EITC/OSTC Redirect Your PA taxes
These two great Pennsylvania Tax Credit programs allow individuals and businesses to direct Pennsylvania taxes to scholarships for Little Flower Students!
EITC = Educational Improvement Tax Credit
OSTC = Opportunity Scholarship Tax Credit
How does it work?
For Individuals - Consider joining BLOCS Scholarship LLC which allows individuals to pool together to take advantage of this tax credit. If you join for the minimum $7,000, you receive back $6,300 from the State.
For Businesses - There is no minimum amount for participation. Apply directly through Pennsylvania Department of Community & Economic Development or allow BLOCS to do the heavy lifting for you. Use the BLOCS application attached here and submit before July 1.
How much of a credit is available?
Tax credits available are limited so apply as early as possible.
One-year commitment receives a 75% tax credit.
Two-year commitment receives a 90% tax credit.
For more information contact: