Qualified Law Enforcement Donation Tax Credit
On this page find information and instructions for claiming the Qualified Law Enforcement Donation Credit.
- Tax Credit Code: 150
Summary
For taxable years beginning on or after January 1, 2023, and ending on or before December 31, 2027, a taxpayer is allowed a tax credit for donations made to qualified law enforcement foundations for a local law enforcement unit (any agency, office or department of a county, municipality, or consolidated government).
The aggregate amount of tax credits allowed shall not exceed $75 million per calendar year. Each qualified law enforcement foundation shall be limited to accepting $3 million per year of contributions. The total amount of the tax credit for a taxable year cannot exceed the taxpayer’s income tax liability.
Any unused tax credit shall be allowed the taxpayer against the succeeding five years’ tax liability. For taxable years beginning on or after January 1, 2025, any credits generated but not used may be carried forward for three years. The credit shall not be allowed for the taxpayer against prior years’ tax liability.
Information
Taxpayers must request preapproval to claim this credit on Form IT-QLED-TP1 through the Georgia Tax Center.
Primary Information, Forms, and Instructions for Qualified Law Enforcement Donation Credit (QLEF)