The Form 5006-S2 Schedule ON (S2) Provincial Amounts Transferred From Your Spouse or Common-Law Partner (Large Print) in Canada is used to report any provincial tax credits that you are transferring from your spouse or common-law partner. It is specifically designed for individuals with visual impairments, as it is in large print format.
The Form 5006-S2 Schedule ON (S2) Provincial Amounts Transferred From Your Spouse or Common-Law Partner (Large Print) in Canada is filed by individuals who want to transfer certain provincial amounts from their spouse or common-law partner.
Q: What is Form 5006-S2 Schedule ON (S2)?
A: Form 5006-S2 Schedule ON (S2) is used in Canada to report provincial amounts transferred from your spouse or common-law partner.
Q: Why would I need to use Form 5006-S2 Schedule ON (S2)?
A: You would need to use Form 5006-S2 Schedule ON (S2) if you want to claim any provincial amounts transferred from your spouse or common-law partner on your Canadian tax return.
Q: Is Form 5006-S2 Schedule ON (S2) only applicable to residents of Ontario?
A: Yes, Form 5006-S2 Schedule ON (S2) is specifically designed for residents of Ontario.
Q: What information do I need to fill out Form 5006-S2 Schedule ON (S2)?
A: To fill out Form 5006-S2 Schedule ON (S2), you will need the transferor's social insurance number, the amount being transferred, and details of the transfer.
Q: When is the deadline to submit Form 5006-S2 Schedule ON (S2)?
A: The deadline to submit Form 5006-S2 Schedule ON (S2) is usually the same as the deadline for filing your Canadian income tax return, which is April 30th, unless that day falls on a weekend or holiday.
Q: Can I claim amounts transferred from my spouse or common-law partner for any tax year?
A: No, you can only claim amounts transferred from your spouse or common-law partner for the current tax year or any unused amounts from the previous tax year.
Q: What do I do with Form 5006-S2 Schedule ON (S2) once I have completed it?
A: Once you have completed Form 5006-S2 Schedule ON (S2), you should keep a copy for your records and submit it along with your Canadian tax return to the CRA.