GA Tax Credit
Now Accepting Applications for the 2022 Tax Year.
Georgia Private School Tax Credit (ALEF Fund)
The Georgia Private School Tax Credit Program allows Georgia residents and C-Corporations to redirect a portion of their Georgia tax liability to a Student Scholarship Organization (SSO) in support of the financial aid program at a private school of their choice. Participants receive a dollar-for-dollar tax credit on their state income taxes and a charitable deduction on their federal return. Read more at the Georgia Department of Education website.
The Davis Academy partners with ALEF Fund, a state-approved Student Scholarship Organization (SSO), to enable The Davis Academy community to participate in the Georgia Private School Tax Credit Program. The Davis Academy uses the ALEF Fund to provide need-based financial aid to deserving students moving from public schools or entering The Davis Academy in Mechina (kindergarten prep), kindergarten or first grade.
Paperless – It’s fast and easy!
Complete the electronic form. No signature is required! The ALEF Fund will remain in touch with you throughout the process and will notify you by email (or letter if an email address is not provided) when your tax credit application is approved.
In order to finalize your participation, The ALEF Fund must receive your payment within 60 days of the state’s approval either by mail to The ALEF Fund, 1440 Spring Street, NW, Atlanta, GA 30309 (checks should be made payable to The ALEF Fund) or online with a credit card to aleffund.org.
Maximum Tax Credit Limits Based on Filing Status:
- $1,000 single individual
- $2,500 married filing jointly
- $1,250 married filing separately
- $10,000 with pass through income from LLC, S-Corp or Partnership
- 75% of C-Corp or eligible Trust’s total Georgia tax liability
Your participation in the Georgia Private School Tax Credit program is not considered a donation to The Davis Academy but rather a redirection of tax liability already owed to the state of Georgia. We hope you will continue to support The Davis Fund to help the school meet its other financial operating needs.
To learn more about the ALEF Fund visit aleffund.org.
Director of Institutional Advancement