Sample Tax Credit Calculations

How much does it actually cost to donate to a scholarship or educational improvement organization and help change children’s lives?

Very little or NOTHING!

Companies can effectively get a dollar-for dollar credit for an EITC donation. If a company has not maximized their percentage of charitable donations, they can also deduct their contribution on their federal tax return.

Need more information?

REACH publishes informational materials to help organizations and businesses understand the EITC Program and how it works. If you need more information or would like to see sample tax calculations, please contact the REACH office at 717.238.1878 and request one of our new EITC brochures:

A Step-By-Step Guide for Accountants: Understanding the Educational Improvement Tax credit Program

Transforming Education in Pennsylvania: the latest facts about the Educational Improvement Tax Credit Program.

Your first copy is FREE! All copies after that are $1.00 each.