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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 5014-S2 Schedule NU(S2)
for the current year.
Form 5014-S2 Schedule NU(S2) Territorial Amounts Transferred From Your Spouse or Common-Law Partner - Nunavut - Canada
Form 5014-S2 Schedule NU(S2) is used for reporting territorial amounts transferred from your spouse or common-law partner specifically for Nunavut in Canada.
FAQ
Q: What is Form 5014-S2?
A: Form 5014-S2 is Schedule NU(S2) used to report territorial amounts transferred from your spouse or common-law partner in Nunavut, Canada.
Q: What is Schedule NU(S2)?
A: Schedule NU(S2) is a form used to report territorial amounts transferred from your spouse or common-law partner in Nunavut, Canada.
Q: What are territorial amounts?
A: Territorial amounts refer to deductions or credits available for residents of Nunavut.
Q: Who is eligible to use Form 5014-S2?
A: Residents of Nunavut who have transferred territorial amounts from their spouse or common-law partner are eligible to use Form 5014-S2.
Q: Why would someone transfer territorial amounts from their spouse or common-law partner?
A: Transferring territorial amounts from a spouse or common-law partner can help reduce the overall tax burden for the couple.
Q: Is Form 5014-S2 specific to Nunavut?
A: Yes, Form 5014-S2 is specific to residents of Nunavut.
Q: Are there any deadlines for submitting Form 5014-S2?
A: The deadline for submitting Form 5014-S2 is usually April 30th of the following year, but it's always a good idea to check with the CRA for any updates or changes.
Q: Can I claim territorial amounts transferred from my spouse or common-law partner if they live outside of Nunavut?
A: No, territorial amounts can only be claimed if both the transferee and transferor are residents of Nunavut.
