FARMERS' FOOD DONATION TAX CREDIT - LINE 58980 - BRITISH COLUMBIAYou can claim this credit if you meet all the following conditions:
- You (or your spouse or common-law partner) earned farming income in British Columbia in the year the gift was made.
- You made a qualifying gift to an eligible charity in the year.
- You have claimed the qualifying gift on line 34900 of your federal Schedule 9 and on line 50 of your form BC428, as a charitable donation or gift for the year.
You can claim 25% of the eligible amount of the total qualifying gifts made to an eligible done.
A qualifying gift is a gift of one or more agricultural products you produced in British Columbia and donated to an eligible charity in British Columbia after February 16, 2016.
For more information, please visit the following link:
To enter this additional credit, do the following:
1. On the "Left-side menu of the Interview tab", select the "Interview setup".
2. On the page that appears to the right, go to the "Common Tax Deductions" group, check the box for "Donations and federal political contributions" and click "Next".
3. Return to the "Left-side menu on the Interview tab" and select the "Donations / political contributions".
4. On the page to the right, click the sign plus "+" icon to the right of the line "Community food program donation tax credit for farmers (British Columbia resident)".
5. On the page that appears, enter the relevant information.
However, if you want to share donations between spouses, you need to follow this small procedure.
1. Return to the "Donations / political contributions", on the screen to your right, scroll down to the "Sharing and optimization" group, and click the plus sign "+" icon located to the right of the line "Sharing donations between spouses and optimization of donations".
2. On the page that appears, choose the option that corresponds to your situation.
Your credit for federal donations will be carried over by the program on line 34900 of Step 5 of the federal return and on line 58969 of form BC428.
The Farmers' food donation tax credit will be carried over by the program on line 58980 of form BC428
ID: 20220228101730DEX.xml
Webpage: KPA335-20220228101730DE.htm