Charitable Donation Tax Credit Calculator

The first $200 gets a modest federal credit. Every dollar after that jumps to a much richer rate, which changes the math on bunching donations into a single year.

Reading This Tool

How To Use This Calculator

Enter the annual donation amount, whether income falls in the top federal bracket, and your province's credit rate above $200.

Federal credit is 15% on the first $200 and 29%, or 33% for donors in the top bracket, on everything above that. Provincial credits stack on top using a similar two-tier structure, and vary by province, enter your own province's rate for an accurate number.

Your Inputs

Annual Donation Amount $5,000

Income In The Top Federal Tax Bracket?

Your Province's Credit Rate Above $200 13.2%

Donations can be carried forward up to five years, and spouses can pool donations onto one return, both are common ways to push a combined claim past the $200 threshold faster.

Combined Tax Credit

Total Combined Tax Credit

Federal Credit

Provincial Credit

Net After-Credit Cost Of Donating

Donation vs. Combined Tax Credit

Donation credits are non-refundable and generally limited to 75% of net income in a given year, with the estate able to claim more in the year of death. Donating publicly-traded securities directly, rather than cash from their sale, also eliminates the capital gains tax on the appreciation, not modeled here.

Donating appreciated securities instead of cash?

Talk To Our Personal Tax Team →