GOAL
GEORGIA GOAL SCHOLARSHIP PROGRAM

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

  1. 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.
     
  2. 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.
     
  3. 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.
     
  4. 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.
     
  5. 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.
     
  6. 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 Liz Stephens stephensl@saintschool.com with any questions.

 

FORM IT-QEE-TP1- 2017

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