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Money Crashers
The Education Freedom Tax Credit – A 2027 Donation That Comes Back in Full
Starting January 1, 2027, giving to a qualified Scholarship Granting Organization earns you a dollar-for-dollar federal tax credit of up to $1,700 (Treasury rules pending), not a deduction. If you owe federal income tax and already give to charity, plan to route that giving to an SGO in 2027.
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