Tax Credits

PCC Tax Credits Available

Limited Tax Credits Are Available - Secure Yours Now!

1. Click here and give online today.
2. Download your tax credit application and send it in.

We have a limited number of Pregnancy Resource Center tax credits available. Please confirm the availability with us because we do run out every year. Remember, if you apply and give now, you can spread the credits out over the next four years! Read below about the advantages and the application process then go ahead and make an online donation here. Please send your completed Tax Credit Application to us as soon as you can. 

Limited Tax Credits Available

The Pregnancy Resource Center (PRC) tax credits are available for individuals and businesses that qualify. The tax credits are 50% state tax credits, meaning the donor will receive a credit against their Missouri income tax for 50% of the amount contributed. In addition, if they itemize deductions on their tax return, the charitable contribution will reduce federal and state income taxes further, depending on their tax bracket. To download the Tax Credit Application please click here. (Once the application is complete, the original application must be sent to PCC within a year of the donation. Also, if married and filing jointly, both social security numbers and both signatures must be on the application).

Example

Amount of Donation

$ 1,000

$ 2,500

$ 5,000

Tax Savings (Fed & MO)

$ 795

$ 1,987

$ 3,974

Actual Cost of Donation

$ 205

$ 513

$ 1,026

Example Assumptions:

  • Married Filing Jointly
  • 25% tax bracket (taxable income of $100,000)
  • Can itemize deductions

Tax credits may be applied to the tax year in which the donation was made or they can be carried over for four years. With each of these tax credits, gifts of appreciated property such as stocks and bonds may make the tax benefits even greater by eliminating capital gains tax. Please indicate on any donation if you would like PCC to send you a tax credit application. For more information or a tax credit application, contact Nancy at 417-877-0800 ext. 314 or via email.

Note:

  • Missouri withholding tax can be reduced on paycheck to help provide cash flow for donation.
  • Changes in current year taxes usually affect the taxes for next year.
  • Please consult your personal tax advisor for advice specific to your situation.