Q289 - Non-capital losses from other years | Pre | Post | |
| Q290 - Net capital losses from other years | Pre | Post | |
| Q292 - Capital gains deduction | Pre | Post | |
| Q293 - Deduction for an Indian | Pre | Post | |
| Q295 - Deductions for certain income | Pre | Post | |
| Q297 - Miscellaneous deductions | Pre | Post | |
| Non-refundable tax credits | |||
| Q350 - Basic personal amount | % Pre | No | % Post |
| Q358 - Adjustment for income replacement indemnities | % Pre | % Post | |
| Q361 - Age, living alone and amount for retirement income | No | No | Pre + Post |
| Q367 - Amount for dependants and amount transferred by a child 18 or over enrolled in post-secondary studies | Pre | No | Post |
| Q373 - Union, professional or other dues | Pre | Post | |
| Q376 - Amount for a severe and prolonged impairment in mental or physical functions | % Pre | No | % Post |
| Q378 - Expenses for medical services not available in your area | Pre | Post | |
| Q381 - Medical expenses | No | No | Pre + Post |
| Q384 - Tuition or examination fees | Pre | Post | |
| Q385 - Interest paid on a student loan | Pre | Post | |
| Q387 - Tuition or examination fees transferred by a child | % Pre | No | % Post |
| Q392 - Tax credit for graduates working in remote resource regions | No | No | Post |
| Q393 - Donations and gifts | Pre | Post | |
| Income tax and contributions | |||
| Q401 - Income tax on taxable income | Pre | Post | |
| Q414 - Tax credit for contributions to authorized Québec political parties | Pre | Post | |
| Q415 - Dividend tax credit | Pre | Post | |
| Q422 - Tax credit for Capital r‚gional/Desjardins | No | No | Post |
| Q424 - Tax credit for a labour-sponsored fund | Pre | Post | |
| Q431 - Credits transferred from one spouse to the other | No | No | Post |
| Q438 - Annual registration fee for the enterprise register | No | No | Post |
| Q439 - QPIP premium self-employment/employment outside Quebec | No | No | Pre + Post |
| Q441 - Advance payments of tax credits | No | No | Post |
| Q443 - Special taxes | Pre | Post | |
| Q445 - QPP contribution on self-employment | No | No | Pre + Post |
| Q446 - Contribution to the health services fund | No | No | Pre + Post |
| Q447 - Premium payable under the Quebec drug insurance plan | No | No | Pre + Post |
| Refund or balance due | |||
| Q451 - Québec income tax withheld at source, as shown on your RL slips or other information slips | Pre | Post | |
| Q451.1 - Québec income tax withholding transferred to your spouse | Pre | No | Post |
| Q451.3 - Québec income tax withholding transferred by your spouse | Pre | No | Post |
| Q452 - QPP or CPP overpayment | No | No | Pre + Post |
| Q453 - Income tax paid in instalments | Pre | Post | |
| Q454 - Transferable portion of the income tax withheld for another province | Pre | Post | |
| Q455 - Tax credit for child-care expenses | No | No | Pre + Post |
| Q456 - Tax credit respecting the work premium | No | No | Pre + Post |
| Q457 - QPIP overpayment | No | No | Pre + Post |
| Q458 - Tax credit for home-support services for seniors | No | No | Pre + Post |
| Q459 - QST rebate for employees and partners | Pre | Post | |
| Q460 - Property tax refund | No | No | Pre + Post |
| Q462 - Other credits: | |||
| [01] - Refundable tax credit for medical expenses (Schedule B) | No | No | Pre + Post |
| [02] - Tax credit for caregivers (Schedule H) | No | No | Post |
| [03] - Tax credit for taxi drivers and taxi owners (TP-1029.9) | No | No | Post |
| [04] - Tax credit for the modernization of the taxi fleet | Pre | Post | |
| [05] - Property tax refund for forest producers (Schedule E) | No | No | Post |
| [06] - Tax credit for adoption expenses (TP-1029.8.63) | No | No | Post |
| [07] - Tax credit for an on-the-job training period (TP-1029.8.33.6) | Pre | Post | |
| [08] - Tax credit for the repayment of benefits | Pre | Post | |
| [09] - Tax credit for income tax paid by an environmental trust | Pre | Post | |
| [10] - Tax credit for the reporting of tips (TP-1029.8.33.13) | Pre | Post | |
| [11] - Tax credit for the treatment of infertility (TP-1029.8.66.2) | No | No | Post |
| [12] - Tax credit for the acquisition of pig manure treatment facilities (TP-1029.8.36.LP) | Pre | Post | |
| [15] - Tax credit for scientific research and experimental development | Pre | Post | |
| [18] - Tax credit for a top-level athlete | No | No | Post |
| [19] - Tax credit for income from an income-averaging annuity for artists | Pre | Post | |
| [20] - Tax credit for volunteer respite services | No | No | Post |
| [21] - Tax credit for respite of caregivers (Schedule O) | No | No | Pre + Post |
| [22] - Home improvement and renovation (TP-1029.RR) | No | No | Post |
| [23] - Acquisition or lease of a new fuel-efficient vehicle (TP-1029.8.36.EC) | No | No | Post |
| Q466 - Financial compensation for home-support services | No | No | Pre + Post |
| Other | |||
| Q90 - QST credit | No | No | Pre + Post |
| Credit for individuals living in northern villages (Schedule I) | No | No | Post |
January 5, 2009