The Tuition Tax Credit Scholarship Program (HB 1133) allows individuals and corporate citizens to receive a state income tax credit for donations to the Student Scholarship Organization (SSO). GREAT SSO, Inc. will then use the donations to grant scholarships for students to attend the qualified private school of their parents’ choice. While there is no limit as to how much one may donate, there are limitations of how much of a tax credit donors may receive. The law provides for individuals to receive a dollar-for-dollar state income tax credit of up to $1,000.00 per year, per individual or $2,500.00 for a married couple filing jointly.
1.Complete the Georgia Form IT-QEE-TP1, included in the package of information or available for download:
GREAT SSO, Inc Fed ID # 32-0257783
2.Submit the Georgia Form IT-QEE-TP1 to the Department of Revenue in the envelope included in the package of information or at the address below:
Georgia Department of Revenue Qualified Education Expense 1800 Century Blvd NE Suite 8301 Atlanta, GA 30345
3.After receiving approval from the Georgia Department of Revenue, you will receive a copy of the approved Form IT-QEE-TP-1. This will be your notice to make your contribution to GREAT SSO, Inc. in the amount approved on the Form IT-QEE-TP-1.
4.Within 30 days of approval, send a copy of the approved Form IT-QEE-TP-1 along with the check payable to GREAT SSO, Inc. to:
GREAT SSO, Inc. 1595 Peachtree Parkway Suite 204-128 Cumming, GA 30041
GREAT SSO, Inc. will send you a confirmation Form IT-QEE-SSO1 to be filed with your Georgia Income tax return. Taxpayers must add back to Georgia taxable income that part of any federal charitable contribution deduction taken on a federal return for which a Georgia Qualified Education Expense Credit (QEEC) is allowed. Currently, Georgia cannot accept Individual returns claiming the QEEC electronically. Corporate taxpayers can electronically file their return while claiming the QEEP.
Great SSO, Inc.
A state of Georgia Student Scholarship Organization
