Be All in for Kids, and Keep Your Tax Dollars in Newton County
Newton County taxpayers can redirect a portion of their Georgia income taxes to the Newton Education Foundation to support Newton County Schools by taking advantage of the PEACH Education Tax Credit. This program, an initiative of the Georgia Foundation for Public Education, has been funded by the legislature with $15 million for the entire state, which is being distributed on a first come, first served basis. So act now.
Tax Credit Limits Based on Filing Status
- A single individual or head of household is eligible to receive a Georgia state income tax credit up to $2,500.
- For married couples that file separately, you are eligible to receive a Georgia state income tax credit up to $2.500.
- A married couple filing jointly is eligible to receive a Georgia state income tax credit up to $5,000.
- An S-corporation shareholder, LLC member or partnership partner is eligible to receive a Georgia state income tax credit up to $25,000.
- A C-corporation or trust is eligible to receive up to 75% of annual Georgia income tax liability.
What is a 1: 1 Tax Credit?
A 1:1 tax credit is a dollar-for-dollar reduction of the amount of tax you owe. For every dollar of credit you apply for (and send to Newton Education Foundation), your final tax bill is reduced by one dollar.
What is the Peach Education Tax Credit?
Georgia allows individuals and businesses to contribute to a local public school system (that has been pre-approved) and receive a dollar-for-dollar state tax credit in return. For every dollar you direct to Newton County Schools, your GA tax bill is reduced by a dollar.
Does this cost me anything?
No. Since your state tax bill is reduced by the amount you “give” to a school system, the tax credit brings money to Newton Education Foundation for NCS without costing the taxpayer anything.
Is there a catch?
No catch but you do have to pre-pay for your tax credits within 60 days of your application approval approval and your bill is reduced when you file your taxes (April 15 or at whatever date you pay).
How to Take Advantage of the Peach Education Tax Credit:
- Apply Now
Complete your 2025 PEACH Education Tax Credit application today or before the 12/31/25 deadline (it takes less than a minute) and designate Newton Education Foundation on the drop down menu. The Georgia Foundation for Public Education (GFPE) will submit your application to the Georgia Department of Revenue (DOR) on your behalf. - Receive Approval
Georgia Foundation for Public Education and the Department of Revenue will notify you of your approved tax credit amount and payment deadline to take part in PEACH. You can expect to receive your approval via email and mail about 7-10 days after you submit your application. - Send Funds to the GA Foundation for Public Education
Once you receive your approval, submit your payment to the Georgia Foundation for Public Education, following the directions that come with your approval letter, within 60 days. - Keep your receipt
Within one week of receiving your funds, the Georgia Foundation for Public Education will send you the Form IT-QED-FUND1, which serves as your receipt for the funds. - Claim your Tax Credit
To claim the tax credit on your state income taxes, you will need to use the information on the Form IT-QED-FUND1 or provide it to whoever does your tax return (Note: you will take the credit when you file your 2025 taxes in early 2026). This is an easy way to support students in Newton County with funds you are already required to pay the government, so it costs you nothing! If you have any questions, please contact Gail Rothman gail@newtoneducationfoundation.org or contact the Georgia Foundation for Public Education at 678-590-7047 or kjordan@doe.k12.ga.us.
Submit Your 2025 Tax Credit Application
The Newton Education Foundation puts community resources to work in Newton County Schools for our kids so they can achieve academic and personal success. We do this by providing funds that help our schools remove obstacles, provide great educational opportunities that deepen learning and support teachers in meeting the learning needs of all kids.
Our approved projects that will be funded by your Peach Tax Credit include:
- Structured literacy teacher training: 150 teachers and administrators at six Newton County schools will be trained, impacting thousands of children in the coming years.
- Opportunity Fund: Grants for students from low-income families to participate in educational enrichment activities that would otherwise be out of reach.
- Workforce Development Framework implementation across Newton County Schools.