Georgia GOAL Scholarship Program

List of 3 items.

• Georgia GOAL Scholarship Program

  In exchange for contributions to Georgia GOAL, our partner Student Scholarship Organization, taxpayers receive a 100 percent state income tax credit!

   

  The Georgia legislature has nearly doubled the available credits, alleviating the ‘oversubscription’ problem of past years. 

  
  This is a proven opportunity that is a win-win-win for taxpayer donors, scholarship recipients, and our school community. By simply contributing to Georgia GOAL for a 100 percent Georgia income tax credit, you will help maximize this source of financial aid for deserving families desiring to receive a Walker education.

   

  You have the opportunity to make this our school’s best year yet in raising GOAL funds! 

• Tax Credit Limits Based on Filing Status

  Tax Credit Limits Based on Filing Status have been expanded, effective in 2023!

   

  Tax Filing Status	Previous Limit	New Limit
  Single Filer	$1,000	$2,500
  Married Separate Filer	$1,250	$2,500
  Married Joint Filer	$2,500	$5,000
  Pass-Through Owner (not making HB 149 election)	$10,000	$25,000
  C Corp, Trust, or Pass-Through electing to pay tax at the entity level (HB 149)	75% of annual tax liability
  New for 2023: Business that pays insurance premium tax	75% of annual tax liability, but credit shall not exceed $1 million

   

• How to Contribute & Take the Tax Credit

  1)      Apply Now

  Complete the 2024 GOAL Tax Credit Application today at www.goalscholarship.org (takes just 20 seconds!).

   

  2)      GOAL Submits to DOR

  GOAL submits your 2024 application to the Georgia Department of Revenue (DOR) on the first business day of January 2024.

   

  3)      Approved to Contribute

  By mid-January 2024, GOAL and DOR notify you of the approved tax credit amount and payment deadline.

   

  4)      Make Payment

  Pay GOAL by check, credit card, or ACH within 60 days of DOR approval (by mid-March 2024).

   

  5)      Take the Credit

  GOAL will send you Form IT-QEE-SSO1 (tax receipt) in May 2024 for claiming the credit on your Georgia income tax return (Note: you will take the credit on the income tax return for the year in which you make the payment).