Food bank tax credit for farmers - line 74 - Nova ScotiaEffective January 1, 2016 and for the following years, you can claim a non-refundable additional 25% credit if you meet all the following conditions.
A) You were a resident of Nova Scotia at the end of the year.
B) You or your spouse or common-law partner operated a farming business.
C) You made a qualifying food donation to an eligible food bank this year.
D) You have claimed the qualifying donation on line 34900 of your federal Schedule 9 and on line 30 of form NS428 as a charitable donation or gift for the year.
For more information, please visit the following link:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/provincial-territorial-tax-credits-individuals/nova-scotia.html
To enter this additional credit, do the following:
1. On the "Left-side menu on 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 right page, click the plus sign "+" icon to the right of the line "Food bank tax credit for farmers (Nova Scotia 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 on 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 to line 34900 of Schedule 9 of the federal return and on line 30 of form NS428.
The Food bank tax credit will be reported on line 74 of form NS428.
ID: 20191126162644NI.xml
Webpage: KPA380-20191126162644NI.htm