GEORGIA GOAL
Your taxes. Your choice.
Georgia GOAL Scholarship Program –
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 Covenant Academy education.
New Tax Credit Limits Based on Filing Status
• Single individual or head of household – up to $2,500
• Married couple filing a joint return – up to $5,000
• Married couple filing separate returns – up to $2,500
• Pass- Through Owner (not making HB 149 election) – up to $25,000
• C Corporation, Trust, or Pass-Through electing to pay tax at the entity level (HB 149)–
75% of Georgia income tax liability
• New for 2023: Business that pays insurance premium tax - 75% of annual tax liability (not to exceed $1 million)
How to Contribute & Take the Tax Credit
1) Apply Now
Complete the 2022 OR 2023 GOAL Tax Credit Application today: (takes just 20 seconds!).
2) GOAL Submits to DOR
GOAL submits your 2022-23 application to the Georgia Department of Revenue (DOR) immediately, and your 2023
application on the first business day of January 2023.
3) Approved to Contribute
GOAL and DOR notify you of approved tax credit amount and payment deadline.
4) Make Payment
Pay GOAL by check or credit card within 60 days of DOR approval.
5) Take the Credit
GOAL will send you Form IT-QEE-SSO1 (tax receipt) 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).