Food bank tax credit for farmers - line 73 - Nova
Scotia
Effective January 1, 2016 and for the following years, you can
claim a non-refundable additional 25% credit if
you meet all the following conditions.
A) You were a resident of Nova Scotia 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
34900 of your federal Schedule 9
and on line 30 of form
NS428 as a charitable donation or gift for the
year.
For more information, please visit the following link:
https://www.canada.ca/fr/agence-revenu/services/impot/particuliers/sujets/tout-votre-declaration-revenus/declaration-revenus/remplir-declaration-revenus/impot-credits-provinciaux-territoriaux-particuliers/nouvelle-ecosse.html
To enter this additional credit, do the following:
1. On the "Left-side menu on 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 "Food
bank tax credit for farmers (Nova Scotia 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 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.
Your credit for federal donations will be carried over by the
program to line 34900 of Schedule 9 of the federal
return and on line 30 of form NS428.
The Food bank tax credit will be reported on line 74 of
form NS428.
ID: 20191126160634NI.xml
Webpage: KPA380-20191126160634NI.htm
