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This version of the form is not currently in use and is provided for reference only. Download this version of
Form 5013-SB Schedule B
for the current year.
Form 5013-SB Schedule B Allowable Amount of Non-refundable Tax Credits - Canada
Form 5013-SB Schedule B Allowable Amount of Non-refundable Tax Credits in Canada is used to calculate the total amount of non-refundable tax credits that an individual or corporation can claim. These credits are used to reduce the amount of tax owed to the government.
FAQ
Q: What is Form 5013-SB Schedule B?A: Form 5013-SB Schedule B is a tax form in Canada.
Q: What does Schedule B determine?A: Schedule B determines the allowable amount of non-refundable tax credits.
Q: What are non-refundable tax credits?A: Non-refundable tax credits are tax credits that can reduce your tax liability but cannot be used to generate a tax refund.
Q: Why is the allowable amount of non-refundable tax credits important?A: The allowable amount of non-refundable tax credits can reduce the amount of taxes you owe.
Q: Is Form 5013-SB Schedule B applicable only for Canada?A: Yes, Form 5013-SB Schedule B is specific to Canada and not applicable for the United States.
