Wilton Neighborhood Assistance Act Tax Credit Program​ Deadline Looms

WILTON, CT — The Town of Wilton has issued a reminder to local businesses that the deadline for them to receive up to 100 percent tax credit for donations to local projects is approaching

Registration of donations for the state's Neighborhood Assistance Act Tax Credit Program ends Oct. 1.

The following projects qualify for a 100 percent tax credit:

• Town of Wilton - Replacement of the windows at Town Hall. Up to $60,000.
• For information, please contact Sarah Gioffre at sarah.gioffre@wiltonct.org.
• Wilton Library - Natural gas conversion. Up to $15,385.
• Wilton Commons Affordable Senior Living - HVAC upgrade. Up to $52,500.
• Riverbrook Regional YMCA - Roof upgrade. Up to $11,800.
• Trackside Teen Center of Wilton - HVAC upgrade. Up to $40,000.
• Wilton Historical Society – HVAC upgrade. Up to $49,118.
• Our Lady of Fatima - HVAC upgrade. Up to $136,210. Grumman Hill Montessori Association - Window/Boiler Replacement. Up to $150,000.

Businesses can receive a 60 percent tax credit for donations to the Wilton projects listed here.

Businesses interested in requesting a tax credit under the CT NAA Tax Credit Program must electronically submit Form NAA-02 through the state Department of Revenue Services website for each program it wishes to sponsor. The contribution must be cash, minimum contribution of $250, maximum contribution of $150,000 or the value of the project, whichever is less and made in the corporation's income year that corresponds to the same year as the approved program.

More information can be found on the DRS website.