If I re-direct some of my Georgia income tax payment to GCSSF, can I designate that it be used to provide scholarships for students who will be attending a specific Partner School?
Yes, by placing the Partner Schools name on the memo line of your contribution check, at least 90% of the donation will be allocated toward GCSSF scholarships to that Partner School. • If I re-direct some of my Georgia tax payments to GCSSF, can I designate the student who will benefit from the financial assistance? No. GCSSF does not accept donations designated for specific individuals. However, a donor to GCSSF may designate a Partner School as noted above. If so designated, the financial aid committee at the Partner School will have the discretion of deciding which qualified recipients will be recommended to GCSSF for the receipt of the GCSSF scholarships. • What is the deadline for making contributions that qualify for the tax credit? How is the contribution made? In order to ensure approval of an intended contribution in time to secure a Georgia income tax credit, an individual or corporation must complete and file with the Georgia Department of Revenue a Form IT-QEE-TP1 pre-appro
Related Questions
- If I re-direct some of my Georgia income tax payment to GCSSF, can I designate that it be used to provide scholarships for students who will be attending a specific Partner School?
- Can scholarships used as payment for college tuition and fees be claimed on Form 8863, Education Credits?
- May self-supporting funds be used to provide scholarships for students?
