IRS sets rules for the new federal tax credit for scholarship donations
States that opt in must certify eligible scholarship granting organizations, and those groups must give each donor a yearly written acknowledgement and report qualified donations to the IRS.
Who it affects
Participating states, scholarship groups and their donors
When
This rule takes effect on December 1, 2026.
- : Published in the Federal Register
- : This rule takes effect
- : States must file their advance election to take part; Donations to certified scholarship groups can earn the credit
- : States must submit their list of certified groups
Official text
FR Doc. 2026-20264: Federal Scholarship Tax Credit
On Federal Register. The official text is what counts; read it before you act.
Not legal advice. Plain-English summaries to help you find what changes and when. Not legal advice: read the official text, and ask a lawyer about your situation.