Dear Riverstone Families,
We’re sharing the latest information on Idaho’s Parental Choice Tax Credit Program (House Bill 93), designed to help families offset private education costs. The program provides a nonrefundable tax credit of up to $5,000 per student per year (maximum $10,000 per family) for a range of eligible educational expenses. For a full list of qualifying expenses, FAQs, and program updates, visit the Idaho State Tax Commission’s website: Idaho Parental Choice Tax Credit (House Bill 93). Eligible expenses include:
- Tuition and fees
- Curriculum and textbooks
- Tutoring and educational therapies
- Transportation to and from school
- Standardized test fees and test preparation courses
Key Information for Families:
- The application window for 2025 expenses opens on January 15, 2026 and will remain open for 60 days.
- Priority is given to families with a Modified Adjusted Gross Income (MAGI) under 300% of the federal poverty level, then all other applicants on a first-come, first-served basis.
- The program is available for any qualifying nonpublic school K-12 student ages 5-18 or student ages 5-21 with a qualifying disability.
- Donations or payments to qualified schools or educational organizations made during the calendar year can count toward the tax credit.
We encourage families to review their potential eligibility early and plan ahead for the application window. If you have questions about how this program may apply to your family or need guidance on eligible expenses, please reach out to us at [email protected].
Sincerely,
John Gasparini - Head of School