Friday, January 20, 2023
New: 529 Plans for 2023
The amount taxpayers can deduct from their Iowa taxes for contributions to a 529 plan changes each year and has increased. The State Treasurer just released the new amount for 2023, which is $3,785 per taxpayer/per child. Up until the May 1, 2023 state tax filing deadline, taxpayers can still donate to a 529 and include it as a deduction on their 2022 taxes (at the 2022 rate of $3522 per taxpayer/child) as well. As a reminder, 529 Plans can be used for payment of K-12 nonpublic school tuition. 

New: Parent Donation Requests for Catholic Schools Week
As part of Catholic Schools Week celebrations, XPX will hold a luncheon for all teachers and staff catered by Matty Mack's. We will also be collecting K cups and tea bags for the teacher's lounge. Please see the following link if you would like to help donate items to this event. All donations can be dropped off on the cart outside the main office on Thursday, February 2, 2023 from 7:30-9:30am. If you have any questions, please contact Kelly Schmit at kschmitpt@gmail.com or 329-3906. Thank you for helping with this XPX event and for supporting XPX and the teachers and staff during Catholic Schools Week.

Reminder: March For Life - Tomorrow (1/21)
Cedar Rapids March for Life is Saturday January 21st from 10:30-1pm. Gather at St. Matthew’s at 10:30, march up 1st Ave to Planned Parenthood, return to St. Matthew’s for food and social time with a speaker Dr. Brian Saunders at 12:30pm. The National March for Life happens on Friday January 20 in Washington DC. Let us all pray for the sanctity of life.
Reminder: MCO Drive for Catholic Schools Week
Catholic Schools Week will be January 29 - February 4, and Xavier High School will be participating with all the area Catholic Schools in a drive to support Metro Catholic Outreach. Xavier students are asked to donate personal care items such as shampoo, body wash/soap, kleenex/paper towels, toothpaste, and toothbrushes. Donations can be brought to school from January 23 - February 2. Items will be collected in student houses.
Reminder: Scheduling for 2023-24 School Year
Students will be presented information on scheduling their courses for the 23-24 school year during Xcel and then register for classes in Xcel using the following schedule:

  • Freshmen: Presentation 1/30 (Theatre), Schedule courses 2/2
  • Juniors: Presentation 2/2 (Theatre), Schedule courses 2/7
  • Sophomores: Presentation 2/7 (Theatre), Schedule courses 2/9

Information regarding course options can be found on the Xavier website under Academics tab > Courses. Updated documents will be coming soon.
Reminder: FACTS Applications for the 2023-24 School Year
The FACTS online application for STO opened on January 1st, with the deadline being
April 15th. In addition to completing the application, parents must upload their
2022 federal tax return and other required schedules or tax documentation. Families who applied last year should have received an email that the 23-24 applications are open. 
 
Reminder: Tuition Payment Plans
As of today, all of the following tuition payment plans should have been submitted:
 
  • Annual
  • 1st and 2nd semester
  • 1st, 2nd and 3rd quarter 
  • The first six EFT payments 
Please login into My BackPack to check your balance or make a payment.
Reminder: Tuition Statements
To make the process more efficient for families, we are asking parents to print off tuition statements from the "My BackPack" website (step by step process below) to use for the Tuition Tax Credit on your Iowa tax return. The credit is maxed out at $2,000 of allowed school expense per student (tuition, textbooks) for the 2022 calendar year and the maximum credit is $500 or 25% of max expense per student. 
 
Please provide this documentation to the person who prepares your tax return to take advantage of the tuition tax credit.
 
Click Here to Access Senior Systems/My Backpack to Retrieve & Print Your Year-End tuition statement. 
 
Enter ID and Password (You can retrieve password and username on the website, just below sign in, by entering your email address.)
Tuition and Fees Summary
View Account Details
Search All Transactions
Enter Date: 01/01/22-12/31/22
At the bottom of the screen is a printable version -- Select to print / "Ctrl P" to print. 
 
Please use this link to view eligible expenses.
Website: XavierSaints.org | Phone: 319-294-6635 | Fax: 319-294-6712