Form 5005-S2 Schedule 2 Federal Amounts Transferred From Your Spouse or Common-Law Partner (Large Print) in Canada is used to report any federal amounts that you are transferring from your spouse or common-law partner to lower your total tax payable. It is a part of the Canadian tax filing process.
The Form 5005-S2 Schedule 2 Federal Amounts Transferred From Your Spouse or Common-Law Partner (Large Print) in Canada is filed by taxpayers who want to transfer federal tax credits or amounts to their spouse or common-law partner.
Q: What is Form 5005-S2 Schedule 2?
A: Form 5005-S2 Schedule 2 is a tax form in Canada.
Q: What does this form capture?
A: This form captures federal amounts that were transferred from your spouse or common-law partner.
Q: What is the purpose of transferring amounts?
A: The purpose of transferring amounts is to reduce your overall tax liability.
Q: Is this form suitable for large print?
A: Yes, this form is available in a large print version.
Q: Do I need to file this form separately?
A: No, you need to include this form with your tax return.