Georgia Private School Tax Credit
The Christian Montessori School has partnered with the Georgia Student Scholarship Organization (GASSO) to make it possible for parents, friends, and family to redirect apportion of their Georgia income tax in order to provide scholarship support to CMS students. Students who are four years of age and older are eligible for this scholarship.
Georgia law provides that tax dollars for which you are already responsible can be diverted in order to reduce tuition costs for students. In addition, a donation to this scholarship fund can also earn a charitable deduction for federal tax purposes. As always, the school recommends you discuss this with your tax accountant.
The Process:
- Print and complete Form IT-QEE-TPI.
- Receive the Approved Form from the Georgia Department of Revenue.
- Send donation check, the copy of the Pre-approval form, and the Donor Designation form to GASSO.
- GASSO sends the donor an acknowledgement form. Donor receives 100% state tax credit for amount donated.
- School receives a check in the amount of the donation to be applied to tuition.
The staff of CMS will be happy to help you with any of this process.
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