There is no limit to how much a donor can contribute to a
PSD or
SSO. However, the credit is limited to $200,000 per taxpayer.
Individuals, estates or trusts, pass-through entities, and corporations may only donate $200,000 per each tax credit. Taxpayers filing jointly may separately donate $200,000 and claim a credit of up to $400,000.
A taxpayer may donate to both a
PSD and an
SSO to claim both tax credits.