•  

More information about Missouri State Tax Credits

Rainbow House currently has two tax credit programs available through the Missouri Department of Social Services (Domestic Violence Tax Credits) and the Missouri Department of Revenue (Champion for Children Tax Credits).   Both tax credit programs offer donors a 50% tax credit on State of Missouri income tax on donations $100 or over.

Give Back

Tax credits are an excellent incentive if you owe Missouri State tax and have donated $100 or more (in cash, stocks, or bonds only) to the Rainbow House. This donation makes you eligible for a 50% tax credit off your Missouri State Tax return. For example, if you donate $100 to Rainbow House, you can receive a tax credit for $50 off your state income tax. The credits may be applied toward the donor’s Missouri State income tax.

To qualify for Missouri State Tax Credits you must:

  • Pay or owe Missouri state taxes
  • Donate money in the amount of $100 or more

_______________________________________________________________

Qualifying for your tax credit is easy!

You simply make a donation to Rainbow House and we send you a thank you letter with your tax credit application form. Both application forms include a detailed set of instructions.  For faster processing, please make sure to read the instructions and supply the appropriate documentation.  Most delays are due to not including  the requested supporting documentation for the donation.  The Domestic Violence tax credit form will need to be returned to Rainbow House with appropriate documentation.  Rainbow House will then sign the form and forward it to the Department of Social Services.  The donor will receive a certificate or notification from the Missouri Department of Social Services within 45 days.  The Champion for Children tax credit form will be filled out and submitted with the donor’s Missouri income tax forms.  This tax credit form will not be returned to Rainbow House.

Don’t forget that you can claim BOTH Missouri State Tax Credits and a Federal Charitable Contribution for the same donation.

Please call Rainbow House’s Development Director, April Barnett, at 573.474.6600 x2114, or email to find out how tax credits can create a mutually beneficial relationship between your company and the children in desperate need of help at Rainbow House.