Tax Credits for Donations and Gifts

You can claim the following tax credits for donations and gifts:

  • the tax credit for charitable donations and other gifts
  • the additional tax credit for a large cultural donation
  • the tax credit for cultural patronage

To calculate the amount that you can claim on line 395, you must complete either Work chart 395 or Schedule V.

Completing Work chart 395

You must complete Work chart 395 if both of the following statements apply to your situation:

  • your donations and gifts were all made in 2015 (in other words, you are not carrying to 2015 an amount for donations and gifts made in a previous year)
  • your donations and gifts were all monetary donations (see the note below) made to one of the following donees:
    • a registered charity
    • a registered Canadian amateur athletic association
    • a registered Québec amateur athletic association
    • a recognized political education organization
Note

The following are considered monetary donations:

  • cash donations
  • donations made by cheque, credit card or money order
  • donations made by wire payment or electronic funds transfer

If neither of the statements above applies to your situation, you must complete Schedule V.

You must also complete Schedule V to claim the additional tax credit for a large cultural donation or the tax credit for cultural patronage, which you may be able to claim if you donated at least $5,000 to a registered charity operating in Québec in the arts or culture sector.

Tax credit for charitable donations and other gifts
(Part A of Schedule V)

You can claim a tax credit for charitable donations, gifts of cultural property, ecological gifts and gifts of musical instruments that you made in 2015 and from 2010 to 2014, provided the amounts in question have not already been used to calculate the tax credit.

For more information, see the instructions for line 395 in the guide to the income tax return (TP-1.G-V).

List of registered charities

To ensure that the organization to which you wish to make a donation is a duly registered charity, consult the Charities Listings on the Canada Revenue Agency's website.

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