Annual Tax Deductible Donation
The Idaho Education Tax Credit lets you support Zion Lutheran School with dollars you would otherwise pay on your Idaho Income Tax Return. The State of Idaho allows for a CREDIT of 50% of the first $500 for an individual or $1,000 for a married couple filing jointly.
In addition, the normal charitable deduction permits you to deduct the amount of your contribution on your Federal Income Tax Return as well as on your State Income Tax Return (if you itemize your deductions). Depending on your tax bracket and liability, a donation to Zion could cost very little. Check with your tax adviser regarding your specific situation.