Important STO Information
OCTOBER 2015: 65% Tax Credit Too Good to be True? Not at all. If you file an Iowa Income Tax Return, your contributions to the Our Faith School Tuition Organization (STO) qualify for a 65 percent tax credit. That means for every $100 you donate, you receive an Iowa income tax credit of $65, which reduces your Iowa tax liability by $65. In addition, the entire amount of your gift qualifies for federal deductibility. And that gift you made? It helps makes a Catholic education affordable for every child, regardless of their families’ financial situation. It really is that simple. Visit www.OurFaithSto.org or call 800-876-3546 ext. 289 or 307 to learn more.