The State of Georgia has created an opportunity for taxpayers to redirect a portion of their Georgia state income taxes to improve educational opportunities in Georgia. Valwood School is partnering with the Georgia GOAL Scholarship Program, a student scholarship organization established through House Bill 1133 in 2008.
If you owe Georgia taxes, you can receive a tax credit against your Georgia income tax liability for amounts contributed to GOAL. For married couples filing a joint return, the maximum tax credit-eligible contribution is $2500 ($1000 as an individual). For owners of pass-through entities (S-corp, LLC and partnerships) the maximum tax credit-eligible contribution is up to $10,000. C-corps and some trusts can contribute up to 75% of total tax liability. You are not affecting your budget in any way; you are contributing money to GOAL (designated for Valwood) that you were going to pay to the state government in taxes anyway.
How to participate:
Take advantage of the GOAL Paperless Process by filling out the online form found by clicking here.