2016 GOAL tax credits are no longer available, and 2017 GOAL tax credits will all be consumed on January 1, 2017.
Georgians are racing to get their share of these popular tax credits before they are consumed each year.
GOAL is accepting 2017 tax credit forms beginning June 1, 2016! Please start the process today WITH ONE EASY STEP:
Complete the GOAL Paperless Process by following the instructions here.
Since 2008, the Georgia Education Expense Credit has allowed taxpayers to take a CREDIT against their Georgia income taxes for amounts contributed to the Georgia GOAL Scholarship Program. This is not a donation, it is a re-allocation of your state tax obligation to scholarships, and it can be designated directly to scholarships at Lionheart. GOAL funds help families attend Lionheart. Under the 2008 law, individual taxpayers receive a tax credit against their Georgia income tax liability for amounts contributed to the GOAL Scholarship Program up to $1,000 ($2,500 in the case of a married couple filing a joint return). Thus, if a married couple owes $10,000 in Georgia taxes, they can contribute $2,500 to GOAL for scholarships at Lionheart School and pay the remaining $7,500 to the state treasury. Corporations receive a tax credit for amounts contributed to the GOAL Scholarship Program up to 75% of their Georgia income tax liability. S Corps and LLCs can contribute up to $10,000. Read more about the corporate, S corp, or LLC program at www.goalscholarship.org
In addition, amounts contributed to GOAL are deductible for federal income tax purposes.
The GOAL Scholarship Program uses the contributions to fund K-12 scholarships for public school children who desire to attend private schools. The scholarships are also available for students who are eligible to enter Pre Kindergarten, Kindergarten, or first grade. Importantly, donors to GOAL can designate that their contributions be used in support of scholarships at The Lionheart School.
We encourage you to become a valued GOAL contributor! You can make a significant positive impact at no cost to you.
By contributing to GOAL for a tax credit and designating our school, you will provide opportunities for Georgia families desiring to attend The Lionheart School. We can then:
- Increase the amount of financial aid that can be offered to new students
- Preserve more of our existing financial aid to assist families already enrolled
- Increase enrollment
- Increase tuition income
- Increase the funds available to improve educational and other offerings
- Enable the school to further its mission by reaching more families desiring a [college preparatory / Christian / other] education
This program is an invaluable benefit for our school and community.