It is a rare and wonderful thing to be able to help a child secure a great education at Strong Rock Christian School. 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 for deserving families. Yet, in essence, by making a contribution to the Georgia GOAL Scholarship Program on behalf of Strong Rock Christian School, you can do just that. In exchange for your contribution, you will receive a Georgia income tax credit. Plus, if you itemize your deductions on your federal income tax return, your contribution to GOAL will be deductible as a charitable contribution for federal income tax purposes.
A single individual contributing to the Georgia GOAL Scholarship Program, Inc. is eligible to receive a credit against his or her Georgia income tax liability in an amount up to $1,000. For an individual taxpayer filing a married filing separate return, the maximum credit increases to $1,250 per year. A married couple contributing to Goal is eligible to receive a credit against their Georgia income tax liability in an amount up to $2,500.
C-Corporations can also contribute to the Georgia GOAL Scholarship Program and receive a credit against their Georgia income tax liability in an amount not to exceed 75 percent of the corporation’s income tax liability.
S-Corp, LLC, or Partnership (Pass-Through Entity) can contribute up to $10,000 per year.
PLEASE FOLLOW THE SIMPLE INSTRUCTIONS BELOW TO CONTRIBUTE TO GOAL FOR A TAX CREDIT:
Step 1: Complete the GOAL Tax Credit Form and submit to GOAL
Or complete the following steps to send paper forms to GOAL A completed GOAL Contribution Form and Form IT-QEE-TP1 pre-approval form, signed by you at Part C (GOAL will complete the form for you and submit it to the Georgia Department of Revenue
Step 2: Make Your Payment
You can make your payment now – online by credit card or by mailing your check to GOAL. Your payment will be processed only when the DOR notifies GOAL of your approval.
Or pay when notified that you have been approved by the Department of Revenue. Please be aware that if you do not provide payment within 60 days of DOR approval, the amount allocated for your tax credit is permanently lost from the $51.5 million cap. By Georgia law, the taxpayer and GOAL will both receive a copy of the taxpayer’s Approval Letter from the DOR. Simply keep your copy for your records.
PLEASE MAKE SURE YOU DESIGNATE YOUR CONTRIBUTION FOR THE BENEFIT OF STRONG ROCK CHRISTIAN SCHOOL.
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.
For more information about the Georgia GOAL Scholarship Program, Inc., please visit their website at http://www.goalscholarship.org/.
The taxpayer identification number for Georgia GOAL Scholarship Program, Inc. is 65-1280229.
