Charitable donations - Modify optimization
You want to know how to "Modify the optimization of our
donations".
Program's optimization uses just enough of your available
donations to reduce your federal tax to 0. Unused donations are
carried forward to use next year. In some cases, you may want to
force the program to claim a different amount of your available
donations or carry forward all the amount to the next tax year.
To change the optimization of charitable donations, please
follow the steps below:
1. On 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. On 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 from the drop-down menu
4. For the Quebec residents, go to the "Quebec -
Charitable donations and other gifts" section and the line
"Select how to distribute your family's charitable
donations - Quebec" and choose what suits you best.
For more information on charitable donations, please consult the
following links:
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
Quebec:
https://www.revenuquebec.ca/en/citizens/income-tax-return/completing-your-income-tax-return/completing-your-income-tax-return/line-by-line-help/350-to-3981-non-refundable-tax-credits/line-395/
ID: 20191125114617NI.xml
Webpage: KPA335-20191125114617NI.htm
