Because the Women’s and Children’s Alliance is serving at risk youth in our community, the State of Idaho has approved that charitable gifts to the organization qualify for the Youth and Rehabilitation Facilities Tax Credit, which means extra savings for you!
Your donation of $400 to the Women’s and Children’s Alliance will only cost you $57!
Here’s how it works:
$400 Your 2011 donation to the Women’s and Children’s Alliance
- 112 Federal Tax Reduction for a charitable donation*
- 31 Idaho State Tax Reduction for a charitable donation
- 200 Idaho State Tax Credit ($100 for single returns)
$ 57 Your net out-of-pocket cost to give $400 to help the women and children we serve.
*Assumes married, filing jointly, and itemizing deductions, with 28% Federal Tax Bracket and 7.8% Idaho State Tax Bracket.
Form 40 Example:
26. Credit for contributions to Idaho youth and rehabilitation facilities……… [26] 200.00
Contact your tax advisor for more information.
For more information on how to donate, click here.