Video Gallery

How to support MCS students with your tax dollars

Go to Video Gallery Added Feb 22, 2024 •

Copy this URL:
Embed code:	<iframe class="edlio-embed-player" type="text/html" width="640" height="360" src="//www.mcseaglesoh.org/apps/embed/?v=369140" frameborder="0" allowfullscreen></iframe> Change dimensions

Go HD

Show Transcript

everyone has to pay state tax now you can choose how your tax dollars are spent if you give to an sgo you are centrally directing your tax dollars to go towards student at Madison Christian School through the o.c. Ohio Christian education Network scholarship granting organization or sgo your family has income a percentage of that income must go to pay state taxes that's your state tax liability you can reduce the amount you owe that is produced your state tax liability when you make a donation to a certified sgo your tax liability will be reduced by the same amount as your donation dollar for so say you owe the state of Ohio $1,000 in taxes if you give $750 to an SVO you will get a $750 tax credit and you'll only owe the state $250 what's the catch the gift has to be $750 or less or $1,500 if you're married filing jointly that's it don't believe us check section 57-47 that 73 in the Ohio Revised Code or just ask a tax professional they'll know all about it in essence you get to choose how your tax dollars are spent when you choose to donate to an sgo who's the ocean sto-vo-kor Madison Christian School and your money goes towards to Shen for MCS student

Video Gallery

How to support MCS students with your tax dollars

Popular Videos