Feds provide guidance on new federal K-12 scholarship tax credit program
The U.S. Treasury Department issued guidance for a new federal scholarship tax credit program, which allows individuals to claim credits for donations to scholarship-granting organizations starting in January.
The U.S. Department of the Treasury released new guidance Thursday for participating states, scholarship-granting organizations and taxpayers as the federal scholarship tax credit program prepares to take effect in January. Created through President Donald Trump’s massive tax and spending law in 2025, the Education Freedom Tax Credit program allows individuals to claim a dollar-for-dollar federal […]
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