Last Minute Donations that could provide Ohio Tax Credits

Beginning in 2021 taxpayers can claim an Ohio tax credit for contributions made to an eligible scholarship granting organization (SGO).

A list of Certified Scholarship Granting Organizations can be found here: https://charitable.ohioago.gov/Scholarship-Granting-Organization-Certification/List .

The credit itself is a dollar for dollar non-refundable credit up to $750 per individual ($1,500 married filing joint). If you receive a letter of receipt for your donation, please include it with your tax documents.

If you have any questions about the credits contact your Rudler, PSC advisor at 859-331-1717.

RUDLER, PSC CPAs and Business Advisors

This e-Tip is presented by Evan Kandra, Senior Accountant.

If you would like to discuss your particular situation, contact Evan at 859-331-1717.

 

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