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Savannah Standard

Monday, September 30, 2024

Statewide Cap Increase. Higher Contribution Limits. Even Greater Impact!

Statewide cap increase. Higher contribution limits. Even greater impact!

The 2023 cap on GOAL tax credits will be met very early, potentially on the first business day in January. Don't miss out! Submit your application today at goalscholarship.org.

#thebc400

May be an image of text that says 'GEORGIA GOAL SCHOLARSHIP PROGRAM, INC. EXPANDED OPPORTUNITY FOR 2023, DON'T MISS OUT! Thanks to the cap increase and higher contribution limits, YOU have the opportunity to make an EVEN GREATER IMPACT! TAX FILING STATUS Single Filer Married Separate Filer PREVIOUS LIMIT NEW LIMIT $1,000 Married Joint Filer $2,500 $1,250 $2,500 $2,500 Through Owner (not making HB 149 election) c Corp, Trust, or Pass- Through electing to pay tax at the entity level (HB 149) $5,000 $10,000 $25,000 75% of annual tax liability'

Original source found here.

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