Reminder…. Time is running out for Georgiatax payers to take advantage of the Georgia Private School Tax Credit Program. If you have not done so already and plan to make a donation to SSO of America please be advised that the deadline to submit your application to the Georgia Department of Revenue is November 1.
In May 2008, the Georgia state legislature passed a bill called The Georgia Private School Tax Credit (HB1133). This bill allotted $50 million per calendar year of state income tax money to be used for private school scholarships. Individuals and companies paying Georgia income tax are allowed to donate to private schools and receive dollar for dollar credit off of their Georgia Income Tax making the cost of the donation essentially zero.
Through this program, it is possible to have 100% of your child’s tuition paid for while every dollar is reimbursed to donors by the state ofGeorgia. This is an exciting opportunity for our school and our families. We encourage each family to take advantage of this tax benefit for your child’s tuition or as an undesignated contribution that will be used to help fund a scholarship for another OMA family.
If you have any questions please contact Rhyne Owenby at 770-834-6651.
