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.
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.