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Children's Fitness Tax Credit
Baseball qualifies for the credit by getting kids active.
At the 2007 Baseball Ontario AGM, H&R Block made a presentation regarding the Children's Fitness Tax Credit that is effective for the 2007 tax year.
In order to qualify for the credit, an activity has to offer a significant amount of physical activity for the cardiovascular benefits as well as one of the following:
Muscular strength
Muscular endurance
Flexibility
Balance
The baseball program must last for at least eight weeks with a minimum of one session per week.
For kids under 10, the practice or game only has to last 30 minutes. For kids 10-16, it is an hour per week.
There is no standard receipt for the Children's Fitness Credit. Each local association must issue their own receipt.
Receipts needs to include:
The organization's name and address
The name of the eligible program or activity
The total amount received
The date received
The amount eligible for the Children's Fitness Credit
The full name of the payer
The name of the child and year of birth
An authorized signature if the receipt is not generated electronically
You can download the information brochure created by H&R Block here.
For a generic Tax Receipt you can add your organization's information to in order to distribute to your members, click here!
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