Private Schools Tax Credit

Tax Time is right around the corner!

The state of Wisconsin is offering a Private School Tuition tax credit for 2015. Families of students in 5K-8 (sorry 4K, you aren’t included in this yet) are able to claim a credit of up to $4000 in tuition paid during 2015. For information and questions on how you can claim this credit, visit the Wisconsin Department of Revenue and Wisconsin Council of Independent and Religious Schools. Those families who are interested in using this tax credit should check with Mrs. Jensen if they need tuition payment information from 2015.

For those families who are looking ahead to high school, the state offers this same tax credit for student who attend private high schools like our own Fox Valley Lutheran High School. The credit for high school students is $10,000 in 2015. Keep these encouraging laws in mind as you plan your child’s future education.tax-468440_1280