Business Eligibiltiy
The Educational Improvement Tax Credit (EITC) program
allows businesses paying certain taxes to redirect there tax dollars
and support of schools in their local community.
Businesses that pay the following taxes
- PA Net Income Tax
- PA Capital Stock Franchise Tax
- PA Bank and Trust Company Shares Tax
- PA Insurance Premiums Tax
- PA Title Insurance Company Shares Tax
- PA Mutual Thrift Institutions Tax
- Subchapter S corporations and other business entities that
pay their State business taxes under the personal income tax on
PA business income
Business Application Deadlines
- Year 1 (C-Corp) Applications can be submitted on July
1
- Year 1 (S-Corp) Applications can be submitted on July
8
- Year 2 (C-corp and S-Corp) Applications can be
submitted on May 15

Tax Credit Detail
- Tax credits equal to 75% of contribution amount to a
Scholarship Organization up to a maximum of $300,000 per taxable
year for a 1 year commitment.
- Tax credits equal to 90% of contribution amount to a
Scholarship Organization up to a maximum of $300,000 per taxable
year for a 2 year commitment.
- Contributions to a Pre-Kindergarten Scholarship Organization
a business may receive a tax credit of 100% of the first $10,000
contributed and up to 90% of the remaining amount contributed up
to a maximum credit of $150,000.
- A business may apply for tax credits for both Scholarship
Organizations (K-12) and Pre-Kindergarten Organizations for
total tax credits equaling $450,000.