What Is GOAL?
The GOAL Program is a remarkable and important opportunity provided to Georgians by our elected officials. In exchange for contributions to Georgia GOAL, taxpayers receive a 100% state income tax credit!
Tax Credit Limits Based on Filing Status have been expanded, effective in 2023!
| 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 liability | |
| New for 2023: Business that pays insurance premium tax | 75% of annual tax liability, but credit shall not exceed $1 million | |
Submit Your 2024 GOAL Tax Credit Application Today!
How to Contribute & Take the Tax Credit
- Apply Now
Complete the 2024 GOAL Tax Credit Application today (takes just 20 seconds!). - GOAL Submits to DOR
GOAL submits your 2024 application to the Georgia Department of Revenue (DOR) on the first business day of January 2023. - Approved to Contribute
By mid-January 2024, GOAL and DOR notify you of your approved tax credit amount and payment deadline. - Make Payment
Pay GOAL by check, credit card, or ACH within 60 days of DOR approval (by mid-March 2024). - Take the Credit
GOAL will send you Form IT-QEE-SSO1 (tax receipt) in May 2024 for claiming the credit on your 2024 Georgia income tax return (Note: you will take the credit on the income tax return for the year in which you make the payment).
Questions?
Please contact Marie Rainey with any questions. Thank you for your support of Gatewood Schools!
