What tax year is the tax credit for?

The tax year is the year that you make your donation to GRACE. Pre-registrations are usually submitted to GRACE the year before the tax year. Tax returns are filed the year after the tax year.

Here is an example:
Donor submits his/her pre-registration for a 2024 tax credit to GRACE in 2023.
Donor makes his/her donation to GRACE in 2024 – that is the tax year.
Donor files tax return with the Georgia Department of Revenue for 2024 in 2025.

Please note, as long as the cap remains open, donors can continue to register for the tax credit.