Political Contributions (federal and provincial)

What’s in this article?

 

What is this?

Federal political contributions
If you, your spouse, or your common-law partner contributed money to any of the following, you are eligible to claim the federal political contribution tax credit:

  • A registered federal political party
  • A candidate for election to the House of Commons

Click this link to learn how to calculate your credit amount.

 

Provincial and territorial political contributions
If you, your spouse, or your common-law partner contributed money to any of the following, you are entitled to claim the provincial political contribution tax credit:

  • Registered provincial or territorial parties
  • Constituency associations for candidates seeking election in a provincial or territorial election

This non-refundable tax credit is available in all provinces and territories except Ontario and Nunavut; Ontario and Nunavut offer a different, refundable tax credit for political contributions. Click this link to see a list of provinces and their available tax credits.

 

Am I eligible?

You must have a contribution slip from the federal or provincial political party to whom you made your contribution. You, your spouse, or your common-law partner can claim the full tax credit amount. The amount cannot be split.

Note: A federal contribution must be claimed on your federal tax return, and a provincial contribution must be claimed on your provincial tax return.

 

Canada Revenue Agency (CRA) says….

The eligible amount is the amount by which the fair market value of your monetary contribution exceeds any advantage you received or will receive for making it. Generally, an advantage includes the value of certain property, service, compensation, use, or any other benefit. This applies to any contribution made after December 20, 2002. Claim on line 410 of Schedule 1, the credit calculated on line 7 from the chart for line 410 on the federal worksheet.

 

Revenu Québec says…..

You can claim this tax credit if you made contributions in cash or by cheque:

  • to the official representatives of municipal political parties or independent candidates authorized under Québec's Act respecting elections and referendums in municipalities;
  • to the financial representatives of municipal party leadership candidates authorized under Québec's Act respecting elections and referendums in municipalities;
  • for the benefit of a political party leadership candidate authorized to receive such a contribution under Québec's Election Act, provided the leadership campaign was already underway on January 1, 2013.

 

Where do I claim this?

Follow these steps in H&R Block’s tax software if you are filing your 2015 taxes:

1. Click the PREPARE tab.
2. Click the OTHER icon. You will find yourself here:


 
3. Under the CHARITABLE & POLITICAL CONTRIBUTIONS section, select the checkbox for Political Contributions.
4. Scroll to the bottom of the page and click Continue.

When you arrive at the page for the Political Contributions, enter your information into the tax software.

 

Where can I learn more?