Georgia Education Expense Tax Credit - Allowing Georgia taxpayers to play a vital role in improving K-12 educational opportunities

Through the Georgia Education Expense Tax Credit, the state has created an incredible opportunity for taxpayers to redirect a portion of their state income tax liability to improve pre-k through 12th grade educational opportunities in Georgia. Individual and corporate taxpayers are eligible to receive a Georgia income tax credit (not a mere tax deduction) for contributions made to the Georgia GOAL Scholarship Program. The amounts contributed are used to provide scholarships to students to enroll in accredited private schools for the first time.

Georgia GOAL Scholarship Program

GOAL is a qualified Student Scholarship Organization (SSO) that places the highest priority on operating in an effective, efficient, and ethical manner.

  • EFFECTIVE: GOAL is Georgia's leading student scholarship organization, providing scholarships to more than 9,700 Georgia students. Since the inception of the program in 2008, GOAL has received $102,645,187 in contributions, which represents 32% of the approximately $327.9 million contributed statewide under the K-12 tuition tax credit program.
  • EFFICIENT: Under Georgia law, GOAL is required to obligate at least 90% of its annual revenues for the provision of scholarships. Instead, GOAL has obligated a total of 94% of its revenues for scholarships since its inception in 2008.
  • ETHICAL: GOAL is a 501(c) (3) non-profit organization, operating in a transparent and accountable manner, with an independent Board of Directors of eleven members.

Tax Credit Limits Based on Filing Status

  • Single individual or head of household – any amount up to $1,000
  • Married couple filing a joint return – any amount up to $2,500
  • Married couple filing a separate return – any amount up to $1,250
  • S corporation shareholder, LLC member, or partnership partner – any amount up to $10,000 (Click here for more detailed information)
  • C corporation or Trust – any amount up to 75% of annual Georgia income tax liability
 
Georgia GOAL Scholarship Program, Inc. is a non-profit corporation incorporated under the laws of the State of Georgia, is recognized by the Internal Revenue Service as a tax-exempt 501(c)(3) organization, and is recognized by the Georgia Department of Education as a qualified student scholarship organization under Georgia law.
 
The taxpayer identification number for Georgia GOAL Scholarship Program, Inc. is 65-1280229.

Contributions to GOAL are also deductible for federal income tax purposes.