Invest in Valor » Scholarship Support / Georgia Goal

Scholarship Support / Georgia Goal

Did you know that you can redirect your state tax dollars
to create a student scholarship?
 

Georgia GOAL Scholarship ProgramSubmit your 2023 GOAL Tax Credit Application today!

 

The GOAL Program is a remarkable and important opportunity provided to Georgians by our elected officials.

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

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% Georgia income tax credit – in other words, by contributing with dollars you must spend anyway – you will help maximize financial aid for deserving families desiring to receive a Valor education.

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

 

*Favorable state and federal tax laws and regulations allow pass-through businesses to achieve remarkable benefits through the GOAL tax credit: a state tax credit, a federal tax deduction, and a meaningful philanthropic impact! Learn more.

How to Contribute & Take the Tax Credit

  • Apply Now

Complete the 2023 GOAL Tax Credit Application today (takes just 20 seconds!).

 

  • GOAL Submits to DOR

GOAL submits your 2023 application to the Georgia Department of Revenue (DOR) on the first business day of January 2023.

 

  • Approved to Contribute

By mid-January 2023, GOAL and DOR notify you of approved tax credit amount and payment deadline.

 

  • Make Payment

Pay GOAL by check, credit card, or ACH within 60 days of DOR approval (by mid-March 2023).

 

  • Take the Credit

GOAL will send you Form IT-QEE-SSO1 (tax receipt) in May 2023 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).

 

Questions?
 
Lisa Kelly  
President 
Georgia GOAL                                                                                  
770.828.4031                                  
 
Joy Hodges
CFO
Valor Christian Academy
 
 

Click the picture below for more information
GOAL Tax CreditQuestions about Pass Through? Click HERE