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Fran

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    Donated securities

    I had roughly the same question. I made two donations of securities, which I did through Canada Helps, so have charitable donation receipts from them documenting the share transfers & sales, and the distributions to charities. The share transfer through my broker did not trigger a 5008; however, I knew I needed to generate a T1170 somehow, so I used the Capital Gains pages to enter each of the stock transfers. At the bottom of these pages, when the form asks "Is this disposition a gift to a charity...". I chose YES INCLUSION RATE REDUCED. T1170 and on the next line for eligible amount put the full amount of the share sale (which is what the Canada Helps receipt showed). My two questions are: 1) The last line on these pages is "If gift enter Class # of property - there is a long list of completely mysterious codes, none of which are explained there or , as far as I can discover, in the Tax Guide or the guide on Capital Gains. So I have no idea whether any of these apply to stock - I assumed no and left it blank. When I looked at my completed return, I do indeed have the T1170 for these donations, and the two amounts appear at the bottom of my list of other charitable donations and are included in the total, but (as someone above said) with no indication at all what they are/who the recipient is and no way to add this information. (Originally I had listed these transfer donations when I listed all the other straight money donations, but then these values appeared twice). If anyone understands the mysterious codes, please help! And should I just go ahead and send it in without recipients?
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