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New Member
posted May 3, 2021 3:14:33 PM

Charitable donation credit

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1 Replies
Level 2
Dec 21, 2021 6:56:44 PM

More information is needed to answer your question. We have included some information below to help guide you.

Our TurboTax articles below may be of use to find what you are looking for.

Claiming Charitable Tax Credits

Tax Credit for Donating to Charities

Tax Benefits of Charitable Donations

 

 

Here is a Canada Revenue Agency (CRA) website: How do I calculate my charitable tax credits: which gives some information regarding the charitable donation credit. It is non-refundable tax credit which can only reduces your taxes payable but doesn't generate a refund. It also provides the calculation for federal and provincial tax credit rate.

Here is another CRA website: What types of gifts qualify for charitable tax credits: which tells you which type of donations are eligible for the tax credit. 

 

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