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Georgia Tuition Tax Credit Information
A new law has been passed that provides exciting possibilities for Athens Academy and its families. Under the Georgia Tuition Tax Credit program, taxpayers are eligible to receive a dollar-for-dollar state tax refund in exchange for their contribution to an approved Student Scholarship Organization, or SSO. Individuals may contribute up to $1,000, families up to $2,500 and C-Corporations up to 75% of corporate state tax liability.
The SSO provides scholarship assistance to students making the transition from public school to Athens Academy. The state of Georgia has set aside $50 million in tax credits, available on a first-come first-serve basis, for private schools each year. The deadline to apply is December 1, 2011.
Tax Redirection Forms:
For your convenience, please submit your payment online or check payable to Apogee Georgia Scholarship Fund, the notarized Tax Redirection Form, and Form IT-QEE-TP1(below) to:
P.O. Box 6548
Athens, GA 30604