This is a deduction for donating cash to a 503 non profit that gives out K-12 scholarships to private schools?
Deductible regardless of whether you itemize or use the standard deduction?
“This is a deduction for donating cash to a 503 non profit that gives out K-12 scholarships to private schools?
Deductible regardless of whether you itemize or use the standard deduction?”
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The article says it is a federal tax credit, not just a deduction. Big, and better, difference.