Georgia GOAL

Georgia GOAL

You are already paying income taxes to the state. Why not redirect some of those taxes to provide tuition assistance to financially eligible Marist students?
Since 2008, Marist School has partnered with the Georgia GOAL Scholarship Program, a Student Scholarship Organization (SSO) created through the Georgia Education Expense Tax Credit Program. This program enables Georgia residents, corporations, trusts, LLCs, and partnerships the opportunity to designate a portion of their state tax liability to the school's financial aid program. There is virtually no cost to participate, but your support has a tremendous impact on Marist’s ability to provide financial aid to students and families in need.

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 Georgia families desiring to receive a Marist School 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

List of 3 items.

  • How do I sign up?

    Registration for the 2022 Georgia GOAL program is already in full-swing. Apply online or download the application form today!
  • How does it work?

    1. Apply Now
      Complete the 2022 GOAL Tax Credit Application today at www.goalscholarship.org (takes just 20 seconds!).

    2. GOAL Submits to DOR
      GOAL submits 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 within 30 days of submission.

    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).
  • Pass-through entities

    Significantly, effective in 2022, you can achieve a substantive tax benefit AND make a much greater impact through the Georgia GOAL program!
     
    Federal Action:
    Through IRS Notice 2020-75, issued on November 9, 2020, the IRS has allowed for a “SALT Workaround” for pass-through entities paying state income tax. In other words, the IRS will allow for state and local income taxes imposed on and paid by a pass-through entity with respect to its income to be taken as a deduction by the pass-through entity in computing its taxable income or loss for the year. These taxes are not subject to the SALT limitation for partners and shareholders who itemize deductions.
     
    Georgia Action:
    HB 149, which the Georgia General Assembly passed during its 2021 legislative session, represents Georgia’s response to this IRS Notice, and provides that pass-through entities may make an annual election to pay the tax due on income earned by the entity at the entity level at the rate of 5.75%.
     
    GOAL Impact:
    HB 149 specifically provides that the electing entity shall be eligible for the Georgia GOAL credit and will be treated as an “other entity” that is eligible for a credit in an amount up to 75% of the entity’s Georgia income tax liability.  Additionally, the electing pass-through entity will not be required to claim any business purpose for the payment besides satisfying the entity’s Georgia tax liability. 
     
    Your company’s opportunity to offer dramatic educational opportunities, and to assist families in our community through this program, just became substantial. No longer are you held to a contribution of $10,000. You may contribute up to three-fourths of your entire Georgia income tax liability for the year, if you choose to pay such tax at your pass-through entity level.
     
    This brand-new opportunity may cause the entire $100 million of available education tax credits to be completely consumed on the first day of 2022. Apply now for your tax credit at www.goalscholarship.org.

Contact Us

List of 2 members.

  • Photo of Kathryn Hawkins

    Ms. Kathryn Hawkins 

    Director of Annual Giving
    (770) 936-2282
  • Photo of Allyson Hinojosa

    Mrs. Allyson Hinojosa 

    Annual Giving Coordinator
    (770) 936-3540
"Our family is proud to support the Georgia GOAL program. While the tax advantage is considerable, this program has a significant impact on Marist School. We especially like that GOAL is focused on students in need of tuition assistance."

- Nic and Kelsey Lancelotta, Parents of Mary Hall '24
 

Marist School

3790 Ashford Dunwoody Road, NE
Atlanta, GA 30319-1899
(770) 457-7201
An Independent Catholic School of the Marist Fathers and Brothers