Did you know you can save even MORE than their face value of when you purchase tax credits from CDFA? Use the CDFA Tax Calculator to estimate how much your total savings from a purchase of CDFA Tax Credits will be.
Insert the amount of your donation to a CDFA-approved project. Then insert your estimated taxable liability for the coming year (the calculator will adjust for common federal tax rates). Based on the donation and reduced taxable income due to the credit, the calculator will breakdown your savings – usually about 11 cents on the dollar.
(For estimates only; see your tax professional for details)