Join a CTF Special Purpose Entity (SPE)
Steps to Participate (Individuals, Business owners, or employees of a business):
1. Complete: SPE Joinder Agreement and upload
2. Make contribution through payment portal
3. Receive K-1 from SPE (February)
4. File Taxes- Including K-1 and Schedule OC
5. Receive Refund (Mid-Summer to Fall)
*Please note, by completing the application through the following link, you understand this process DOES NOT guarantee award from the State. The award of credits is selected at random.
Estimate My PA Tax Liability
PA State Tax Liability: ⓘLiability calculated by multiplying the net PA Taxable income shown on PA-40 return by 0.0307 (3.07%) $0.00
Contribution Amount: ⓘBased on the information you've provided, the contribution amount listed should cover your full tax liability. Contribution amount x 0.90 (90%). $0.00
Annual Contribution: $0.00
*2-year Commitment Required
By using this calculator to estimate your liability, you understand this is for estimation purposes only in determining participation in the Pennsylvania EITC program based on previous years taxable income. Children's Tuition Fund does not provide tax advice and recommends consulting with a tax advisor prior to committing funds or contributions.
There is a minimum of $1,000 in tax liability required to participate with Children's Tuition Fund up to the amount of your tax liability.