Tax credit offered for donations to education
Whitefish School District is encouraging local businesses and community members to support Whitefish schools with a dollar-for-dollar credit on their state income taxes for donations to public schools.
“This is an innovative way to help support our schools and save significant money on your tax bill at the same time,” said Dave Means, superintendent of Whitefish Schools.
House Bill 279 allows Montana taxpayers to receive this credit to expand innovative educational programs through services and equipment for students with disabilities, work-based learning partnerships for students, post-secondary credit or career certifications for students, and technologies that improve student experiences and opportunities.
The credit is awarded on a first-come, first-served basis. The aggregate amount of tax credits that may be claimed statewide is $5 million for 2025. Individuals and businesses can donate up to $200,000 per year to the programs. Donated amounts may not exceed the taxpayer’s income tax liability, but it may be carried forward for three years. The Montana Department of Revenue must pre-approve all credits before a taxpayer may claim a tax credit.
Access the donation form at www.whitefishschools.org under the “News and Announcements” tab. The deadline is Jan. 15, 2025. For questions, please call Lucie Shea, director of business, at the district office at (406) 862-8640 x503.