FAQ's

FAQ's

What is objective of House Bill 1133 (HB1133)?

What is the role of Ideate Education Empowerment, Inc.?

What is the yearly tax liability credit limit?

What happens if the donation exceeds the taxpayer’s income tax liability?

Will taxpayers be able to file taxes electronically?

How is the taxpayer approved for the Georgia Tuition Tax Credit?

What is the approval process?

Is there a maximum limit set by the Georgia Department of Revenue?

What is a SSO? (Student Scholarship Organization)

What are the requirements to qualify as an Eligible student?

Will a contributor be allowed to designate tax credits to a dependent?

Will donors be allowed to select Private School to receive contribution?

What schools are qualified to receive funding from Ideate?

Will a scholarship recipient receive funding each subsequent year?

Is the Tuition Tax Liability Credit a Voucher Program?

How does a family receive tuition assistance from Ideate?

Where do I acquire additional information?

1. What is objective of House Bill 1133 (HB1133)?
	In 2008, the Georgia General Assembly passed House Bill 1133, and Governor Sonny Perdue signed the bill
	into law on May 14. This law permits Georgia taxpayers to receive an income tax credit by donating to
	Ideate Education Empowerment, Inc., a state-approved Student Scholarship Organization (SSO).

2. What is the role of Ideate Education Empowerment, Inc.?
	Ideate Education Empowerment, Inc., a Student Scholarship Organization, accepts redirected income
	tax liability donations from individuals, couples and corporations and grants scholarships to students in
	grades K-12.

3. What is the yearly tax liability credit limit?
	Individual Taxpayers
	- Individuals/Head of Household up to $1,000
	- Couples up to $2,500
	- Couples filing separate up to $1,250

	Corporate Taxpayers
	- Corporations/Businesses up to 75% of state tax liability

4. What happens if the donation exceeds the taxpayer’s income tax liability?
	The amount of the credit that exceeds the taxpayer’s or corporation’s income tax liability may be used against
	the next succeeding five years’ tax liability.

5. Will taxpayers be able to file taxes electronically?
	Yes Electronic Filing is available.

6. How is the taxpayer approved for the Georgia Tuition Tax Credit?
	Fill out form IT-QEE-TP1: http://ideateedu.org/TSD_HB-1133_FORM_IT-QEE-TP1-Version%209.pdf

	Mail form to:
	Georgia Department of Revenue
	Qualified Education Expense Credit
	1800 Century Blvd NE Suite 8301
	Atlanta, GA 30345

	If you do not have a Georgia state tax liability, or do not want to take advantage of the tuition tax credit, but
	would like to donate, visit the link for instructions.
	http://ideateedu.org/support-ieei.htm

7. What is the approval process?
	The Department of Revenue will return form ITQEE-TP1 to the taxpayer.
	The taxpayer will mail or fax approved form ITQEE-TP1 to Ideate.
	The taxpayer must mail their contribution to Ideate within 30 days of the date of the preapproval notice.

8. Is there a maximum limit set by the Georgia Department of Revenue?
	The total amount of tax credits granted each calendar year by the Georgia Department of Revenue cannot
	exceed $50 million. All approvals are based on a first come, first served basis.

9. What is a SSO? (Student Scholarship Organization)
	Tax exempt from federal income taxation under Section 501 (c) (3) of the Internal Revenue Code.
	Allocates 90% of its tuition tax credit annual revenue for scholarships to allow students to attend a qualified
	school of their parents’ choice.
	Provides educational scholarship or tuition grants to eligible students without limiting availability to only
	students of one school.

10. What are the requirements to qualify as an Eligible student?
	Students must reside in the state of Georgia and are enrolled in a Georgia secondary or primary public
	school.
	Students must be eligible to enroll in a qualified kindergarten program or pre-kindergarten program.

11. Will a contributor be allowed to designate tax credits to a dependent?
	Tax credits will not be allowed if the taxpayer designates the approved qualified expenses for direct benefits
	of any dependent of the taxpayer.

12. Will donors be allowed to select Private School to receive contribution?
	Yes, accredited private schools may be designated to receive Georgia’s Tuition Tax Credit Scholarship
	dollars.

13. What schools are qualified to receive funding from Ideate?
	Accredited private schools located in the State of Georgia.
	http://public.doe.k12.ga.us/pea_policy.aspx?PageReq=PEAHB1133

14. Will a scholarship recipient receive funding each subsequent year?
	Ø Ideate scholarships will be determined annually based on the availability of funds, and the student’s
	compliance will all admission requirements of the private school.

15. Is the Tuition Tax Liability Credit a Voucher Program?
	No. A school voucher, also called an education voucher, is a certificate issued by the government which
	parents can use to pay for educating their children in a school of their choice, other than their assigned district
	public school. There is no direct tax credit or deduction under the voucher program.

16. How does a family receive tuition assistance from Ideate?
	To inquire about available funds, send your email to Ideate at: scholarship@ideateedu.org

17. Where do I acquire additional information?

	Address:	Ideate Education Empowerment, Inc.
		2090 Baker Road NW, Suite 304-154
		Kennesaw, Georgia 30144-4603

	Telephone:	678-778-2217

	Email:	scholarship@ideateedu.org
	Website:	http://ideateedu.org/

Website designed and maintained by: Apoios