Indiana Tax Credit
If you file a state income tax return for Indiana, the state will credit up to 50 percent of your gift to Taylor against your state income taxes.
Individual filers receive a $100 credit for the first $200 contributed; joint filers receive a $200 credit for the first $400 contributed. Please check the Indiana Department of Revenue website for the current version of the Indiana College Credit Form (CC-40).
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.
For more information, contact the Office for Advancement.