GOAL Scholarship

GOAL Logo

 

 

Do you pay Georgia state taxes?  Would you like to redirect a portion of those taxes to Gatewood instead of the state of Georgia?

The Georgia Education Expense Credit (House Bill 1133), Georgia has joined the five other states that are using tax-credit scholarship programs to provide children from low-income families greater opportunities for access to learning at private institutions like Gatewood.

Gatewood School has been approved as a Qualified School, meeting all the necessary requirements as defined by the State of Georgia. Participation in this program will provide additional financial resources to Gatewood’s financial aid program available to new students and their families. We are working together with the Georgia “GOAL” Scholarship Program, a state-approved student scholarship organization.

Here’s how to get started redirecting your tax dollars:

You may complete the paperwork here.  Make sure to list Gatewood Schools in the Donor School.  If you prefer to complete a paper copy, you may download the paperwork by click here.  Paper forms may be submitted to Gatewood Schools, 139 Phillips Drive, Eatonton, GA 31024 or faxed to GOAL at 877.478.4625.  Gatewood Schools will notify you as soon as you have been approved for the tax credit.  You will have 60 days from the date of the Georgia Department of Revenue’s approval date to submit your payment to GOAL.

Georgia GOAL Scholarship Program – Submit your 2022 GOAL Tax Credit Application today!
The GOAL Program is a remarkable and important opportunity provided to Georgians by our elected officials.
In exchange for contributions to Georgia GOAL, our partner Student Scholarship Organization, taxpayers
receive a 100% state income tax credit!

This is a proven opportunity that is a win-win-win for taxpayer donors, scholarship recipients, and our school
community. By simply contributing to Georgia GOAL for a 100% Georgia income tax credit – in other words, by
contributing with dollars you must spend anyway, you will help maximize financial aid for deserving families
desiring to receive a Gatewood education.

Tax Credit Limits Based on Filing Status

  • Single individual or head of household – up to $1,000
  • Married couple filing a joint return – up to $2,500
  • Married couple filing separate returns – up to $1,250
  • S corporation shareholder, LLC member, or partnership partner – up to $10,000
  • NEW Opportunity for 2022: S corporation, LLC, or partnership that elects to pay tax at the entity
    level – up to 75% of Georgia income tax liability
  • C corporation or Trust – up to 75% of annual Georgia income tax liability

How to Contribute & Take the Tax Credit
1) Apply Now
Complete the 2021 OR 2022 GOAL Tax Credit Application today at www.goalscholarship.org (takes just
20 seconds!).

2) GOAL Submits to DOR
GOAL submits your 2021 application to the Georgia Department of Revenue (DOR) immediately, and
your 2022 application on the first business day of January 2022.

3) Approved to Contribute
GOAL and DOR notify you of approved tax credit amount and payment deadline.

4) Make Payment
Pay GOAL by check or credit card within 60 days of DOR approval.

5) Take the Credit
GOAL will send you Form IT-QEE-SSO1 (tax receipt) for claiming the credit on your Georgia income tax
return (Note: you will take the credit on the income tax return for the year in which you make the
payment).

Please contact Libby Rainey at lrainey@gatewoodschool.com with any questions. Thank you for your support of
Gatewood Schools!

For more information on the Georgia GOAL Scholarship Program, visit them online at http://www.goalscholarship.org/.