Pennsylvania's Educational Tax Credit Programs offer businesses the opportunity to contribute to a Scholarship Organization, an Educational Improvement Organization, Pre-Kindergarten Scholarship Organization and/or Opportunity Scholarship Organization. Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made.
75%
One-year commitment
Tax credits equal to 75 percent of the contribution, up to a maximum of $750,000 per taxable year.
90%
Two-year commitment
Increased to 90 percent of the contribution if the business agrees to provide the same amount for two consecutive tax years.
100%
Pre-Kindergarten
100 percent of the first $10,000 contributed to Pre-K Scholarship Organizations, and up to 90 percent of the remainder, up to $200,000 annually.
Pennsylvania businesses apply for the educational tax credit programs through the Pennsylvania Department of Community and Economic Development (DCED) electronic single application system.
May 15
Business applicants who have fulfilled their 2-year commitment and wish to renew their 2-year commitment.
May 15
Businesses who are in the middle of their 2-year commitment.
July 1
All other businesses including initial applicants and those wishing to submit an additional application on top of their previously submitted 2-year commitment.
Businesses authorized to do business in Pennsylvania who are subject to one or more of the following taxes: