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Lily donated $3,000 to charities last year. What is the total amount of charitable donation tax credit (federal+BC) that he can claim? The first $200
Lily donated $3,000 to charities last year. What is the total amount of charitable donation tax credit (federal+BC) that he can claim? The first $200 donation has a federal tax credit rate of 15% and a BC tax credit rate of 5.06%. The remaining donation amounts have a federal tax credit rate of 29% and a BC tax credit rate of 16.8%. Round all calculated dollar amounts to two decimals. DO NOT input $ or commas.
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