Federal political contribution tax credit
This document applies only to the usual charitable donations. We
do not deal with cultural donations or more specific donations.
For more information on charitable donations in general, please
see the following links:
For the CRA:
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:
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/
To claim charitable donations, please follow this procedure:
1 - On the "Left side menu on the Interview tab", select
"Interview setup".
2- On the screen on your right, go to the "Common tax
deductions" group, check the box for "Donations and
federal political contributions" and then click
"Next" at the bottom of the page.
3- Return to the "Left side menu on the Interview tab",
select "Donations/political contributions" and in
the screen on your right, click on the plus "+" icon to the
right of the appropriate option. In general, the most common option
would be "Canadian charitable donations (other than per T4
slips and other slips)".
4- On the page that appears, enter the relevant information
about your donations.
5- If you wish to share the donations between spouses, return to
the "Left side menu on the Interview tab" and click again on
"Donations/political contributions".
6- In the screen that appears, scroll down to the group
"Sharing and optimization" and click on the plus "+"
icon to the right of the line "Sharing donations between
spouses and optimization of donations".
7- On the page generated, choose the appropriate option from the
drop-down menu to the right of the line "Select how to
distribute your family's charitable donations". If you selected
"Claim the specified amount", make sure to enter on the next
line the donation amount you wish to claim.
If applicable, follow the same procedure to complete the
provincial section located under the federal one.
The amount of the credit will be
calculated in Schedule 9 of the federal return and will be
reported on line 34900. For Quebec residents, the amount of
the credit will be calculated in Schedule V and will be
reported on line 395 of the provincial return.
ID: 20191125132843NI.xml
Webpage: KPA335-20191125132843NI.htm