What is the Educational Donation Portal?
The Education Donation Portal is for Public School Districts to report donations for preapproval to claim the Innovative Educational Program Tax Credit. The site is only accessible by registered users from a Public School District.
What are the Tax Credits?-
The Innovative Educational Program Tax Credit is available to individual and business taxpayers who make donations to a Montana public school district (PSD) for the purpose of providing supplemental funding for local school district programs. Taxpayers donate directly to a public school district. The credit is equal to the donation up to $200,000 per taxpayer.
How do I claim the tax credit on my return?
Donations are made directly through the Public School District (PSD) of your choice. For a complete list of approved PSDs visit EducationDonations.mt.gov
Once a donation is pre approved, SGHS will provide the donor with a tax credit receipt listing the amount of the tax credit and a confirmation code. Donors must include the confirmation number and receipt when claiming the tax credit on their tax return.
Individuals report the credit on the Form 2, Nonrefundable Credits Schedule. Partnerships and S corporations report the credit on Form PTE, Schedule II. Estates or Trusts report the credit on Form FID-3, page 2. Corporations report the credit on Form CIT, Schedule C.
https://svc.mt.gov/dor/educationdonation2/FAQ