New Jersey A355 provides a gross income tax credit for donations to eligible schools for student meals, medical supplies, and playground equipment.

New Jersey A355 allows a nonrefundable gross income tax credit for qualified donations to eligible schools. The tax credit amount is equal to 10 percent of the value of the qualified donations, with a maximum credit of $500 per taxable year. A "qualified donation" is defined as a donation made to an eligible school for funding student participation in a free or reduced meal program, the purchase of medical supplies for student treatment, or the purchase of playground equipment, including shade structures.

New Jersey A355 provides a gross income tax credit for donations to eligible schools for student meals, medical supplies, and playground equipment.

New Jersey A355 allows a nonrefundable gross income tax credit for qualified donations to eligible schools. The tax credit amount is equal to 10 percent of the value of the qualified donations, with a maximum credit of $500 per taxable year. A "qualified donation" is defined as a donation made to an eligible school for funding student participation in a free or reduced meal program, the purchase of medical supplies for student treatment, or the purchase of playground equipment, including shade structures.