GA Private School Tax Credit

Tax Credit for Helping Students

A 2008 law allows individuals and corporations to receive a dollar-for-dollar Georgia income tax credit (and federal income tax deduction) for redirecting their state income tax payments to the Georgia GOAL Scholarship Program. GOAL uses these contributions to provide private school scholarships to students who are eligible to enroll in Pre-K, Kindergarten, First Grade or those students, who are transferring from a Georgia public school.

How this helps you, the school, & the children:

You are already paying income taxes to the state. Why not redirect some of those taxes to provide Georgia children with Greater Opportunities for Access to Learning (GOAL)? When you redirect your Georgia income taxes to GOAL, you can designate that the contribution be used to provide scholarships at Savannah Legacy Academy. Thus, SLA is able to:

  1. Increase the financial aid that it can offer new students
  2. Increase school enrollment

How do I redirect my GA income taxes for the students?

Go to the Georgia GOAL website and apply online. Georgia GOAL suggests that taxpayers act NOW, to ensure that they don’t miss out on 2018 funds.

No paper forms are needed, and no payment is required when you submit your request. Georgia GOAL will contact you for payment once you have been approved by the Department of Revenue.

Please be aware that if you do not provide payment within 60 days of DOR approval, the amount allocated for your tax credit is permanently lost from the cap on education expense credits.

Georgians have been given a rare opportunity—the ability to decide how to spend income tax dollars that they otherwise would pay to the government. Since 2008, more than 11,000 taxpayers have redirected some of their Georgia income taxes to the Georgia GOAL Scholarship Program. As a result of their generosity, $28 million has been obligated for the provision of GOAL Scholarships to deserving students.

Maximum Tax Credit Limits

$2,500 Married filing jointly

$1,250 Married filing separately

$1,000 Filing individually

$10,000 S-Corp / LLC / Partnership

75% C-Corp or Trust