| Contribution | Tax Credit | Estimated Net Cost |
|---|---|---|
| $1,000 | $900 | $100 |
| $5,000 | $4,500 | $500 |
| $10,000 | $9,000 | $1,000 |
Even if your Pennsylvania taxes are already withheld through your paycheck, you still receive the credit – as a refund after you file your tax return.
Many participants plan for the timing of the contribution as part of their overall tax strategy.
Most find the net cost is significantly lower than they expect.
Want to see your personalized net cost? Use the BLOCS tax credit calculator