Illinois - Invest in Kids Scholarship Tax Credit Program
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The Illinois Invest In Kids Scholarship Tax Credit Program offers a 75 percent income tax credit to individuals and businesses that contribute to qualified Scholarship Granting Organizations (SGOs). 

To enter the Invest in Kids Scholarship Tax Credit:

  1. From within your TaxAct return (Online or Desktop) click State. On smaller devices, click in the upper left-hand corner, then State.
  2. Click Illinois.
  3. Click Credits in the middle of the screen to expand the category and then click Credits from Schedule 1299-C.
  4. Click Yes to see the list of available credits, then select Continue.
  5. Click Review on the Form 1299-C shown in your name.
  6. Scroll down to Step 3 Line 19 - click on the line following that says Credit Input Worksheet Available, then click on the yellow folder to access the associated document.
  7. Select to Add Copy of Schedule 1299-C – Credit Input Worksheet.
  8. Select the credit (5660 – Invest in Kids) from the drop down list on Line 1 of the Credit Input Worksheet.