Your Tax Dollars Can Help RSCA!
REDIRECT YOUR TAX DOLLARS TO RSCA!
Through the Georgia GOAL Scholarship Program, individual taxpayers and corporations can redirect some of their tax dollars to RSCA and 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 RSCA community. By contributing with tax dollars you must spend anyway, you help maximize financial aid for deserving families who desire an RSCA education.
The Georgia Department of Revenue has set a cap/limit of $120 million of state income tax revenue to be eligible to be redirected to private schools per year. That cap is usually exhausted on the business day of the new year (January, 2025.) Therefore, it is imperative to submit your application no later than December 15, 2024.
Families who are granted financial aid undergo the same admissions process as all other RSCA families. Georgia GOAL funds help bridge the gap between what a family can afford and the cost of tuition.
SNAPSHOT OF GEORGIA GOAL RECIPIENTS FOR 2024/2025
In the 2024/2025 school year, RSCA was able to assist 50 deserving students with financial aid awarded through Georgia GOAL.
The average award was $1,780.00 per student.
The remaining tuition paid by the families of these 50 students amounts to $306,265 for the 2024/2025 school year. These are funds that RSCA would otherwise not realize without the Georgia GOAL program.
How Much of My Taxes Can I Contribute?
Tax Credit Limits Based on Filing Status have been expanded!
Single Filer → up to $2,500
Married Separate Filer → up to $2,500
Married Joint Filer→ up to $5,000
Pass-Through Owner (not making HB 149 election) → up to $25,000
C Corp, Trust, or Pass-Through electing to pay tax at the entity level (HB 149) → 75% of annual tax liability
How to Contribute and Take the Tax Credit
1. Click Here to Apply Now - 2025 Application is now open. It just takes 20 seconds! Complete this step no later than 12/15/24.
2. Goal Submits to DOR - GOAL will submit your application to the Georgia Department of Revenue (DOR) on the first business day of January 2025.
3. Approval - By mid-January 2025, GOAL and DOR will notify you of the approved tax credit amount and payment deadline.
4. Make Payment - Pay GOAL by check, credit card, or ACH within 60 days of DOR approval (by mid-March 2025).
5. Claim Your Tax Credit! - GOAL will send you Form IT-QEE-SSO1 (tax receipt) in May 2025 for claiming the credit on your Georgia income tax return. (Note: You will claim the credit on the income tax return for the year in which you make the payment).
Questions? Contact Brittany Crumbley, Communications Director, at bcrumbley@rsca.info.