Form T3 Schedule 11A "Donations and Gifts Tax Credit Calculation" - Canada

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Download Form T3 Schedule 11A "Donations and Gifts Tax Credit Calculation" - Canada

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Clear Data
Protected B
when completed
T3 –
Donations and Gifts Tax Credit Calculation
Schedule 11A
• Enter the applicable tax year in the box above.
Donations made to a registered charity, a registered Canadian amateur athletic association, and a registered Canadian
low-cost housing corporation for the aged.
Donations made to government entities (Government of Canada, a province or territory, a registered municipality in Canada,
1
or a registered municipal or public body performing a function of government in Canada)
11126
+
Donations made to a registered university outside Canada
11127
2
+
Donations made to the United Nations, its agencies, and certain registered foreign charities
3
11128
For Graduated Rate Estate and former Graduated Rate Estate only:
Donations and gifts applied to the deceased individual's final return for the year of death, or in the immediately
preceding tax year (see Schedule 11A, line 4 in the T4013, T3 Trust Guide)
4
11117
=
11121
5
Total of lines 1, 2, and 3 minus line 4 (Total eligible amount of charitable donations)
×
=
75%
6
Enter your net income from line 50 of your return
Note: If the amount on line 5 is less than the amount on line 6, enter the amount from line 5 on line 10 below, and continue completing the schedule
from that line.
+
25% of taxable capital gains from gifts of capital property (see Schedule 11A, lines 7 and 8 in the T4013, T3 Trust Guide)
11123
7
25% of recapture of capital cost allowance on donated depreciable property
+
11124
8
(see Schedule 11A, lines 7 and 8 in the T4013, T3 Trust Guide)
=
Total donations limit (total of lines 6, 7 and 8, or the amount on line 50 of the T3 return, whichever is less)
9
10
Allowable charitable donations (enter the amount from line 5 or line 9, whichever is less)
+
11122
11
Eligible amount of cultural and ecological gifts (for more information, see Guide T4013, T3 Trust Guide)
For Graduated Rate Estate and former Graduated Rate Estate only:
Amount of cultural and ecological gifts applied to the deceased individual's final return for the year of death, or in the
immediately preceding tax year
12
11118
=
Total donations and gifts (total of lines 10 and 11 minus line 12)
13
11125
14
Donations claimed for the current tax year
14
Enter the amount of donations included on line 14 that were made before 2016
11119
A
15
Enter $200 or the amount from line 14, whichever is less
=
Line 14 minus line 15
16
Notes:
For a Graduated Rate Estate (GRE) or a Qualified Disability Trust (QDT) (see Schedule 11A, lines 15 to 31 in the T4013, T3 Trust Guide)
If your taxable income is less than $210,371 enter "0" at line 25 and continue on line 27. Otherwise, complete lines 17 to 26, before continuing on line 27
For trusts other than GRE and QDT (see Schedule 11A, lines 15 to 31 in the T4013, T3 Trust Guide) Complete lines 17 to 21, before continuing on line 25
Enter the amount from line 16
17
18
Enter the amount from line 14A
=
Line 17 minus line 18; If negative, show in brackets
19
+
If line 18 is greater than "0" enter the amount from line 15 or line 18, whichever is less
20
=
Line 19 plus line 20
21
Enter your taxable income from line 56 of your T3 return
22
210,371.00
23
Income threshold
=
Line 22 minus line 23 (if negative enter "0")
24
For a GRE or QDT
Enter "0" if you did not complete lines 17 to 24.
Otherwise, enter the amount from line 21 or line 24, whichever is less
For trusts other than GRE and QDT
×
Enter the amount from line 21
25
33%
26
For a GRE or QDT
Enter the amount from line 16, if you did not complete lines 17 to 26
Otherwise, enter the result from line 16 minus line 25
For trusts other than GRE and QDT
×
+
29%
Enter the amount from line 16 minus line 25
27
28
×
+
15%
Enter the amount from line 15
29
30
=
*Donations and gifts tax credit (add lines 26, 28 and 30)
11120
31
*Enter this amount on line 16 of Schedule 11
*Line 31 cannot exceed line 12 minus line 15 of Schedule 11
See the privacy notice on your return
(Ce formulaire est disponible en français.)
