Rules
- Federal credit: lowest rate (14% in 2026) on the first $200, 29% above $200, and 33% on the part of donations that matches income taxed at 33%.
- You can claim donations up to 75% of net income and carry unused donations forward five years.
- Spouses can pool receipts on one return so only one person pays the low rate on the first $200.
FAQ
What is the tax credit on $1,500 of donations?
$405 federal: $28 on the first $200 and $377 on the remaining $1,300 (taxable income under $258,482).
Sources (checked Nov 6, 2026): Income Tax Act s. 118.1; CRA, Charitable donation tax credit rates.