Illinois DOR Clarifies Eligibility for 25 Percent Gives Tax Credit

The Illinois Department of Revenue (DOR) issued a general information letter in response to an inquiry. The letter states that contributions under the Illinois Gives Tax Credit Act may be made as qualified charitable distributions from an individual retirement account (IRA). Provided the contribution authorization certificate was issued in the name of the IRA account holder, qualified charitable distributions from an IRA sent directly to a qualified community foundation’s endowment fund will be considered eligible for the 25 percent Illinois gives tax credit. [Il. Dep’t of Revenue, IT-25-0012-GIL, 10/16/25]

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