70% Missouri State Tax Credits
Financial gifts to Good Shepherd of $1,000 or more may be eligible for a 70% Missouri tax credit. A tax credit is a dollar-for-dollar reduction of the Missouri state income tax you owe.
For example, if you owe $700 in Missouri taxes and receive $700 in tax credits, your Missouri tax liability may be reduced to $0.
Your gift directly impacts mothers, children, and families across the Archdiocese of St. Louis while also providing a potential benefit to you.
Please contact Courtney Noto at 314.854.5705 or cnoto@gsstl.org for more details.
Tax Credit Information
The chart below is an example of how tax credits could help you meet your charitable goals. This is not tax advice. Please consult your tax advisor.
Am I eligible?
Individuals, LLCs, partnerships, banks, or corporations that have Missouri tax liability may be eligible.
How can tax credits be used?
Donors have up to one year from the date of contribution to complete the application process, and up to two years to use credits to offset State income tax liability. Credits may not exceed the donor’s liability in the tax year claimed.
How do I give?
- Make a cash, credit card, or stock contribution of $1,000 or more to Good Shepherd. If giving by check, write “tax credit” in the memo line.
- After your qualifying gift is received, Good Shepherd will follow up with the required Missouri tax credit application materials and next steps.
Have questions about tax credits?
If you are considering a qualifying gift or want to understand the next steps, send a quick inquiry and Good Shepherd will follow up.
