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Level 1
posted Feb 17, 2023 5:13:41 PM

How do I do this? We contributed to an Indiana Scholarship Granting Organization and are to receive a credit for one-half on our donation as a tax credit.

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1 Best answer
Expert Alumni
Feb 17, 2023 6:42:49 PM

You can go to the Indiana state tax return section of TurboTax and Edit Credits and Taxes.  Look for School Scholarship on the Take a look at Indiana credits and Taxes (see below).

 

 

 

A School Scholarship Tax Credit is available for individuals or corporations who donate to scholarship-granting organizations (SGO).  Individuals (or corporations) who have donated to an SGO approved by the Indiana Department of Education (IDOE) will then be eligible to take advantage of a 50 percent credit against their state income tax liability.

 

1 Replies
Expert Alumni
Feb 17, 2023 6:42:49 PM

You can go to the Indiana state tax return section of TurboTax and Edit Credits and Taxes.  Look for School Scholarship on the Take a look at Indiana credits and Taxes (see below).

 

 

 

A School Scholarship Tax Credit is available for individuals or corporations who donate to scholarship-granting organizations (SGO).  Individuals (or corporations) who have donated to an SGO approved by the Indiana Department of Education (IDOE) will then be eligible to take advantage of a 50 percent credit against their state income tax liability.