Sample Tax Computations
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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.
Of course, each company's tax situation is different, so you should consult your tax preparer.
Here are some sample tax computations:
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The file is 10MB, so please be patient when uploading this.
Need more information? Contact the REACH office at 717.238.1878 or mail@paschoolchoice.org and request our brand new accounting brochure, A Step-by-Step Guide for Accountants: Understanding the Educational Improvement Tax Credit Program. Your first copy is FREE! All copies after that are $1.00 each.
Content Last Modified on 2/18/2009 11:25:41 AM
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