What is Canada employment amount?

Canada employment amount is a non-refundable tax credit (what is a tax credit?) for work-related expenses, such as home computers, uniforms, and supplies. It was introduced in 2006.

Canada employment amount is the total employment income you reported on line 101 and line 104 up to a maximum amount.

The maximum amount started with $250 in 2006. It jumped to $1,000 in 2007. It is indexed to inflation. The maximum amount reached $1,127 in 2014.

The Canada employment amount is reported on line 363 on schedule 1.

The tax credit is non-refundable. It is calculated by multiplying the lowest federal tax rate by the amount. 

Self-employment individuals are not eligible to claim this amount.

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The Canada employment amount rates and maximums year-by-year

Example

1). $800 was employment income reported in 2014. The income is below the maximum amount of 1,127. $800 was claimed on line 363 in Schedule 1 as Canada employment amount. The tax credit was $120 calculated by multiplying the lowest federal tax rate of 15% by the amount ($800).

2). $35,000 was employment income reported in 2014. The maximum amount of $1,127 was claimed on line 363 in Schedule 1 as Canada employment amount. The tax credit was $169.05 calculated by multiplying $1,127 by 15%.

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