T3 SCH 11A E (19)
Clear Data
Protected B
when completed
T3 –
Donations and Gifts Tax Credit Calculation
Schedule 11A
• Enter the applicable tax year in the box above.
Donations made to a registered charity, a registered Canadian amateur athletic association, and a registered Canadian
low-cost housing corporation for the aged.
Donations made to government entities (Government of Canada, a province or territory, a registered municipality in Canada,
1
or a registered municipal or public body performing a function of government in Canada)
11126
+
Donations made to a registered university outside Canada
11127
2
+
Donations made to the United Nations, its agencies, and certain registered foreign charities
3
11128
For Graduated Rate Estate and former Graduated Rate Estate only:
Donations and gifts applied to the deceased individual's final return for the year of death, or in the immediately
preceding tax year (see Schedule 11A, line 4 in the T4013, T3 Trust Guide)
4
11117
=
11121
5
Total of lines 1, 2, and 3 minus line 4 (Total eligible amount of charitable donations)
×
=
75%
6
Enter your net income from line 50 of your return
Note: If the amount on line 5 is less than the amount on line 6, enter the amount from line 5 on line 10 below, and continue completing the schedule
from that line.
+
25% of taxable capital gains from gifts of capital property (see Schedule 11A, lines 7 and 8 in the T4013, T3 Trust Guide)
11123
7
25% of recapture of capital cost allowance on donated depreciable property
+
11124
8
(see Schedule 11A, lines 7 and 8 in the T4013, T3 Trust Guide)
=
Total donations limit (total of lines 6, 7 and 8, or the amount on line 50 of the T3 return, whichever is less)
9
10
Allowable charitable donations (enter the amount from line 5 or line 9, whichever is less)
+
11122
11
Eligible amount of cultural and ecological gifts (for more information, see Guide T4013, T3 Trust Guide)
For Graduated Rate Estate and former Graduated Rate Estate only:
Amount of cultural and ecological gifts applied to the deceased individual's final return for the year of death, or in the
immediately preceding tax year
12
11118
=
Total donations and gifts (total of lines 10 and 11 minus line 12)
13
11125
14
Donations claimed for the current tax year
14
Enter the amount of donations included on line 14 that were made before 2016
11119
A
15
Enter $200 or the amount from line 14, whichever is less
=
Line 14 minus line 15
16
Notes:
For a Graduated Rate Estate (GRE) or a Qualified Disability Trust (QDT) (see Schedule 11A, lines 15 to 31 in the T4013, T3 Trust Guide)
If your taxable income is less than $210,371 enter "0" at line 25 and continue on line 27. Otherwise, complete lines 17 to 26, before continuing on line 27
For trusts other than GRE and QDT (see Schedule 11A, lines 15 to 31 in the T4013, T3 Trust Guide) Complete lines 17 to 21, before continuing on line 25
Enter the amount from line 16
17
18
Enter the amount from line 14A
=
Line 17 minus line 18; If negative, show in brackets
19
+
If line 18 is greater than "0" enter the amount from line 15 or line 18, whichever is less
20
=
Line 19 plus line 20
21
Enter your taxable income from line 56 of your T3 return
22
210,371.00
23
Income threshold
=
Line 22 minus line 23 (if negative enter "0")
24
For a GRE or QDT
Enter "0" if you did not complete lines 17 to 24.
Otherwise, enter the amount from line 21 or line 24, whichever is less
For trusts other than GRE and QDT
×
Enter the amount from line 21
25
33%
26
For a GRE or QDT
Enter the amount from line 16, if you did not complete lines 17 to 26
Otherwise, enter the result from line 16 minus line 25
For trusts other than GRE and QDT
×
+
29%
Enter the amount from line 16 minus line 25
27
28
×
+
15%
Enter the amount from line 15
29
30
=
*Donations and gifts tax credit (add lines 26, 28 and 30)
11120
31
*Enter this amount on line 16 of Schedule 11
*Line 31 cannot exceed line 12 minus line 15 of Schedule 11
See the privacy notice on your return
(Ce formulaire est disponible en français.)
T3 SCH 11A E (19)