Take credit for helping kids!
In 2008, the Qualified Education Expense Tax Credit law was passed by the Georgia General Assembly, and has been amended to allow up to $58 million dollars per year in state taxes to be allocated to private education through Student Scholarship Organizations (SSOs). By applying for this credit and making a donation to our partner, the Georgia GOAL Scholarship Program, a state approved SSO, you will be re-directing your state tax dollars directly to Stonehaven. These funds can then be used to provide scholarships to eligible students.
How this helps you, the school, and the children. You are already paying income taxes to the state. Why not redirect some of those taxes to provide Georgia children with a Christian education? When you redirect your Georgia income taxes to GOAL, you can designate that the contribution be used to provide scholarships at Stonehaven. Thus, Stonehaven is able to:
What is the maximum amount I can contribute?
How do I redirect my Georgia income taxes to Stonehaven?
Simply click HERE and submit your application to GOAL through their easy paperless process. Please make sure to fill out all required boxes on the form, sign the form with an e-signature, and sign the consent box with an e-signature. This will only take a few minutes of your time, and it's the safest, most efficient and effective way to participate in this wonderful program.
You will have sixty days to make your contribution to GOAL (for Stonehaven's account) via check or credit card once you are approved to participate by the Georgia Department of Revenue. If you choose to submit payment up front when you submit your application, your credit card payment or your check made payable to "Georgia GOAL Scholarship Program, Inc." will be processed only when GOAL receives your Approval Letter from the DOR. Remember that this contribution does not make you eligible to claim a tax write-off, but a TAX CREDIT, so you'll receive 100% back when you file your year-end tax return. GOAL will send you the required paperwork to claim the credit with your taxes.
Georgians have been given a rare opportunity -- the ability to tell the state how to spend a portion of their state income tax dollars.
Time is of the essence! The state-wide $58 million cap gets met earlier and earlier each year. In fact, tax payers are already pledging their intent to participate for the following tax year, and the tax credits are going fast! After the cap is met, no applications will be approved by the state. Getting your forms in sooner will increase your chance of getting approved, so please start the simple redirect process today!
For further information, please contact Lovell White in the Stonehaven Office.