Giving a child an Islamic Education can be a form of Sadaqah Jariyah!
There are two different ways to donate to support the Augusta Science Academy. We encourage everyone (that is eligible) to use both methods. One method is to direct Georgia Tax money you already owe to go to the Augusta Science Academy. You may pledge anytime of the year then fund (pay) in the following year. See details below. The tax money is limited so we also highly encourage everyone to donate directly to support the Augusta Science Academy.
The deadline to pledge for GaSSO 2025 as exipered!
Pledging for 2026 starts May 1, 2025.
If you work or live in Georgia you almost surely pay Georgia state tax, the money you donate through GaSSO will be 100% credited to your Georgia state tax! Make a donation to Augusta Science Academy (ASA) instead of paying that money to the state.
If you pay Georgia state tax (either personal or corporate tax), you can direct some of the money to go to support the ISA Islamic School – Augusta Science Academy.
It is time to pledge for the 2025 tax year. Make your pledge at: (https://go.georgiasso.com/schools/195/landing). Only a percentage of your pledge will be approved, so please pledge at least twice what you intend to donate or the preferably the maximum based on your Tax filing status. Then in January 2025 the GA Department of Revenue approves your pledge and letting you know the amount approved. After that you can decide to donate any amount up to the maximum approved. Your pledge can be funded (paid) within 60 days of the approval (there is an option for 6 monthly installments through paypal). Then in Spring of 2026 when you electronically file your 2025 GA Taxes, you get a dollar-for-dollar credit for the money you funded to support the Augusta Science Academy. Every dollar you fund for Augusta Science Academy reduces your GA state Taxes an equal amount. You may get that money as a Tax refund. You may also be able to deduct your donation from your federal taxes.
The maximum amount someone can donate to GaSSO in exchange for a Georgia education expense tax credit is based on Tax filing status:
- Individual: $2,500
- Married Filing Joint: $5,000
- Married Filing Separately: $2,500
- Individuals who receive pass-through income can contribute up to $25,000
- C-Corporation: Up to 75% of GA tax liability
Businesses can get BOTH a 100% state tax credit PLUS a federal deduction for the same donation.
For taxpayers who donate to GaSSO as individuals, married filing separate, or married filing jointly, if your Georgia income tax liability is at least as much as your GaSSO donation, your refund will increase by the amount of your donation. If on the other hand, your state income tax liability is less than the amount of your donation to GaSSO, the amount of the unused credit can be carried forward for up to 5 years.
You may recoup your donation sooner by adjusting your state withholding amount from each paycheck until you recoup your donation amount.
We are not tax specialists, but we are willing to answer any questions you may have about this program, just email GaSSO@aSCIENCEa.com.
On Sunday November 14, 2021, Mr. Dave Neyer President of Georgia Student Scholarship Organization, Inc. (GaSSO) presented information and answered questions about GaSSO. See the video below: