“What a Deal” Idaho Tax Credit 2011 fact sheet

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The “What a Deal” Idaho Tax Credit fact sheet for 2011, designed to help you promote donations to your public library or library district is now available on the ICFL website at http://libraries.idaho.gov/page/public-library-contribution-tax-credit. The credit is limited to the smallest of one-half of the amount contributed, 50% of the individual’s income tax, or $500 ($1,000 on a joint return).

To receive a deduction for 2011, individuals or corporations must donate to the library by December 31, 2011.

Please copy the fact sheet freely and use it to encourage members of your community to donate to your library.

If you have questions, check with your accountant or the Idaho State Tax Commission for complete information.