First-time donor’s super credit
The First-time donor's super credit (FDSC) supplements the value of the charitable donations tax credit (CDTC) by 25% on donations made after March 20, 2013, by a first-time donor.
For the purpose of the FDSC, you will be considered a first-time donor if neither you nor your spouse or common-law partner (if you have one) have claimed and been allowed a charitable donations tax credit for any year after 2007.
The FDSC applies to a gift of money made after March 20, 2013, up to a maximum of $1,000, in respect of only one taxation year from 2013 to 2017. This is the last year to claim the FDSC as it expired at the end of the 2017 tax year.
If you have a spouse or common-law partner, you can share the claim for the FDSC, but the total combined donations claimed cannot be more than $1,000.
An eligible first-time donor claims $700 of charitable donations in 2017, of which $300 are donations of money. The charitable donations tax credit (CDTC) and the first-time donor's super credit (FDSC) would be calculated as follows:
- On the first $200 of charitable donations claimed, the CDTC is ($200 x 15%) = $30.
- On the donations claimed in excess of $200, the CDTC is [($700 − $200) x 29%] = $145.
- On the donations that are gifts of money, the FDSC is ($300 x 25%) = $75.
- The total of the CDTC and FDSC is $250.
Completing your Schedule 9
To claim a first-time donor's super credit, enter the amount of your eligible gifts on line 343.
The amount entered on line 343 must also be included in the amount entered on line 340 by you and/or your spouse or common-law partner.
If you and your spouse or common-law partner share the donations credit, the total of the amounts claimed at line 343 cannot exceed the total of the amounts claimed at line 340.
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