Can an American Charity receipt be used as a deduction on a Canadian Return -
My question is: Applicable to both US and Canada
QUESTION: Is an american charity tax receipt valid to claim on a canadian tax form? I am giving to a us charity and they are going to issue a tax receipt from the american charity.Can I use this for my charity donation?
Thank you
_________________________________________
david ingram replies:
The
original answer diappeared from this email.
You
can write off a onation to your old 'Alma Mater; whether in Germany,
France, Indonesia, of Jamaica and it does nnot matter where the money
came from.
For
other charities in other countries, you can write off up to 74% of the
money you have coming from that country.
So
if you have $10,000 of US or New Zealand or Japanese income that you
are reporting on your Canadian return, you can donate up to $7,500 as a
charitable donation inthat country - $100 would be up to $75.00, etc.
In
many cases, there is an equivalent Canadian Charity and you can make a
donation to the Canadian Red Cross with instructions that it be sent to
the American Red Cross as one example.
.
---------------------------------------------------------------------------------------------------------------
David Ingram's US / Canada Services
US / Canada / Mexico tax, Immigration and working Visa Specialists
US / Canada Real Estate Specialists
My Home office is at:
US / Canada / Mexico tax, Immigration and working Visa Specialists
US / Canada Real Estate Specialists
My Home office is at:
4466 Prospect Road
North Vancouver, BC, CANADA, V7N 3L7
Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325
North Vancouver, BC, CANADA, V7N 3L7
Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325
Calls welcomed from 10 AM to 9 PM 7 days a week Vancouver (LA) time - (please do not fax or phone outside of those hours as this is a home office)
Disclaimer:
This question has been answered without detailed information or
consultation and is to be regarded only as general comment. Nothing
in this message is or should be construed as advice in any particular
circumstances. No contract exists between the reader and the author and
any and all non-contractual duties are expressly denied. All readers
should obtain formal advice from a competent and
appropriately qualified legal practitioner or tax specialist for expert
help, assistance, preparation, or consultation in connection with
personal or business affairs such as at www.centa.com. If you forward this message, this disclaimer must be
included."
Be ALERT, the world needs more "lerts"
David Ingram
gives expert income tax & immigration help to non-resident
Americans & Canadians from New York to California to Mexico
family, estate, income trust trusts Cross border, dual citizen - out of
country investments are all handled with competence & authority.
Phone consultations are $400 for 15
minutes to 50 minutes (professional hour). Please note that GST is
added if product remains in Canada or a phone consultation is in Canada.
This is not intended to be definitive
but in general I am quoting $800 to $2,800 for a dual country tax
return.
$800 would be one T4 slip one W2 slip
one or two interest slips and you lived in one country only - no self
employment or rentals or capital gains - you did not move into or out
of the country in this year.
$1,000 would be the same with one
rental
$1,200 would be the same with one
business no rental
$1,200 would be the minimum with a
move in or out of the country. These are complicated because of the
back and forth foreign tax credits. - The IRS says a foreign tax credit
takes 1 hour and 53 minutes.
$1,500 would be the minimum with a
rental or two in the country you do not live in or a rental and a
business and foreign tax credits no move in or out
$1,600 would be for two people with income from two countries
$2,800 would be all of the above and
you moved in and out of the country.
This is just a guideline for US /
Canadian returns
We will still prepare Canadian only
(lives in Canada, no US connection period) with two or three slips and
no capital gains, etc. for $150.00 up.
With a Rental for $350
A Business for $350 - Rental and
business likely $450
And an American only (lives in the US
with no Canadian income or filing period) with about the same things in
the same range with a little bit more if there is a state return.
Moving in or out of the country or
part year earnings in the US will ALWAYS be $800 and up.
TDF 90-22.1 forms are $50 for the
first and $25.00 each after that when part of a tax return.
8891 forms are generally $50.00 to
$100.00 each.
18 RRSPs would be $900.00 - (maybe
amalgamate a couple)
Capital gains *sales) are likely
$50.00 for the first and $20.00 each after that.
Just a guideline not etched in
stone.
