Idaho Education Tax Credit - Tax Benefits
Contributions to educational entities, like Idaho Public Television, may qualify for the Idaho Education Tax Credit. You can claim this credit on your Idaho tax form whether or not you itemize deductions. The credit is available to all Idaho taxpayers.
- Tax credits reduce your tax liability dollar for dollar.
- The state tax credit is up to 50% or $1,000 of your donation for married couples ($500 for individuals).
- For example, a couple filing a joint return can claim a credit up to $1,000 on a contribution of $2,000 or more. If their tax liability was $5,000, the credit reduces it to $4,000.
- If you are able to itemize deductions, you will gain additional federal and state tax reductions from donations to Idaho Public Television.
We encourage you to consult with a tax advisor to discuss your specific situation. See Idaho Code 63-3029A and Idaho Tax Form 39R, Line E1, for more information.
To learn more about tax benefits through an IdahoPTV donation, please contact Jenifer Johnson, Director of Charitable Giving: Jenifer.Johnson@idahoptv.org.
Give With Confidence
Idaho Public Television has earned the highest possible rating, four stars, from Charity Navigator, America's largest independent evaluator of nonprofit organizations, and the highest score for transparency from Guidestar/Candid, a Platinum Seal. These ratings demonstrate fiscal excellence and a commitment to accountability and transparency.