Indiana Tax Credit

When you support Holy Cross College, you may also receive a valuable Indiana tax benefit. Eligible Indiana taxpayers may qualify for a state tax credit equal to 50% of their gift through Indiana’s College Credit Program, up to a maximum credit of $100 for single filers and $200 for married couples filing jointly. Holy Cross College is an eligible institution under the program (Code 7101).

To claim the credit, file Indiana Tax Form CC-40 with your Indiana income tax return. For more information, please visit the Indiana Department of Revenue at www.in.gov/dor.

Please consult your tax advisor regarding your individual tax situation. Eligibility for and use of the credit depend on applicable law, available tax liability, and individual circumstances.

*Indiana’s College Credit equals 50% of a qualifying contribution, up to a maximum credit of $100 for single filers and $200 for married couples filing jointly.

**Illustrative examples only and assume the taxpayer is eligible to utilize the full credit. Actual tax benefits depend on individual circumstances.

Questions? Please feel free to reach out to Sarah Charles at 574.239.8366 or [email protected].