On October 1, 2026, the IRS and Treasury issued long-awaited regulations addressing the Federal Scholarship Tax Credit ($1,700 per individual; $3,400 per couple) for donations to Scholarship Granting Organizations. With the January 1, 2027, launch date just 90 days away, now is the time for schools, donors, and Scholarship Granting Organizations to prepare for what is expected to be the transfer of more than $26 billion annually in federal tax dollars to support K-12 private and public education.
Join BakerHostetler's Tax Group Chair and Tax-Exempt Organizations and Charitable Giving team for a timely discussion of the newly issued regulations and what they mean for donors, Scholarship Granting Organizations, private and public schools and related stakeholders as this historic program is rolled out.
Topics of discussion will include:
- Key provisions of the temporary and proposed regulations
- Federal tax credit opportunities for donors
- SGO qualification and operational requirements
- State participation and implementation deadlines
- Audit, reporting, and compliance obligations
- Coordination of federal and state tax credits
- Student eligibility for scholarships and qualified education expenses
- Considerations for private schools vs. public school systems
- Open questions and anticipated future guidance
For questions, contact: TaxEvents@bakerlaw.com.
