New FDSC - First-time Donor's Super Credit - Profile unable to accommodate this formula??
We see that CRA has announced a new First-time Donor's Super Credit for donations up to $1000. First-time donors (haven't donated to an eligible charity in the last 5 years) who donated in 2013 after March 20, will qualify for an additional 25% credit.
However, I don't see in 2013 Profile Donations or S9 where the First-Time Donor can be selected and the calculation of the additional 25% credit can be calculated.
Surely we don't have to rely on CRA to flag all taxpayers who make charitable donations so they can look up the last 5 years to see whether the TP or spouse have not made any charitable donations, thus qualifying for the Super Credit???
Anyone have any info on this?