Community food program donation tax credit for
farmers - Ontario
You can claim a non-refundable additional 25% credit if you meet
all the following conditions:
A) You were a resident of Ontario at the end of the year.
B) You or your spouse or common-law partner operated a farming
business.
C) You made a qualifying food donation to an eligible food bank
this year.
D) You have claimed the qualifying donation on line 10 of your
federal Schedule 9 and on line 49 of Form ON428 as a charitable
donation or gift for the year.
For more information, please visit the following link:
https://www.canada.ca/en/revenue-agency/services/forms-publications/tax-packages-years/general-income-tax-benefit-package/ontario/5006-pc.html
To enter this additional credit, do the following:
1. On the left-side menu of
the " Interview " tab, select the
"Interview setup".
2. On the page that appears to the right, go to the "Common
Tax Deductions" group, check the box for "Donations and
federal political contributions" and click "Next".
3. Return to the left-side menu on
the " Interview " tab and select the
"Donations / political contributions".
4. On the right page, click the sign
plus "+" icon to the right of the line
"Community food program donation tax credit for farmers (Ontario
resident)".
5. On the page that appears, enter the relevant information.
However, if you want to share donations between spouses, you
need to follow this small procedure.
1. Return to the "Donations / political contributions" on
the left-side menu on
the " Interview " tab, on the screen
on your right, scroll down to the "Sharing and optimization"
group, and click the plus sign "+" icon located
to the right of the line "Sharing donations between spouses and
optimization of donations".
2. On the page that appears, choose the option that corresponds
to your situation.
Schedule 9 will be generated by the program and the eligible
credit will be entered on line 34900 of the federal return and on
line 58969 of Form ON428.
The additional credit will be carried over by the program on
line 62150 of Form ON428.
ID: 20211026181515CA.xml
Webpage: KPA335-20211026181515CA.htm