Income Tax Act — I-3.3 122.5
n year, if (a) the amount deemed by that subsection to have been paid by the eligible individual during the particular month specified for the taxation year is less than $50; and (b) it is reasonable to conclude that the amount deemed by that subsection to have been paid by the eligible individual during each subsequent month specified for the taxation year will be less than $50. Advance payment (3.2) If this subsection applies, the total of the amounts that would otherwise be deemed by subsections (3) and (3.005) to have been paid on account of the eligible individual’s tax payable under this Part for the taxation year during the particular month specified for the taxation year, and during each subsequent month specified for the taxation year, is deemed to have been paid by the eligible individual on account of their tax payable under this Part for the taxation year during the particular specified month for the taxation year, and the amount deemed by subsections (3) and (3.005) to have been paid by the eligible individual during those subsequent months specified for the taxation year is deemed, except for the purpose of this subsection, not to have been paid to the extent that it is included in an amount deemed to have been paid by this subsection. Months specified (4) For the purposes of this section, the months specified for a taxation year are July and October of the immediately following taxation year and January and April of the second immediately following taxation year. COVID-19 — month specified (4.1) Notwithstanding subsection (4) and for the purposes of this section, the month specified in subsection (3.001) is May 2020 (or an earlier month designated by the Minister) and the taxation year is the 2018 taxation year. Month specified (4.2) Notwithstanding subsection (4) and for the purposes of this section, the month specified in subsection (3.002) is October 2022 and the taxation year is the 2021 taxation year. January 2023 – month specified (4.3) Notwithstanding subsection (4) and for the purposes of this section, the month specified in subsection (3.003) is January 2023 and the taxation year is the 2021 taxation year. January 2026 — month specified (4.4) Notwithstanding subsection (4) and for the purposes of this section, the month specified in subsection (3.004) is January 2026 and the taxation year is the 2024 taxation year. July 2026 to April 2031 — month specified (4.5) Notwithstanding subsection (4) and for the purposes of this section, the months specified in subsection (3.005) are July 2026, October 2026, January 2027, April 2027, July 2027, October 2027, January 2028, April 2028, July 2028, October 2028, January 2029, April 2029, July 2029, October 2029, January 2030, April 2030, July 2030, October 2030, January 2031 and April 2031, and if the month specified is July or October, the taxation year for the month specified is the immediately preceding taxation year and if the month specified is January or April, the taxation year for the month specified is the second preceding taxation year. Subsection (3) does not apply — month specified (4.6) Notwithstanding subsection (3), the amount that an eligible individual in relation to a month specified in subsection (4.5) is deemed to have paid during the specified month on account of their tax payable under this Part for the taxation year under subsection (3) is deemed to be nil for that specified month. Only one eligible individual (5) If an individual is a qualified relation of another individual in relation to a month specified for a taxation year and both those individuals would be, but for this subsection, eligible individuals in relation to the specified month, only the individual that the Minister designates is the eligible individual in relation to the specified month. (5.1) [Repealed, 2002, c. 9, s. 38(2)] Exception re qualified dependant (6) If a person would, if this Act were read without reference to this subsection, be the qualified dependant of two or