This from "ask an income trusts tax and immigration
expert" from www.centa.com or www.jurock.com or www.featureweb.com. David Ingram
deals on a daily basis with expatriate tax returns with multi
jurisdictional cross and trans border expatriate problems for the
United States, Canada, Mexico, Great Britain, United Kingdom, Kuwait,
Dubai, Saudi Arabia, Thailand, Indonesia, Japan, China, New Zealand,
France, Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador,
Bolivia, Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel,
Iraq, Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland,
Iceland, Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin
Islands, US, UK, GB, and any of the 43 states with state tax returns,
etc. Rockwall, Dallas, San Antonio Houston, Denmark, Finland, Sweden
Norway Bulgaria Croatia Income Tax and Immigration Tips, Income Tax
Immigration Wizard Antarctica Rwanda Guru Consultant Specialist
Section 216(4) 216(1) NR6 NR-6 NR 6 Non-Resident Real Estate tax
specialist expert preparer expatriate anti money laundering money
seasoning FINTRAC E677 E667 105 106 TDF-90 Reporting $10,000
cross border transactions Grand Cayman Aruba Zimbabwe South Africa
Namibia help USA US Income Tax Convention
David Ingram expert income tax help and preparation of US Canada Mexico non-resident and cross border returns with rental dividend wages self-employed and royalty foreign tax credits family estate trust trusts income tax convention treaty
New York, Boston, Sacramento,
Minneapolis, Salem, Wheeling, Philadelphia, Pittsburgh, Atlanta,
Pensacola, Miami, St Petersburg, Naples, Fort Myers, Cape Coral,
Orlando, Atlanta, Arlington, Washington, Hudson, Green Bay, Minot,
Portland, Seattle, St John, St John's, Fredericton, Quebec, Moncton,
Truro, Atlanta, Charleston, San Francisco, Los Angeles, San Diego,
Sacramento, Taos, Grand Canyon, Reno, Las Vegas, Phoenix, Sun City,
Tulsa, Monteray, Carmel, Morgantown, Bemidji, Sandpointe, Pocatello,
Bellingham, Custer, Grand Forks, Lead, Rapid City, Mitchell, Kansas
City, Lawrence, Houston, Albany, Framingham, Cambridge, London, Paris,
Prince George, Prince Rupert, Whitehorse, Anchorage, Fairbanks,
Frankfurt, The Hague, Lisbon, Madrid, Atlanta, Myrtle Beach, Key West,
Cape Coral, Fort Meyers, Berlin, Hamburg, Warsaw, Auckland,
Wellington, Honolulu, Maui, Kuwait, Molokai, Beijing, Shanghai, Tokyo,
Manilla, Kent, Winnipeg, Saskatoon, Regina, Red Deer, Olds, Medicine
Hat, Lethbridge, Moose Jaw, Brandon, Portage La Prairie, Davidson,
Craik, Edmonton, Calgary, Victoria, Vancouver, Burnaby, Surrey,
Edinburgh, Dublin, Belfast, Glasgow, Copenhagen, Oslo, Munich, Sydney,
Nanaimo, Brisbane, Melbourne, Darwin, Perth, Athens, Rome, Berne,
Zurich, Kyoto, Nanking, Rio De Janeiro, Brasilia, Colombo, Buenos
Aries, Squamish, Churchill, Lima, Santiago, Abbotsford, Cologne,
Yorkshire, Hope, Penticton, Kelowna, Vernon, Fort MacLeod, Deer Lodge,
Springfield, St Louis, Centralia, Bradford, Stratford on Avon, Niagara
Falls, Atlin, Fort Nelson, Fort St James, Red Deer, Drumheller,
Fortune, Red Bank, Marystown, Cape Spears, Truro, Charlottetown,
Summerside, Niagara Falls, income trust, Income Tax Treaty Convention
international non-resident
cross border income tax help estate family trust assistance expert
preparation & immigration consultant david ingram, income trusts
experts on rentals mutual funds RRSP RESP IRA 401(K) & divorce
preparer preparers consultants Income Tax Convention Treaty
Alaska, Alabama, Arkansas,
Arizona, California, Colorado, Connecticut, Delaware, District of
Columbia, Florida, Garland, Georgia, Hawaii, Idaho, Illinois,
Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland,
Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana,
Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York,
North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania,
Rhode Island, Rockwall, South Carolina, South Dakota,
Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin,
Wyoming, British Columbia, Alberta, Saskatchewan, Manitoba, Ontario,
Quebec City, New Brunswick, Prince Edward Island, Nova Scotia,
Newfoundland, Yukon and Northwest and Nunavit Territories, Mount
Vernon, Eumenclaw, Coos Bay and Dallas Houston Rockwall Garland, Texas
Taxman and Tax Guru and wizzard wizard - consultant - expert - advisor
-advisors consultants - gurus - Paris Prague Moscow Berlin Lima
Rio de Janeiro, Santaigo Zimbabwe Income Tax Treaty Convention
What's Related