Charitable donations - How to limit or carried
forward donations
You want to know how to carry forward the donations over several
years and benefit from a more advantageous tax credit.
As a first step, let us specify that this applies to usual
charitable donations. The maximum period is 5 years.
For more information on charitable donations, please consult the
following links:
For the federal:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-349-donations-gifts.html
For Quebec:
http://www.revenuquebec.ca/en/citoyen/declaration/produire/comment/aideligne/ligne395.aspx
To carry forward charitable donations, please follow these
steps:
1. In the "Left side menu on the Interview
tab", select the "Donations/political
contributions".
2. On the page generated on the right, scroll down to the
"Sharing and Optimization" group and click the
plus sign "+" icon to
the right of the line "Sharing donations between spouses
and optimization of donations".
3. In the page titled "Optimization of
donations" first, go to the "Federal - Charitable
donations" section. On line "Select how to
distribute your family's charitable donations, choose your
option the drop-down menu.
NOTE: If you want to carry forward all the amount of donations,
choose the option "Do not claim the donations".
4. For Quebec residents, go to the "Québec -
Charitable donations and other gifts" section and to the
line "Select how to distribute your family's charitable
donations - Quebec" and in the drop-down menu on the
right, choose your option.
5. You can also optimize the Quebec amounts of dons for cultural
patronage or of a large cultural donation.
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Webpage: KPA335-20191125114205NI.htm