Prince Avenue Christian School is pleased to participate in The Georgia Private School Tax Credit Program.
This opportunity allows Georgia residents and C-Corporations to redirect a portion of their Georgia tax liability to a Student Scholarship Organization (SSO) in support of the financial aid program at a private school of their choice. Participants receive a dollar-for-dollar tax credit on their state income taxes and a charitable deduction on their federal return.
Prince Avenue invites you to partner with us by redirecting your Georgia Taxes back to the school.
Visit the Apogee Scholarship Website
Click here to view a short video about the Apogee Scholarship:
Frequently Asked Questions
- Up to $2,500 for an individual
- Up to $5,000 for a married couple
- Up to 75% of a C-Corp, Trust, or S-Corp/Pass-through electing to pay GA tax through the entity
- Up to $25k for passthrough shareholders
This credit gives you a dollar-for-dollar reduction in the amount you owe in Georgia taxes. For example, if you donate $2,500, then your tax bill would be reduced by the full $2,500.
Participation in the program does not automatically change your withholding amount. The benefit of your donation will be realized when you file your year-end taxes.
No. Regardless of your tax situation, you will receive a dollar-for-dollar state tax credit in exchange for your contribution, resulting in a pure wash. There is no cost to participating in the program.
The tax credit is a “non-refundable” credit. Any excess can be carried forward for up to five years.
If claiming a non-business type credit, yes!
Yes! Apogee is a 501c3 non-profit and is eligible to receive all charitable gifts.