By donating through The Georgia Private School Tax Credit Program a parent is granted a tax credit by the state of Georgia – providing a dollar-for-dollar tax CREDIT off of state income tax liability (not just a deduction).

The donor can also take a charitable contribution deduction on their federal return in addition to a tax credit on their state return. Here is how to apply for approval from the State of Georgia to receive the tax credit for your donation to CICM Student Scholarship Organization:

-Please fill out form IT-QEE-TP1 . Once completed, mail it in to the GA DOR immediately. Remember, there are only a limited amount of funds to be given as a tax credit and they are given on a first come first served basis.
-The Department of Revenue will approve your request within 30 days if there are sufficient funds left. You will receive an approval letter back in the mail at which time you will need to contact CICM SSO to complete the process.