The Student Scholarship Organization Credit is for people and businesses donating to student scholarship organizations through our Education Donations Portal.
Individuals, corporations, partnerships, small business corporations, trusts, or estates with qualifying donations.
Donations made to student scholarship organizations.
The credit is equal to the amount of the donation up to $150.
Credits are available on a first-come, first-served basis until the total credits claimed reaches the threshold for the year. The threshold for tax year 2017 is $3 million.
The credit is nonrefundable and cannot be carried forward.
Donations and claims must be made online using our Education Donations Portal.