Alberta Schedule 51, Alberta Resource Allowance and Depletion Schedules,
Reconciliation
Alberta Schedule 51 (Jump Code: A51) is used to determine adjusted resource profits, resource losses and the Alberta resource allowance.
The data in Alberta Schedule 51 comes from the federal Schedule 51 (Jump Code: 51). Extra lines have been added to lines 060, 061, 180, 181, 370, 371, 450 and 451 so that it is possible to make the necessary adjustments in order to determine the Alberta resource profits.
On line 150, Capital cost allowance, if the capital cost allowance in respect of property used to generate resource income is different from the federal, the amount carried over to this line will be the capital cost allowance from the property deemed as resource property in the Alberta Schedule 13.