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Georgia GOAL Scholarship Program

Redirect a portion of your Georgia income tax payments to provide scholarships to BBCA students. For every dollar you give through this program, you can subtract a dollar from the amount of state taxes you owe. If you pay Georgia taxes, you can receive a 100% tax credit against your Georgia income tax liability.

CLICK HERE TO LEARN MORE ABOUT THE GEORGIA GOAL SCHOLARSHIP FUND AND TO CONTRIBUTE FOR 2023.

IMPORTANT CHANGES FOR 2023:

-The GOAL cap has increased to $120 million

-Contribution limits have increased as follows:

Tax Filing Status PREVIOUS LIMIT NEW LIMIT
Single Filer$1,000$2,500
Married Separate Filer$1,250$2,500
Married Joint Filer$2,500$5,000
Pass-Through Owner
(not making HB 149 election)
$10,000$25,000
C Corp, Trust, or Pass-Through electing to pay
tax at the entity level (HB 149)   
75% of annual tax liability75% of annual tax liability
New for 2023: Business that pays insurance premium tax75% of annual tax liabilitybut credit shall not exceed $1 million

For Individuals:

1. Complete the 2023 GOAL Tax Credit Application online. It takes just 20 seconds! GOAL will then submit your application to the Georgia Department of Revenue.

2. Receive approval to contribute. GOAL and the DOR will notify you of the approved tax credit amount and payment deadline.

3. Pay GOAL by check or credit card within 60 days of DOR approval.

4. Take the credit. GOAL will send you Form IT-QEE-SSO1 (tax receipt) for claiming the credit on your 2023 Georgia income tax return. Note: you will take the credit when you file your 2023 taxes in 2024.

For Businesses:

Please watch this brief two minute video message that describes the business deduction opportunity for pass-through entities contributing to Georgia GOAL for a tax credit. IRS proposed regulations provide that a payment made by a pass-through business to a charity (such as Georgia GOAL for Bible Baptist Christian Academy) may qualify for an ordinary and necessary business expense deduction, even where the owners receive a state income tax credit for the payment. Click here for examples of federal tax benefit, which is $3,500 for a $10,000 contribution under certain circumstances.

Businesses can deduct payments relevant to their trade or business that are made with the reasonable expectation of financial return commensurate with the amount of the payment. The business expense deduction reduces the taxable net income of the pass-through business owner at the federal level, resulting in federal tax savings. Learn more here.


Please contact us at goal@mybbca.org with any questions. Thank you for your support of Bible Baptist Christian Academy!   

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