How to Claim the QEE Tax Credit
3 Documents Needed
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GA Form IT-QEE-TP1
Also known as the taxpayer’s Approval Letter. This is mailed to the taxpayer from the Georgia Department of Revenue or available online through the Georgia Tax Center.
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GA Form IT-QEE-SSO1
Pay it Forward Scholarships provides this to taxpayers to acknowledge the tax credit donation. Pay it Forward Scholarships emails these in January for the prior year.
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GA Form IT-QEE-TP2
To be completed by the taxpayer (or tax preparer) and transmitted with the return. Online tax filing software will typically walk taxpayers through completing this form.
Additional Information
The Georgia Department of Revenue requires taxpayers to file their Georgia income tax return electronically to claim the QEE Tax Credit. Taxpayers may not claim the credit by filing a paper version of the Georgia Form 500 (GA500).
The taxpayer must add back to Georgia taxable income the amount of any federal charitable contribution deduction taken on a federal return for which a Georgia qualified education expense credit is allowed.
The tax credit shall not be allowed if the taxpayer designates the taxpayer’s qualified education expense for a particular individual.
The QEE Tax Credit code is 125.
What is the appropriate schedule to claim the credit that must be filed with the return?
Individuals - Schedule 2
Fiduciary - Schedule 4
Corporate - Schedule 10
The Official Code of Georgia Annotated Section 48-7-29.16 establishes an income tax credit for qualified education expenses.
