Indiana State Tax Credit
Indiana residents save 50% on their state taxes for gifts to AU - up to a maximum of $200 for couples filing jointly and $100 for single taxpayers.
If you itemize deduction on your federal taxes, you can save even more. Your final "out-of-pocket" cost for a gift to AU is illustrated below.
A $1,000 annual gift for a married couple in the 33% tax bracket would cost only $470.
A $500 annual gift for a single person in the 25% tax bracket would cost only $375.
Whatever the level of your ability or desire to benefit students at Anderson University, we hope these tax incentives will encourage you to give even more!