DOUBLE YOUR PHILANTHROPY AT NO EXTRA COST!
Your donation of $250 or more to Joshua Station is eligible for the Enterprise Zone Tax Credit.
By making a contribution of $250 or more, your gift will entitle you to a 25% credit on your CO state income tax return (in addition to your regular federal and state charitable contribution deductions).
See below for how the credit might apply to you and be sure to consult a professional tax advisor.
Computed on Federal Income Tax Bracket of 28%.
| Contribution |
$1,000 |
$3,000 |
$5,000 |
$10,000 |
$20,000 |
| Denver Enterprise Zone Tax Credit |
$250 |
$750 |
$1,250 |
$2,500 |
$5,000 |
| Charitable Deduction Federal Tax Savings |
$280 |
$840 |
$1,400 |
$2,800 |
$5,600 |
| Charitable Deduction Colorado Tax Savings |
$50 |
$150 |
$250 |
$500 |
$1,000 |
| Total Tax Savings |
$580 |
$1,740 |
$2,900 |
$5,800 |
$11,600 |
| After Tax Cost of Your Contribution |
$420 |
$1,260 |
$2,100 |
$4,200 |
$8,400 |
Thank you for your financial support. Your financial contributions are tax-deductible. We want to be held to the highest level of integrity and are accountable to you, our faithful supporters. An audited financial statement is available upon request. |
