What qualifies for the Credit for Contributions to Idaho Educational Entities?
If you donated cash to qualified educational entities, you may claim a tax credit. Donations of goods or services no longer qualify.
The credit is limited to the smallest of the following:
The credit is limited to the smallest of the following:
- One-half of the amount donated
- 50% of your Idaho tax
- $500 ($1,000 if Married Filing Jointly)
- Your Idaho tax minus the amount of credit for income tax paid to other states
- A nonprofit corporation, fund, foundation, research park, trust, or association organized and operated exclusively for the benefit of Idaho colleges and universities
- A nonprofit, private or public Idaho school (elementary, secondary or higher education) or its foundation
- Idaho education public broadcast system foundations
- Idaho State Historical Society or its foundation
- An Idaho public library or its foundation
- An Idaho library district or its foundation
- An Idaho public or private nonprofit museum
- Idaho Commission for Libraries
- Idaho Commission on Hispanic Affairs
- Idaho Commission for the Blind and Visually Impaired
- Idaho Council on Developmental Disabilities
- Idaho State Independent Living Council
- Idaho Council for the Deaf and Hard of Hearing
