Donations made in 2026 do not qualify for the new federal credit. Gifts count starting January 1, 2027. Here is how to be ready on day one.
- Check your federal tax bill. The credit is nonrefundable, so it is most valuable if you owe at least $1,700 in federal income tax. Unused credit carries forward up to five years.
- Plan one gift per spouse. Married couples can claim up to $3,400 when each spouse gives up to $1,700.
- Give from personal funds. Gifts through a business or a donor-advised fund generally do not qualify.
- Choose your Scholarship Granting Organization. You can give to a certified SGO in any participating state, no matter where you live.
- Pledge now. A pledge lets the SGO plan scholarships and send you a giving link on January 1.
General information, not tax advice. Based on the law and proposed regulations, which may change.