Federal Tax Bill and School Choice Tax Credit

Federal Tax Bill and School Choice Tax Credit

Jul 17, 2025, 3:14 PM

(from Jeff Barth on LinkedIn) Beginning in 2027, a new federal tax credit scholarship program will reshape how private schools can secure financial support. For CFOs, board members, trustees, and development directors of independent schools, understanding this program is essential as you begin to develop your multi-year financial and strategic plans. Donors who contribute to approved Scholarship Granting Organizations (SGOs) can claim a dollar-for-dollar federal income tax credit, up to $1,700 for individuals or $3,400 for joint filers each year. What sets this apart is wide donor reach and stronger incentives. 

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