Idaho Education 税收抵免
As an Idaho tax payer, your donations to University of Idaho and the 法学院 may be eligible for a 50 percent education 税收抵免. This credit is available regardless of whether or not you itemize deductions. For those who do itemize, a donation to U of I allows income tax deductions on both your state and federal returns. A 税收抵免 is a reduction to the actual tax you owe or an increase in your refund.
税收抵免 is the smallest of:
- One-half of the amount donated
- 50% of your Idaho tax (10% for Corporations)
- $500 ($1,000 if Married filing jointly, $5000 for Corporations)
- Your Idaho tax minus the amount of credit for income tax paid to other states
Example giving benefits:
- Idaho Individuals may take up to 50% of a $1,000 gift (a 税收抵免 of $500)
- Idaho Married Couples may take up to 50% of a $2,000 gift (a 税收抵免 of $1,000)
- Idaho Corporations may take up to 50% of a $10,000 gift (a 税收抵免 of $5,000)
We encourage you to contact your tax advisor for further consultation. If you have questions, please contact the 法学院 Development office at 208-885-8793.
参考
Idaho Statue 63-3029A. Income 税收抵免 for Charitable Contributions