How much is the tax credit?
Individuals may donate up for $1,700. Married couples filing jointly may donate up to $3,400.
A tax credit reduces the amount of federal income tax you owe. Unlike a tax deduction, a credit directly reduces your federal income tax liability.
NOTE: The credit is non-refundable and donors cannot designate their contribution for a specific student.
Please contact your tax advisor to determine if you are eligible to participate.
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