Support Al-Furqan Academy with your 2019 Georgia Tax Dollars

it just takes a few minutes to submit and very little effort from you.

For more details call us at (678) 723-9461

Each calendar year, until the annual cap on available education expense credits is reached:

  • A married couple filing a joint return can redirect up to $2,500 of their income tax payments to GA DOR through GA Bright.

  • A married couple filing a separate return can redirect up to $1,250 (each) of their income tax payments to GA DOR through GA Bright.

  • A single individual can redirect up to $1,000 of his or her income tax payments to GA DOR through GA Bright.

  • An individual who is a member of a limited liability company, shareholder of an "S" Corporation, or partner in a partnership (pass-through entities) is allowed a Georgia income tax credit for up to $10,000 of the amount they contribute to a SSO, so long as they would have paid Georgia income tax in that amount on their share of taxable income from the pass-through entity. 

  • Corporations can receive a tax credit for amounts contributed to the GOAL Scholarship Program and many corporations have done so. For "C" corporations, the tax credit is available up to 75% of their annual Georgia income tax liability. 

 

Steps:

The taxpayer will submit his or her 2019 tax credit application to GABright using https://gabright.org/donor-form/?school=al-furqan-academy . Then, GABright  will take care of every remaining step, and will remind the taxpayer when action is required. Each step in the process is outlined below

  1. GABright Submits Taxpayer Application to DOR: On the first business day of January 2019,  GABright will submit the taxpayer's request for a 2019 tax credit to the DOR. Shortly thereafter, GABright  will notify taxpayer by email that the application has been submitted.

  2. DOR Informs Taxpayer of Approval: Taxpayer will receive a DOR Approval Letter within 30 days after GABright  submits the application, indicating the amount for which he or she is approved and the deadline for making payment to GABright.

  3. DOR Informs GABright  of Taxpayer Approval: GABright  also receives notice of taxpayer's DOR approval, and GABright  will email taxpayer detailed instructions regarding payment deadline and options.

  4. Taxpayer Makes Payment to GABright: When notified of DOR approval (by DOR Approval Letter or email from GABright), taxpayer must submit payment to GOAL before his or her 60-day payment deadline.

  5. GA Bright will award the amount paid minus processing fee to Al-Furqan Academy as scholarship.

  6. GABright Emails Taxpayer Tax Receipt: GABright  will send taxpayer an acknowledgement letter and tax receipt (Form IT-QEE-SSO1), in May 2019.

  7. Taxpayer Claims Georgia Income Tax Credit: When taxpayer files their 2019 taxes, he or she will take a Georgia tax credit and (if taxpayer itemizes) a federal tax deduction.