Tax Credit Information for Individuals

Individual taxpayers are able to redirect 100% of their Alabama state tax liability to Scholarships for Kids and receive a dollar-to-dollar tax credit in return. The annual maximum tax credit available on an individual return is $100,000.

he Alabama Accountability Act currently establishes an annual $40 million statewide limit on the tax credits. The credits are awarded on a first-come, first-served basis, and may be carried forward for 3 years.

Those who make quarterly tax payments can donate 100% of each quarter’s tax liability to Scholarships for Kids with no penalty, not to exceed $100,000 annually, and receive a dollar-for-dollar state tax credit.


Step-By-Step Guide
Scholarships for Kids Website

In all cases, please consult with your tax advisor.  If you have questions or need assistance making your gift, please contact Ann Perry at (205)769-0048 or

Tax Credit Gifts for “C” Corporations
Tax Credit Gifts for Pass-Through Entities