If you are ready to apply for the 2019 Qualified Education Expense Tax Credit you can submit your request at the same time as your scholarship application. Please complete the tax credit part of the application only once, even if you have multiple children and you complete multiple scholarship applications.
Signing up to donate doesn't obligate you to give, but it reserves the tax credit for you in January 2019. Once you are approved in January 2019, you will have 60 days to decide the exact amount to actually donate and even if you want to participate.
We estimate that approval amounts will be roughly half of the amount you request for your tax credit.
The maximum tax credit amounts are:
Individuals $1,000, - Married filing Jointly $2,500, - Business Owners $10,000 per Owner