Donation Receipt Calculator
Estimate the eligible amount for a Canadian donation receipt and your tax credit savings.
Your Information
Donation Type
Cash Donation
Money, cheque, or electronic transfer
Gift in Kind
Non-cash property (stocks, real estate, art)
Split Receipting
Donor receives an advantage in return
Cash Donation Details
Gift in Kind Details
Because the FMV exceeds both $1,000 and your cost, you may elect a deemed FMV between your cost and the actual FMV to reduce capital gains (ITA s. 118.1(6)).
$0 (your cost)
$0 (full FMV)
Split Receipting Details
Your Tax Credit Estimate
How this calculator works
- Cash donations are receipted at face value.
- Gifts in kind are receipted at fair market value. If FMV exceeds both $1,000 and your cost, you may elect a lower deemed FMV to reduce the capital gain (ITA s. 118.1(6)). An independent appraisal may be required for property valued over $1,000.
- Split receipting applies when the donor receives an advantage. The eligible amount is FMV minus the advantage. A de minimis rule (ITA s. 248(31)–(32)) ignores the advantage if it is no more than the lesser of $75 and 80% of FMV. If the advantage reaches or exceeds 80% of FMV, no receipt can be issued.
- Federal tax credits: 15% on the first $200, and 29% (or 33% if taxable income exceeds the top bracket threshold for the selected tax year) on the remainder.
- Provincial tax credits vary by province and are applied to the same eligible amount.
- Quebec has a separate provincial credit claimed on the Quebec return (TP1), not the federal return.