Monday, May 21, 2012

Georgia Tax Credit Scholarship Program

This program allows a couple to donate $2,500 to the participating private school of their choice and take a dollar for dollar tax credit on their Georgia return so it really costs  nothing. The private school uses the money to offer scholarships to public school students. You also can take a tax deduction for the contribution on your Federal return so you end up better off than you were before the contribution.

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