Georgia Private School Tax Credit
If you work in Georgia, you pay Georgia state income taxes!
You Can Direct Some of those Dollars to Veritas Academy!
In May of 2008 the Georgia Legislature passed HB 1133 which allows state income tax payers to take a tax credit for money designated to a qualified Georgia private school. You may designate ANY amount up to $2500 per couple, $1000 per individual, and a 75% corporate credit. In addition, this amount qualifies for a federal charitable contribution.
Everybody should participate!
To sign up please contact the Veritas Office at 912-238-1222 or email@example.com or Will Brodmann at 912-232-0475 (particularly on corporate questions) You may also follow the directions on our Directions to Donate page.
How it works?
We have partnered with Apogee Georgia School Choice Scholarship Fund, a state approved Student Scholarship Organization (SSO), to enable the Veritas Academy community to take advantage of this program. With a donation to the Apogee Georgia School Choice Scholarship fund, a Georgia state income tax credit is available to you for the tax year the donation is made. Your donation can be used as a charitable contribution deduction on your Federal tax return.
Tax Credit Amounts by Filing Status
A single individual or head of household will receive a credit against their Georgia income tax liability in an amount equal to the actual amount expended or $1,000 per tax year, whichever is less. Electronic filing of state individual income tax return will not be available for taxpayers claiming this credit.
Married Filing Jointly
The amount of the tax credit is equal to the actual amount expended or $2,500 per tax year, whichever is less. Electronic filing of state individual income tax return will not be available for taxpayers claiming this credit.
State income tax credit limit up to 75% of the corporation’s income tax liability or the actual amount donated, whichever is less. Option to NAME a dedicated scholarship fund in company’s name.
How to Donate?
You can find all the resources necessary to apply for this tax credit on our website. Go to our Apogee Donations page to begin the process. For additional questions or assistance, please contact Veritas Academy or John Panessa (404.419.7123) at Apogee. Visit Apogee Georgia School Choice Scholarship Fund to learn more about this opportunity.
Apogee is proud to offer the Apogee Georgia School Choice Scholarship Fund. For more information about Apogee’s services, please visit us on the web.
Parents or Guardians interested in applying for Veritas Academy scholarships should contact the school.
Apogee Georgia School Choice Scholarship fund officials will work closely with existing private schools and scholarship committees in the awarding of scholarships.