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| *The Commerce Journal>>>Canada Taxes |
Could i claim a gift to a nursing home? |
if i give a gift of a wheel chair to a nursing home could i claim it on my income taxes six months old cost $10000.00 i am canadian Unfortunately, if the nursing home is not a registered charity, then you cannot claim your donation for tax purposes. You can see if it is a registered charity on the CRA website: http://www.cra-arc.gc.ca/tax/charities/d... If it is not a registered charity, then your gift has no relevance for tax purposes. Nevertheless, I trust that you have made a much welcomed contribution to the tenants of the nursing home. Another thing you need to be aware of is that your wheel chair purchase is claimable as a medical expense for the medical expense tax credit if it was bought to be used by you, your spouse, your child, or your dependent. See list of allowable medical expenses: http://www.cra-arc.gc.ca/tax/individuals... You cant if you call it a gift. Under special sections of the income tax maybe. Consult ur auditor. |
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