Charitable Tax CalculatorCalculates the estimated amount of the charitable tax credit available for charitable gifts based on province or territory.* Required Province *Province or territory, where the donor is or was living. AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland & LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon Taxable income *Income of the donor during the year the gift is made. Bequests of specific value *A bequest is a gift made in the will. Bequests of property or other physical items *Accurate, documented appraisals will be required so be realistic about values. Gifts of life insurance *Include only those where a charity is named and tax credits were not already claimed for the policy premiums. (Tax credits are available for premiums or death benefits but not both.) Gifts of investment accounts *Note that for gifts of non-registered, publically-traded securities, you can claim a tax credit and do not have to pay capital gains tax above. Gifts of residual value *Residual means the amount left over after all taxes, fees and specific distributions. Validate Email Results
