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New Member
posted Oct 30, 2019 10:24:51 PM

When I enter my first charitable donation amount, it is calculating a 25% credit instead of the 50% that it should. Why would one be different?

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1 Replies
Level 11
Oct 30, 2019 10:24:52 PM

The credit given for donations is based on the total amount of donations you're claiming in the year. For example, if your total donations were $200, you'll receive a credit of 15% or $30. If your total donations were $1200, the credit for the amount above the $200 figure is higher. 

$1200 donation = $320 credit

  • First $200 = $30 credit ($200 X 15%)
  • Remaining $1000 = $290 credit ($1000 X 29%)

Please note that the First-time Donor's Super Credit was retired in 2017.