Pennsylvania businesses can participate either in the EITC or the OSTC Tax Credit Program and Individuals can also take advantage of the Tax Credit Programs by becoming part of a Special Purpose Entity.
Steps for Businesses
1. Choose program, EITC, PRE-K, or OSTC
2. Complete online application
EITC Click Here
OSTC Click Here
(If you would like assistance completing your application please complete the Business Commitment Form and email to ctf@acsi.org.)
3. Submit form
4. Application approval by DCED
5. Contribute to CTF
6. Forward receipt to DCED
7. Receive tax credit
Steps for Individuals
1. Business owners or employees of a business can join a special purpose entity (selected special purpose entity is a business.)
2. SPE applies to Pennsylvania for tax credits.
3. Tax credits (90%) passthrough to individual members of the special purpose entity toward personal tax liability (K-1).
SPE Joinder Agreement – If you would like to participate in a Special Purpose Entity (SPE), please complete and submit this form and we will reach out to you when availability in an SPE opens.
SPE Frequently Asked Questions
K-1 documents are currently being sent out. You will receive an email from ctf_spe@acsi.org with a secure link to download your K-1. If you do not see this email in your inbox by end of day Friday, March 1, please check your spam folder. If it is not in your spam folder, email ctf_spe@acsi.org to have it resent.
