Tax season is quickly approaching and a simple form can help your families deduct up to $4,000 for K-8 tuition and $10,000 for 9-12 tuition on their state income taxes.
Through your support and WCRIS advocacy, this tax deduction has been available since 2014. This deduction saves private school families $8 million a year. The state has budgeted nearly $12 million a year, so there is room for more families to use it. Please encourage your families to claim it.
The Wisconsin Department of Revenue released the 2019 Schedule PS Private School Tuition Tax deduction form. This form is simple and easy to complete. Schools will need to provide parents the school’s Federal Employer Identification Number (FEIN).
Please share this form with your families.
