The Lord has done great things for us, and we are filled with joy.
Psalm 126:3
You Have to Pay Them... Taxes
Participants aren't giving extra money out of their pocket. It's just the money they're already required to pay in Georgia state income taxes. So, why send your money to the politicians in Atlanta when you can support SCS's students instead? |
No Cost to Contribute
Participants receive a dollar-for-dollar tax credit for the amount of their contribution. For every dollar contributed, a participant's state tax bill is reduced by that same amount. |
Anyone Can Contribute
Any Georgia taxpayer or business can redirect a portion of their taxes to this program. Yes, even parents* *Whether a parent contributes or not has no impact on their child's scholarship eligibility or award amount. |
Submit a Request
Fill out the appropriate Paperless Request Form and the Alyn Scholarship Fund will submit your request to the GA Dept. of Revenue for approval. Within four weeks, the GA DOR will send a letter informing you of the approved amount you can contribute. |
Make the Contribution
Once approved, participants have 60 days* to make their contribution. This can be done by check or with our online payment portal. *If there are less than 60 days left in a calendar year when a participant receives approval, the contribution must be made by December 31st |
A Single person or a married person filing separately can contribute
up to: $2,500 |
A Married Couple filing jointly can contribute up to: $5,000
|
Each shareholder of a Pass-Through (LLC, S-Corp, Sole Proprietorship) can contribute up to: $25,000
|
A C-Corp or Trust, can contribute up to:
75% of its state tax liability |
S-Corps & Partnerships electing to pay taxes at the entity level can contribute up to:
75% of its state tax liability and claim a federal deduction for the state taxes and credits claimed |