Schedule V

Please refer the guide to determine whether you need to complete workchart 395 and whether you meet the conditions specified for point 395. if neither of the statements specified therein applies to your situation then you must complete Schedule V and also claim the additional tax credit for a large cultural donation or the tax credit for cultural patronage, which you may be able to claim if you donated at least $5,000 to a registered charity operating in Quebec in the arts or culture sector.

A. Tax credit for charitable donations and other gifts

In part A do not enter any donation for which you are claiming cultural patronage in Part C.

You can compute line 80 by going to Schedule V Workchart and fill the carry forward donation amount in Charitable donations : Carry - forward by year of origin in Part A Line 1

Eligible amounts of donations and gifts made to the following donees (include eligible amounts from previous years that you can carry forward to 2016):

The eligible amount of donation and gift to the concerned donee is to be entered in the worksheet in Schedule V Part A Section 1 in box 1

The eligible amount of donation and gift to the concerned donee is to be entered in the worksheet in Schedule V Part A Section 1 in box 2

The eligible amount of donation and gift to the concerned donee is to be entered in the worksheet in Schedule V Part A Section 1 in box 3

The eligible amount of donation and gift to the concerned donee is to be entered in the worksheet in Schedule V Part A Section 1 in box 4

Eligible amount of a charitable donation (including any eligible amounts from previous years that you can carry forward to 2016) that is one of the following:

If, after March 26, 2015, you donated food products that you produced and after March 17, 2016, you donated food products that you processed, the eligible amount of the donation can be increased by 50%, provided all of the conditions as specified in point 395 of the guide were met at the time of the donation

if you made a charitable donation or a gift of cultural property to certain donees and the donated property was a public work of art, the eligible amount of the gift can be increased by 25% or 50%.. In line 6 the value of gift whose value is to be increased by 50% is to be entered. For more information on how to determine the value refer point 395 of the guide under gift of a public work of art

if you made a charitable donation or a gift of cultural property to certain donees and the donated property was a public work of art, the eligible amount of the gift can be increased by 25% or 50%.. In line 6 the value of gift whose value is to be increased by 25% is to be entered. For more information on how to determine the value refer point 395 of the guide under gift of a public work of art

If you donated a work of art to a Québec museum, that is, a museum located in Québec or a recognized museum, the eligible amount of the gift can be increased by 25%. For more information on how to determine the value refer point 395 of the guide under Works of art donated to a Quebec museum

If you donated a building situated in Québec that can house artist studios or one or more cultural organizations, the eligible amount of the gift can be increased by 25%, provided the conditions specified in the guide are satisfied. For more information on how to determine the value refer point 395 of the guide under Gift of a building for cultural purposes

Line 14 - Add lines 1 through 4, 5, 7, 9, 11 and 13. Carry all or part of this amount to line 33.

For lines 6 to 12 in Part A if there is a carry forward of amount from earlier year then the amount for the relevant year is to be entered in the workchart in Charitable donations : carry forward by year of origin section.

2. Gifts of cultural property, ecological gifts and gifts of musical instruments

Include on lines 21, 22 and 23 the eligible amounts from previous years that you can carry forward to 2016 by entering them in the workchart in Charitable donations : carry forward by year of origin section.

For more information refer Table 2 in page 58 under point 395 of the guide

For more information refer Table 3 in page 59 under point 395 of the guide

For more information refer Table 2 in page 58 under point 395 of the guide

Line 31 : Add lines 21 through 23, 26, 28 and 30. Carry all or part of this amount to line 34

Enter the full value of the part of the amount from line 14

Enter the full value of the part of the amount from line 31

The tax credit for charitable donations and other gifts in line 40 is computed automatically based on amount entered in line 33 and/or line 34.

B. Additional tax credit for a large cultural donation

A large cultural donation is a monetary donation the eligible amount of which is at least $5,000 to the donees as specified in page 60 of the guide .

If you claimed a tax credit for charitable donations and other gifts (Part A) for a monetary donation of at least $5,000 you made in one or more instalments to an eligible donee as specified in page 60 of the guide, you can also claim the additional tax credit for a large cultural donation. However, if you already claimed this in 2013, 2014 or 2015, you cannot enter an amount on line 41 and claim the amount again in 2016.

Line 411 - Enter the registration number or business number of the donee which will show on the receipt issued by the donee.

This amount is to be entered in Part B box 41 in the workchart

If there is any carry forward then the amount is to be entered in the workchart in Charitable donations : carry forward by year of origin section

Based on the amount entered in line 41 and 43 the software computes the amount line 50 which is the additional tax credit for a large cultural donation.

C. Tax credit for cultural patronage

You cannot claim the tax credit for charitable donations and other gifts in Part A or the additional tax credit for a large cultural donation in Part B for any donation you enter in Part C.

Box 511 - Registration number (or business number) of the donee (shown on the receipt issued by the donee)

This amount is to be entered in the workchart in Charitable donations : carry forward by year of origin section

This amount is to be entered in Part C line 51 in worksheet page 1

This amount is computed by the system automatically by multiplying line 51 by 30%

D. Tax credit for donations and gifts

You can enter either full or part of amount from line 50 in here

You can enter either full or part of amount from line 59 in here

This amount is computed by the software by adding lines 60 through 62 and the result is carried to line 395 of your TP1 return.

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Schedule V - Tax Credits for Donations and Gifts (Rama please add French for entire page)

A. Tax credit for charitable donations and other gifts

B. Additional tax credit for a large cultural donation

C. Tax credit for cultural patronage

D. Tax credit for donations and gifts