This version of the form is not currently in use and is provided for reference only. Download this version of Form 5006-S2 Schedule ON(S2) for the current year.
Form 5006-S2 Schedule ON(S2) in Canada is used to report the provincial amounts transferred from your spouse or common-law partner for the purposes of calculating your provincial tax credits and deductions. This form helps determine how much of your spouse's or common-law partner's unused provincial tax credits can be transferred to you to reduce your own provincial tax liability.
The taxpayer's spouse or common-law partner files the Form 5006-S2 Schedule ON(S2) Provincial Amounts Transferred From Your Spouse or Common-Law Partner in Canada.
Q: What is Form 5006-S2?
A: Form 5006-S2 is a schedule used in Canada for reporting provincial amounts transferred from your spouse or common-law partner.
Q: What is Schedule ON(S2)?
A: Schedule ON(S2) is a specific form of Schedule ON used in Ontario, Canada to report provincial amounts transferred from your spouse or common-law partner.
Q: Who needs to file Form 5006-S2?
A: If you live in Ontario, Canada and you want to report provincial amounts transferred from your spouse or common-law partner, you need to file Form 5006-S2.
Q: What are provincial amounts transferred from a spouse or common-law partner?
A: Provincial amounts transferred from a spouse or common-law partner are certain deductions or credits that can be transferred to you by your spouse or common-law partner to reduce your provincial tax liability.
Q: Is Schedule ON(S2) specific to Ontario only?
A: Yes, Schedule ON(S2) is specific to Ontario. Other provinces may have their own versions of the form to report provincial amounts transferred from a spouse or common-law partner.