Private School Tax Credit Guidance Sought
The 2025 GOP tax law’s new credit for donations to private school scholarships is top of mind for advocacy groups across the ideological spectrum, who would like the Treasury Department to flesh out the role states will play in the program.
Under the tax-and-spending law, donors will be able to claim credits for donations to scholarship-granting organizations that typically provide financial assistance for students to attend private schools. States must elect to participate, and they are tasked with identifying organizations whose donors would be eligible. The program will begin in 2027.
Some progressive groups ...
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