IDR

School Tuition Organization Tax Credit


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Reporting deadlines per Iowa Code 422.11S:

  • By November 1 each year, the following information must be verified in CACTAS for each school represented by your STO:
    • Certified enrollment as of October 1, or the first Monday in October if October 1 falls on a Saturday or Sunday.
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  • By December 1 each year, the Department will authorize the tax credit certificates available by issue for each STO. You will see that information on your dashboard.
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  • By January 12 each year, the following information must be recorded in CACTAS:
    1. The name and address of the members and the chairperson of the governing board of the school tuition organization.
    2. The total number and dollar value of contributions received and the total number and dollar value of the tax credits approved during the previous tax year. (This information will be compiled by the Department based on the donation data provided under c.)
    3. A list of the individual donors for the previous tax year that includes the dollar value of each donation and the dollar value of each approved tax credit.
    4. The total number of children utilizing tuition grants for the school year in progress and the total dollar value of the grants.
    5. The name and address of each represented school at which tuition grants are currently being utilized, detailing the number of tuition grant students and the total dollar value of grants being utilized at each school served by the STO.