10/23/2026
A new federal tax credit could change how individuals support K - 12 education beginning in 2027 📚
The Education Freedom Tax Credit will allow eligible taxpayers to claim up to $1,700 annually in federal income tax credits for qualifying contributions to approved Scholarship Granting Organizations.
For donors, this creates a new opportunity to support education while potentially reducing their federal tax liability. For nonprofits, it introduces new eligibility and compliance requirements worth understanding before the program takes effect.
In RGCO’s latest blog post, Lindsey Earling, explains how the credit works and what donors and nonprofit organizations should know as additional IRS guidance develops.
Read the full article, Education Freedom Tax Credit: What Donors and Nonprofits Should Know, here: https://bit.ly/4eMezmS
Education Freedom Tax Credit: What Donors and Nonprofits Should Know October 21, 2026 Lindsey Earling, MSAA No Comments Beginning January 1, 2027, the Education Freedom Tax Credit will create a new incentive for individuals to support K–12 education through qualifying cash contributions to approve...