Michigan Tax Credit
Becoming a financial partner with Smile FM is a really great investment! Your donation is tax deductible. After tax credits, it may only cost the average married couple $56 out-of-pocket to make a $400 contribution to Smile FM. Businesses can see even greater tax savings!
The Michigan Tax Credit is an amazing benefit available for only a few non-profit organizations in Michigan. Smile FM is a Public Broadcasting Station, when you complete your Michigan Tax Return, be sure to list your donations to Smile FM as donations to a Public Broadcast Station. Note: The state of Michigan has suspended this credit for tax years 2012 and beyond.
| Single Taxpayer |
Married Taxpayer |
Business | |
| ACTUAL GIFT | $200 | $400 | $10,000 |
| Michigan Tax Credit | $100 | $200 | $5,000 |
| Federal Tax Rate | 15% | 36% | 34%* |
| Federal Tax Savings | $30 | $144 | $1,700* |
| Total Tax Savings | $130 | $344 | $6,700 |
| ACTUAL COST OF GIFT | $70 | $56 | $3,300 |
You can make a safe, secure credit card donation. You can also make a pledge online or mail your check to Smile FM, PO Box 388, Williamston, MI 48895.
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