The refundable tax credit for on-the-job training periods encourages young people to upgrade their professional qualifications and supports the efforts of businesses that help develop their skills.
You must complete a separate copy of Form CO-1029.8.33.6 for each entity (corporation, partnership or interposed partnership) that is claiming a tax credit. For each of these entities, you should also complete a separate copy of Form CO-1029.8.33.6 PARTS 2 to 7 for each trainee with regards to whom a tax credit is claimed.
You can access Form CO-1029.8.33.6 PARTS 2 to 7 from Part 2 to 7, “Tax credit for an on-the-job training period and/or further to the repayment of an amount of assistance, a benefit or an advantage,” or the table in Part 8, “Summary” of Form CO-1029.8.33.6.
When the corporation is a member of a partnership or an interposed partnership that is a member of an eligible partnership that incurred the expenditures, complete Part 5 of Form CO-1029.8.33.6. The information in this part will be posted by calculation to each copy of Form CO-1029.8.33.6 PARTS 2 to 7 related to this form.
Creating lines in Part 4
The lines in work chart A are managed with the Add and Delete buttons. However, to manage the lines in work chart B, the box 4- Situations 1 and 2 do not apply, and a portion of the salary or wages entitled the corporation to another tax credit or can give entitlement to a tax credit to a person or a member of a partnership other than the qualified corporation. must be selected and the lines are managed from work chart A. If a line is deleted in work chart A, the equivalent line in work chart B will be deleted as well.
Printing the form:
If you need to print only the completed copies of Form CO-1029.8.33.6, we recommend that you create a print format for this form and define the value “If applicable” or “Always” in the Print when? column with regards to Forms CO-1029.8.33.6 and CO-1029.8.33.6 PARTS 2 to 7. This way, Form CO-1029.8.33.6 and the related copies of Parts 2 to 7 will print for each copy of Form CO 1029.8.33.6.