The Georgia Foster Care Tax Credit launched January 1st and allows state taxpayers a dollar-for-dollar tax credit. Georgia taxpayers who electronically submit their state income taxes can now go online and donate to a new tax credit program that not only reduces their income tax burden but also raises funds for young adults aging out of the foster care system.
The bill establishing this tax credit was sponsored by Sen. Bill Cowsert (R-Athens) during the 2022 session of the Georgia General Assembly.
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