Under the Georgia Tax Credit Scholarship Program, any company or individual that pays Georgia income tax may receive a dollar-for-dollar tax credit for approved donations to Arete Scholars. Maximum annual credit amounts by filing type:
C-corporations - 75% of GA income tax liability
S-corporations, LLCs, Partnerships - $10,000
Joint filers - $2,500
Individual filers - $1,000
To submit a 2019 Georgia tax credit application, please complete the following form by December 21, 2018. Arete will file your request with the Georgia Department of Revenue when the 2019 application period opens on January 2nd.