THE ILLINOIS DEPARTMENT OF REVENUE IS GETTING READY TO ROLL OUT THE STATE’S NEW TAX-CREDIT SCHOLARSHIP PROGRAM.
THE INVEST IN KIDS ACT LETS INDIVIDUALS AND BUSINESSES TAKE A TAX CREDIT FOR MONEY DONATED TO HELP LOW INCOME STUDENTS GO TO PRIVATE SCHOOL. DEPARTMENT OF REVENUE SPOKESPERSON TERRY HORSTMAN SAYS THE PROGRAM OFFICIALLY BEGINS JANUARY SECOND.
HORSTMAN SAYS IN ORDER TO PARTICIPATE, YOU NEED TO FIRST APPLY ONLINE.
THE AMOUNT OF THE TAX CREDIT WILL DEPEND ON WHICH REGION OF THE STATE YOU’RE SENDING YOUR DONATION. MORE DETAILS ARE ONLINE AT: MY TAX DOT ILLINOIS DOT GOV.
