Political contribution tax credit - British
Columbia
You can claim contributions you or your spouse made in the year
to political parties or constituency associations registered in
British Columbia, or to candidates in an election to the British
Columbia legislature.
To claim the amount in the program, please follow these
steps:
1- On the "Left side menu on the Interview
tab", click on "British Columbia tax
credits".
2- On the right-hand side of the screen, click on the plus
"+" icon to the right of the line "BC428
line 60400 - British Columbia political contributions tax
credit", then click "Next" at the bottom
of the page.
3- On the new page, enter the amount of contributions in the
field "Provincial eligible political
contributions", then click "Next".
The program will calculate the amount for the British Columbia
Political Contribution Tax Credit, based on your total provincial
contributions, and report it to line 60400 of the
form BC428 - British Columbia Tax.
If your total political contributions are more than
$1,150, the credit will be $500
(maximum amount). If not, it will be calculated on line
73 of the BC Provincial worksheet from the left
side menu, under the "Tax Return" tab.
For more information on British Columbia tax credits, 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/british-columbia.html
ID: 20191113162407NIXX.xml
Webpage: KPA335-20191113162407NI.htm
