In 2008 the state of Georgia created the Qualified Education Expense Tax Credit Program which provides the incredible opportunity to redirect a portion of your state tax dollars towards a scholarship fund for the private school of your choice. Please go to www.GeorgiaSSO.us and begin your registration and redirection of your tax dollars today!
HOW IT WORKS
The Tax Credit Program has allocated $58 million of GA state tax dollars to be redirected to Student Scholarship Organizations for the upcoming school year.
Individuals, married couples and businesses can claim dollar-for-dollar tax credits on their Georgia income tax for scholarship donations made through a qualified Student Scholarship Organization (SSO), up to the following limits:
Single Individuals: Up to $1,000
Married Filing Separately: Up to $1,250
Married Filing Jointly: Up to $2,500
Members of Limited Liability Corporations (LLCs), share-holders
in Subchapter Corporations (S Corps), and partners in
Partnerships: Up to $10,000
Corporations: up to 75% of their Georgia income tax liability
Next Steps: GaSSO
LCA has chosen to partner with GaSSO, Georgia Student Scholarship Organization. Please go to www.GeorgiaSSO.us and begin your registration and redirection of your tax dollars today!
You may also view their FAQs page for more detailed information.