What is the Natural Heritage Preservation Credit?

This California credit is equal to 55% of the fair market value of any qualified contribution made by the taxpayer to the state, any local government, or any designated nonprofit organization.

To qualify for this credit, you must make a contribution of property as defined in Section 37002 of the Public Resources Code and the Wildlife Conservation Board (WCB) must have approved the contribution for acceptance.

If this credit is being passed through to you as a member of an S corporation, estate or trust, partnership, or limited liability company (LLC), you should be able to find the amount of credit on your Schedule K-1.

You'll need to fill out and file Form 3503 with your return to claim this credit.

For more information regarding qualified contributions, contact the WCB at (916) 445-8448 or go to their website at wcb.ca.gov.

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