Your federal charitable donation credit is calculated as follows: 15% on the first $200 = $30.00 plus 29% on the remaining $5,692 = $1,650.68 Thus $30.00 plus $1,650.68 = $1,680.68
You can review the calculation of this credit here Schedule 9, Donations and Gifts
Your federal charitable donation credit is calculated as follows: 15% on the first $200 = $30.00 plus 29% on the remaining $5,692 = $1,650.68 Thus $30.00 plus $1,650.68 = $1,680.68
You can review the calculation of this credit here Schedule 9, Donations and Gifts
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