SAME POWERFUL INVESTMENT…NEW NAME!

WORKFORCE CHILD CARE TAX CREDIT

(WCCTC)

[FORMERLY KNOWN AS SCHOOL READINESS TAX CREDITS]

Your investment in early childhood education is a direct investment in the strength, growth, and future of Pointe Coupée Parish’s workforce!

Pointe Coupée Early Childhood Coalition, Inc. is a 501 (c) 3 nonprofit organization and all donations are tax deductible. In addition, Pointe Coupée Early Childhood Coalition has been designated by the state to be the Child Care Resource & Referral Agency for the benefit of Pointe Coupée Parish, and is the agency authorized to collect Workforce Child Care Tax Credit donations for Pointe Coupée.

Why Should Your Business Should Invest in Early Childhood Education?

  • You can turn your tax liability into an investment in early childhood care and education

  • For every dollar up to $5,000, your business will receive a dollar-for-dollar refundable credit on its Louisiana state taxes

  • Your tax dollars can be put directly back into our community

What is the Louisiana Workforce Child Care Tax Credit?

In 2007, the Louisiana Legislature passed a unique package of tax credits known as the Workforce Child Care Tax Credit (formerly School Readiness Tax Credit). The law R.S. 47:6107 became effective in 2008. Included in this package is a dollar-for-dollar refundable Louisiana state tax credit for businesses, up to $5,000 annually. For example, if your business New Roads Inc. makes a $5,000 donation and your tax bill at year end is $6,000, you will only owe $1,000. And, you will receive a refund check from the state if you do not owe any taxes! That’s a smart investment.

Who can invest through Workforce Child Care Tax Credit (WCCTC)?

All businesses and individuals with a Louisiana Tax ID are eligible, including for-profit; non-profit organizations; sole proprietorships; partnerships; limited liability corporations (LLC); and corporations.

Where do I enter the Workforce Child Care Tax Credit (WCCTC) on my tax return?

If you are filing a LA Corporate/Franchise tax return, enter the amount of your donation on line 15A – Other Refundable Credits and list code 68F – School Readiness Fees and Grants to Resource & Referral Agencies on Schedule RC.

If you are filing an Individual LA tax return, enter the amount of your donation on line 23 under Refundable Tax Credits and list Code 68F – School Readiness Fees and Grants to Resource & Referral Agencies on Schedule F.

How Will Your Investment Make an Impact?

Your contribution will work directly to provide the best early childhood education for Pointe Coupée's children ages birth to four years old and their families, AT NO COST, by:

  • Connecting parents and families to high-quality child care and development

  • Providing comprehensive professional development for the early care workforce

  • Providing instructional one-on-one coaching to the early care workforce

  • Providing curriculum, lesson plan materials, and age appropriate books and toys to early care centers

Workforce Child Care Tax Credit Contribution Form

What is the WORKFORCE CHILD CARE TAX CREDIT (Formerly SRTC)?

Louisiana offers businesses a unique opportunity: Donate up to $5,000 and receive a dollar-for-dollar credit on your Louisiana state taxes. Your tax dollars stay in our community, supporting local kids!