Educational Improvement Tax Credit Program

Support Education!

Receive a tax credit equal to 100% of the first $10,000 contributed to a Pre-K Scholarship Organization(s) up to a maximum of $150,000 of tax credits per taxable year.

Receive a tax credit equal to 75% of its contribution(s) to a Scholarship Organizations or Educational Improvement Organizations up to a maximum of $300,000 per taxable year.



		Tax Credit Buyers: Don’t qualify for these credits? Buyers can purchase tax credits at a discount of 5-10%. Use these credits to reduce current and future Pennsylvania tax burden. Contact us today!

Available Programs:
Educational Improvement Tax Credit Program

The Educational Improvement Tax Credit (EITC) and Pre-Kindergarten (Pre-K) Tax Credit are administered by the Department of Community and Economic Development. It authorizes the award of tax credits to businesses that make contributions to Scholarship Organizations and/or Educational Improvement Organizations and/or Pre-K Scholarship Organizations contained on a list published by the Department. $60 million tax credits are available this year.

Qualifications:

Businesses* subject to the following taxes:

Corporate Net Income Tax
Capital Stock Franchise Tax
Bank and Trust Company Shares Tax
Title Insurance Companies Shares Tax
Insurance Premiums Tax
Mutual Thrift Institutions Tax
Personal Income Tax of S Corporation Share holders, or partners in a general or limited partnership

*Businesses must be approved to make contributions.

Applications accepted beginning July 1, 2010
Program Guidelines