6410 South Dante Avenue, Chicago, IL 60637
Phone: 773-324-1020 Fax: 773-359-0506
STEPS TO RESERVE A TAX CREDIT FOR THE ILLINOIS TAX CREDIT SCHOLARSHIP PROGRAM
REQUEST A LETTER ID
- Go to mytax.illinois.gov
- Go to the “Individuals” section.
- Click on “Request a Letter ID”.
- Enter your Social Security Number and one of the four secondary ID options.
- Click “Submit” on the bottom right of the screen.
- Enter your email address. Enter again to confirm.
- Click “OK”.
RESERVE YOUR CREDIT
- Log in to your My Tax Illinois account.
- Click on “View More Account Options”.
- Click on “Contribute to Invest in Kids”.
- Complete Acknowledgement.
- Designate the region for Mount Carmel (Region 1).
- Designate the Scholarship Granting Organization (e.g., Big Shoulders or Empower Illinois).
- Enter the full amount of the donation you intend to make. (You will receive 75% of this amount as a credit on your Illinois income tax.)
- Click submit and enter your password.
- Click “OK”.
- This will return you to Account Options.
- Click on “View Account Letters”.
- Open “Invest in Kids Contribution Appl” and download the CAC.
- You have 60 days to send your contribution and your CAC to either Big Shoulders or Empower Illinois.
About
The Invest in Kids Act
This program is a powerful tool for both reducing your state tax liability and giving generously to Mount Carmel with the same dollars. The state of Illinois offers a 75% tax credit for donations to Mount Carmel High School!
