PA Educational Improvement Tax Credits (EITC)

PRIMARY CONTACTS: Gennaro J. DiBello CPA

Pennsylvania has two types of tax credits related to education. Schnieder Downs help our clients participate in these worthwhile programs, allowing both businesses and individuals to achieve both Pennsylvania tax savings along with supporting educational improvement and scholarships.

We can assist you in applying for these credits and determining available tax savings. The program is administered through the PA Department of Community and Economic Development and includes:

Educational Improvement Tax Credit (EITC)

Supports scholarship organizations and educational improvement organizations. These are nonprofits that support innovative programs in public schools.

Opportunity Scholarship Tax Credit (OSTC)

Contributions to approved IRC 501(c) organizations/private schools that provide scholarships to eligible students living within the boundary of the lowest achieving 15% of elementary and secondary schools as determined by the Department of Education.

These incentives can result in deductible contributions (subject to federal rules) and state credits while assisting with your philanthropic goals.

Additional Tax Credits and Incentive Services

About Schneider Downs Tax Advisors 

With one of the largest regional tax practices in the country, Schneider Downs Tax Advisors’ personal focus on clients and in-depth understanding of current issues ensures that clients are complying with tax filing requirements and maximizing tax benefits. Our industry knowledge and focus ensures delivery of technical tax strategies which can be implemented as practical business initiatives. Learn more at Tax Services.

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