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Georgia GOAL Scholarship Program - Submit your  GOAL Tax Credit Application today at goalscholarship.org.

In exchange for contributions to Georgia GOAL, our partner Student Scholarship Organization, taxpayers receive a 100% state income tax credit!

In addition, if they itemize, taxpayers receive a federal charitable income tax deduction for the amount of their contribution to GOAL.

  • Given the new federal limits on the deductibility of state and local income taxes, this is significant! By contributing to GOAL, you are making a charitable contribution, and may gain back a deduction, thereby reducing your federal tax burden.

The Georgia legislature has nearly doubled the available credits, alleviating the 'oversubscription' problem of past years. In 2021, instead of being approved for only about half of the amount taxpayers wish to contribute, they will very likely be approved for an amount between 90% and 100%.

This is a proven opportunity that is a win-win-win for taxpayer donors, scholarship recipients, and our school community. By simply contributing to Georgia GOAL for a 100% Georgia income tax credit, you will help maximize this source of financial aid for deserving families desiring to receive a Cumberland education.

You have the opportunity to make this our school's best year yet in raising GOAL funds!

Tax Credit Limits Based on Filing Status

  • Single individual or head of household - up to $1,000

  • Married couple filing a joint return - up to $2,500

  • Married couple filing separate returns - up to $1,250

  • S corporation shareholder, LLC member, or partnership partner - up to $10,000

  • C corporation or Trust - up to 75% of annual Georgia income tax liability

How to Contribute & Take the Tax Credit

  1. Apply Now (anytime from June 2020 - December 2020).
    Complete the 2021 GOAL Tax Credit Application today at www.goalscholarship.org (takes just 20 seconds!).​
     

  2. GOAL Submits to DOR.
    On the first business day of January 2021, GOAL submits your application to the Georgia Department of Revenue (DOR).
     

  3. Approved to Contribute.
    GOAL and DOR notify you of approved tax credit amount and payment deadline in early January 2021.
     

  4. Make Payment.
    Pay GOAL by check or credit card within 60 days of DOR approval (by mid-March 2021).
     

  5. Take the Credit.
    In May, GOAL will send you a Form IT-QEE-SS01 (tax receipt) for claiming the credit on your 2021 Georgia income tax return (Note: you will take the credit when you file your 2020 taxes in 2021).

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