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Georgia Qualified Education Expense Tax Credit

Georgia Qualified Education Expense Credit

A Tax credit of up to $1,000 (single or head of household), $1,250 (married filing separate), or $2,500 (married filing joint) is allowed for contributions to a student scholarship organization.

Eligibility

The credit is allowed on a first come, first served basis and must be preapproved.

(Non)Refundable

Refundable

How To Claim

Forms IT-QEE-TP1 and IT-QEE-TP2.

Additional Info

The taxpayer must add back to Georgia taxable income that part of any federal charitable contribution deduction taken on a federal return for which a credit is allowed.

Qualified Education Expense Credit
Last Updated ( Sunday, 10 January 2010 05:22 )