You can support income qualified students in accessing a St. Andrew’s Education through redirection of your Georgia State Income Taxes.
It is a rare and wonderful thing to be able to help a child secure a great education at one of Georgia’s premier K-12 private schools. It is even more rare for a person to be able to do so by re-directing a portion of their Georgia income taxes toward the provision of scholarships to deserving families. Yet, in essence, by making a contribution to an SSO (Student Scholarship Organization), you can do just that. In exchange for your contribution, you will receive a Georgia income tax credit.
Learn more through FAQs portion of the GA GOAL website here.
Apply to re-direct to St. Andrew’s through the GA GOAL online application here. (Details on a paper application are below)
How it Works
- GOAL Submits Taxpayer Application to DOR: On the first business day of January 2020, GOAL submits the taxpayer’s request for a 2020 tax credit to the DOR.
- DOR Informs Taxpayer of Approval: Taxpayer receives a DOR Approval Letter within 30 days after GOAL submits the application, indicating the amount for which he or she is approved and the deadline for making payment to GOAL.
- DOR Informs GOAL of Taxpayer Approval: GOAL also receives notice of taxpayer’s DOR approval, and GOAL will email taxpayer detailed instructions regarding payment deadline and options.
- Taxpayer Makes Payment to GOAL: When notified of DOR approval (by DOR Approval Letter or email from GOAL), taxpayer must submit payment to GOAL before his or her 60-day payment deadline.
- GOAL Emails Taxpayer Tax Receipt: In May 2020, GOAL will send taxpayer Form IT-QEE-SSO1 (tax receipt) for claiming the credit on his or her 2020 Georgia income tax return.
- Taxpayer Claims Georgia Income Tax Credit: When taxpayer files their 2020 taxes in 2021, he or she will take a 100% Georgia income tax credit. Tax filing guidance is available on GOAL’s website.
Types of Donors
Each calendar year, until the annual cap on available education expense credits is reached:
- A married couple filing a joint return can redirect up to $2,500 of their income tax payments to GOAL.
- A married couple filing separate returns can redirect up to $1,250 (each) of their income tax payments to GOAL.
- A single individual can redirect up to $1,000 of his or her income tax payments to GOAL.
- An individual who is a member of a limited liability company, shareholder of an “S” Corporation, or partner in a partnership (pass-through entities) is allowed a Georgia income tax credit for up to $10,000 of the amount they contribute to a SSO, so long as they would have paid Georgia income tax in that amount on their share of taxable income from the pass-through entity. Refer to the For Pass-Through Entity Owners section of our website for more information.
Please contact Dr. Kelley Waldron waldronk@saslions.com with any questions.
We will be happy to send this form for you or you may mail it yourself to:
Georgia Dept. of RevenueQualified Education Expense Credit1800 Century Blvd NESuite 8107Atlanta, Ga 30345