- Did you know that you can receive up to 75% of your gift back through tax credits?
A donation of $400 only costs you $100, and a donation of $100 costs you $25 - the cost of a dinner out!
Here’s how it works.
1. Choose between $50 and the maximum legal donation per person per year of $2200 (max. $1100 for a candidate or candidate's EDA plus max. $1100 to the central party), and see the return you get in tax credits in the table below.
2. The maximum of 75% return to you is reached for gifts of $400 - for which you recieve $300 back! We encourage giving a larger amounts, as the tax credit return to you is still over 50% for the maximum gift of $1100.
3. Tax Credit Table:
Your
Donation |
Your
Tax Credit |
Your Cost
After Tax
Credit |
|
$ 50.00 |
$ 37.50 |
$ 12.50 |
|
$ 100.00 |
$ 75.00 |
$ 25.00 |
|
$ 150.00 |
$ 112.50 |
$ 37.50 |
|
$ 200.00 |
$ 150.00 |
$ 50.00 |
|
$ 300.00 |
$ 225.00 |
$ 75.00 |
|
$ 400.00 |
$ 300.00 |
$ 100.00 |
|
$ 500.00 |
$ 350.00 |
$ 150.00 |
|
$ 750.00 |
$ 475.00 |
$ 275.00 |
|
$ 1000.00 |
$ 558.00 |
$ 442.00 |
|
$ 1100.00 |
$ 591.67 |
$ 508.33 |
Note: The tax credit only applies if you pay taxes, and only for amounts of $50 or more. If you can give less than $50 per year, you will still receive a tax reciept for $25 and up. The minimum donation we can process is $10 because of administration costs.
IMPORTANT: By law we can accept only contributions from individuals, not from businesses or corporations. Thus, you will need to confirm with us that this gift is made with your own personal credit card and not with a corporate or business credit card.