Charitable donations and gifts

Donations

The following options are applicable for the keyword Donations.

• Canadian charitable donations

Use this option to report Canadian charitable donations. Enter the amount of the donations made in the current year and the name of the recipient with the keyword Amount.d. Include all donations for the current year, even if they exceed 75% of the net income.

You may choose this option to enter the amount of the charitable donations shown in box 103 of the T5013.

Any unclaimed amount will be carried forward automatically by DT Max. If you are entering data for a new client, enter charitable donation carryforwards with the keyword Amount-CF.d for the relevant year.

This amount is reported on line 10 of federal schedule 11 and line 123 of the Quebec TP-646 trust return. It is limited to 75% of the net income but you may limit or override the claim with the keyword Claim-OV.d.

• Gifts to government

Use this option to indicate that these gifts to Canada or to a province were made after February 18, 1997. Enter the value of the gift using the keyword Amount.d.

Select this option to enter the partner's share of all gifts, including cultural property to Canada or a to province, as indicated in box 103 of the T5013.

Any unused portion is automatically carried forward to the following year.

Do not use this option for amounts carried forward from prior years. Carryforwards will be calculated by DT Max and used automatically when possible. If you are entering data for a client not currently in your DT Max database, enter gift carryforwards from past years using the keyword Amount-CF.d.

This amount is reported on line 10 of federal schedule 11 and line 123 of the Quebec TP-646 trust return. It is limited to 75% of the net income but you may limit or override the claim with the keyword Claim-OV.d.

• Cultural and ecological gifts

Certified cultural property

A tax credit can be claimed based on the eligible amount of gifts of certified cultural property. The eligible amount of the gift is calculated based on the fair market value (FMV) of the property, as determined by the Canadian Cultural Property Export Review Board (CCPERB).

• Ecologically sensitive land gifts (after Feb. 10,2014)

Gifts of ecologically sensitive land

A tax credit can be claimed based on the eligible amount of a gift of ecologically sensitive land (including a covenant, an easement, or, in the case of land in Quebec, a real servitude) made to Canada, or one of its provinces, territories, or municipalities, or a registered charity approved by the Minister of the Environment.

• Gift of work of art to a Quebec museum (125%)

If, after March 14, 2000, you donated a work of art to a museum located in Quebec or other similar institution duly accredited, you may enter 125% of the amount used in the calculation of the credit.

• Gift of work of art to a Quebec museum (150%)
• Food donation by farming businesses (QC 150%)

The eligible amount for food donations made after March 26, 2015 can be increased by 50% for purposes of calculating the tax credit for donations and gifts if the following conditions are met:

• The donations are made by a trust that carries on a farming business that is considered to be a recognized farm producer.
• The donations are donations of eligible agricultural products.
• The donations are made to a registered charity that is either the Food Banks of Quebec or a Moisson member.

• U.S. charitable donations

Use this option to report U.S. charitable donations. Enter the amount of the donations made in the current year and the name of recipient with the keyword Amount.d. Include all donations for the current year, even if they exceed 75% of the net income. Enter the net income limit of the income earned in the U.S with the keyword US-Net-Inc.d.

Any unused portion is automatically carried forward to the client database. Do not include any carryforwards from prior years. Carryforwards will be calculated by DT Max and used automatically if possible. If entering data for a new client, input any U.S charity carried from past years using the keyword Amount-CF.d.

• Gifts to certain Quebec political education organizations

Use this option to enter donations to political education organizations, and enter the amount of the donations made in the current year as well as the name of the recipient with the keyword Amount.d. Include all donations for the current year even if they exceed the 75% of net income maximum.

Any unclaimed amount will be carried forward automatically by DT Max. If you are entering data for a new client, enter charitable donation carryforwards with the keyword Amount-CF for the relevant year.

• Donations made to universities outside Canada
• Donations made to the United Nations and its agencies

Exchange.d

Amount.d   

Recapture-CCA

Amount-CF.d   

The following options are applicable for the keyword Amount-CF.d.

• 1st prior year
• 2nd prior year
• 3rd prior year
• 4th prior year
• 5th prior year

Amount-CF.don   

The following options are applicable for the keyword Amount-CF.don.

• 1st prior year
• 2nd prior year
• 3rd prior year
• 4th prior year
• 5th prior year
• 6th prior year
• 7th prior year
• 8th prior year
• 9th prior year
• 10th prior year

Amount-CB.d   

For deaths that occur after December 31, 2015, donations made by will and designation donations will no longer be deemed to be made by an individual immediately before the individual's death, but by the individual's estate at the time of the transfer of the donated property, provided that such transfer is made within 36 months following the death.

The eligible amount of donations may be allocated by the legal representative of the estate both in the estate's tax return for the year of the transfer and the prior years as well as in the tax returns of the deceased individual for his last two taxation years.

The following options are applicable for the keyword Amount-CB.d.

• Year of death (individual)
• Year prior to year of death (individual)
• 1st prior year (trust)
• 2nd prior year (trust)
• 3rd prior year (trust)
• 4th prior year (trust)
• 5th prior year (trust)

US-Net-Inc.d   

Claim-OV.d   

DT Max will take this override amount into account when calculating the unused charitable donations amount to carry forward. Use [Alt-J] to enter different values for other jurisdictions.