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Tax Credit Charitable Donations

Tax Credit Charitable Donations

Question: The US has a way of calculating charitable tax donations of used clothing, appliances etc to ie Diabetes assoc

Do we (Canadians) have something simular? ie if we were to donate children’s toys, clothing there is a preset amount for each item that totals up and you use that dollar amount to submit for income tax credit.




Answer: If you donate them to Goodwill, or Salvation army you can ask for a tax receipt.

Bluegrass society accepting tax deductible donations first year

The year’s end is when many make contributions to favorite charities. This is the first year the Acoustic Music Society, which hosts the monthly bluegrass festivals at Lee Civic Center, is able to accept fully tax deductible donations.

TurboTax Tips – Five Things To Know About Charitable Contributions




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