RESOURCES
Indiana State Tax Credit
When has filing taxes been an advantage? When you give to Taylor University!
If you file a state income tax return for Indiana, the state will credit up to 50% of your gift to Taylor against your state income taxes.
| Sample Gift Amount | ||||
| Gifts to TUFW | ||||
| Indiana Tax Credit | ||||
| Federal Tax Savings | ||||
| Out of pocket cost of your gift. | ||||
Individual filers receive a $100 credit for the first $200 contributed; joint filers receive a $200 credit for the first $400 contributed. An Indiana College Credit Form (CC-40) is available for individuals who send gifts to Taylor University during the calendar year.
If you itemize on your federal return, you can reduce the cost of your gift to Taylor even more.
We encourage you to take advantage of the Indiana tax advantage and at the same time support the ministry of Taylor University.
An Indiana College Credit Form (CC-40) is available for those Indiana residents who send gifts to Taylor University during the calendar year. To download a copy of this form from the State Revenue Department, click on the link below. Adobe Acrobat Reader version 4.0 or higher is required.
http://www.in.gov/dor/taxforms/03pdfs/03-cc40.pdf
Contact the Alumni Resource Center for more information at 260.744.8790.
