INDIVIDUALS: TAX BRACKETS Taxable Income Up to $48,535 In excess of $48,535 In excess of $97,069 In excess of $150,473 > $214,368 TAX CREDITS Tax 15% $7,280 plus 20.5% on the next $48,534 $17,230 plus 26% on the next $53,404 $31,115 plus 29% on the next $63,895 $49,645 plus 33% on the remainder BASIC CREDIT = $13,229 x 15% = $1,984 SPOUSE/SPOUSAL EQUIVALENT (ELIGIBLE DEPENDENT) =15% x ($13,229 minus spouse/eligible dependent's net income) =$1,984 MAX Base amount increased by $2,273 (to $15,502) if the spouse/eligible dependent is mentally or physically infirm. CANADA CAREGIVER FOR CHILD