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We are striving to make our community intentionally mirror the diversity of Canyon County.
In the classroom, we connect student work to the real world through meaningful projects.
MAKE A TAX DEDUCTIBLE CONTRIBUTION TODAY
MOSAICS Public School is a registered 501(c)3 organization
As an Idaho taxpayer, your donation to MOSAICS Public School may be eligible for a tax credit of up to $500 for individuals and $1,000 for married couples filing jointly. Talk with your tax advisor to learn more how the Idaho Education Tax Credit can make your gift to MOSAICS cost you very little out of pocket.
Additional Contribution Benefits
As an Idaho taxpayer, your donation to MOSAICS Public School may be eligible for a tax credit of half your gift up to $500 for individuals and up to $1,000 for married couples filing jointly. This is available whether you itemize your deductions or not.
If you itemize your dedictions, the benefit is even greater. The normal charitable deduction allows you to also deduct the amount of your donation on your Federal Income Tax Return and your State Income Tax Return.
The chart below shows examples of how the Idaho Education Tax Credit works based on the 35% marginal tax bracket and itemized taxpayer return. You must have a large enough tax obligation to qualify. Figures are estimates, and we encourage you to consult with your tax advisor to learn more about your specific situation.
SINGLE TAX RETURN
| Gift Amount to MOSAICS Public School | $1,000 |
|---|---|
| Tax benefit from itemizing deductions | ($350) |
| 50% Idaho Education Credit | ($500) |
| NET out of pocket cost of donation | $150 |
JOINT TAX RETURN
| Gift Amount to MOSAICS Public School | $2,000 |
|---|---|
| Tax benefit from itemizing deductions | ($700) |
| 50% Idaho Education Credit | ($1,000) |
| NET out of pocket cost of donation | $300 |
