| Make a Donation - and get more than 1/2 back!!
Rebuilding Together Anne Arundel County's mission is to repair and revitalize the
homes & communities in Anne Arundel County. We operate two major programs.
Utilizing the Safe and Healthy Housing standards RTAAC renovates the home of the
elderly, single parent, veterans and disabled persons, keeping them warm, safe, dry
and independent. Our Neighborhood Revitalization Initiative facilitates a resident-
driven program of change to improve entire neighborhoods – making a better
community for all.
Reduce your Maryland tax liability AND support the mission of Rebuilding Together
AAC. RTAAC was recently awarded $25,000 in CITC Tax Credits from the Maryland
Department of Housing and Community Development. The CITC program supports
nonprofits by granting State Tax Credits used against a MD Tax bill to encourage
HOW IT WORKS
When you make a donation of $500 or more to RTAAC, you may be eligible to receive
a Maryland CITC tax credit equal to 50% of the value of your donation. The CITC tax
credits are in addition to Federal and State charitable tax deductions.
CITC TAX BENEFITS TO A CORPORATE DONOR ILLUSTRATIVE
$5,000 DONATION Donation to RTAAC $5000
CITC Tax Credit ($2,500)
Federal Charitable Tax Donation ($1,980)*
MD Charitable Tax Donation ($287.50)*
Net Cost of $5,000 Donation $232.50
*Based on donor tax deductions, amount will vary. Check with your tax advisor - and
then give us a call!
WHO IS ELIGIBLE
Businesses: Any entity that conducts a trade or business in the State and is
subject to State income tax on individuals or corporations, the public service
company franchise tax, or the insurance premiums tax.
Individuals: Individual residents of Maryland are eligible if domiciled in
Maryland on the last day of the taxable year or if s/he maintains a place of
abode in Maryland for more than six months of the taxable year and is
physically present in the State for 183 days or more during the taxable year.
HOW TO APPLY FOR CREDITS
Individuals and businesses making donations are required to complete a
simple two-page form and submit it to RTAAC. When filing your Maryland
Income Tax Return, Part E of Form 500CR of the electronic return must be
completed and submitted with appropriate documentation. Contact Barbara
Cupp, Executive Director (email@example.com) with your
intent to donate, to confirm tax credits are still available, and to get the form.