Receive an Individual Tax Credit While Transforming Children’s Lives

The state of Mississippi offers a tax credit for donations made to an eligible Qualified Charitable Organization. Your donation to Canopy can be a DOLLAR-FOR-DOLLAR TAX CREDIT on your Mississippi taxes up to $1,800.

Children’s Promise Act – Aggregate Limit Reached for 2020 Calendar Year

The aggregate amount of tax credits that may be allocated by the Department of Revenue to individuals making voluntary cash contributions to a qualifying charitable organization or a qualifying foster care charitable organization under Miss. Code Ann. Section 27-7-22.39 has been reached. Thus, unless individuals fail to make the contributions to the charitable organizations specified on the applications, there will be no additional funds to allocate for the 2020 year.

It Takes 3 Easy Steps.

Step One:
Complete the MSDOR Children’s Promise Act Tax Credit Application for tax credit allocation. Within 30 days of receipt, MSDOR shall send notification of allocation.
Step Two:
Make a donation to Canopy to receive a tax credit up to $1,800 and help Mississippi children become a success story.
Step Three:
Send verification of the contribution to the MSDOR. Verification must be received within 60 days of receipt of notification of allocation.

FAQ’s about the Children’s Promise Act Tax Credit:

This information is not intended to give tax advice. Please consult with your tax professional about your specific tax questions.