“A New Era of Opportunity: Your Voice Can Shape the Future of Education!” 🌟
THE PRESS CENTER | BREAKING NEWS | IRS
NOVEMBER 29, 2025
IR-2025-115, Nov. 25, 2025 — WASHINGTON The Department of the Treasury and the Internal Revenue Service have taken a bold step forward with Notice 2025-70, opening the door to a groundbreaking tax credit designed to uplift families and expand educational access. This initiative, born from the One, Big, Beautiful Bill, is more than policy — it’s a promise of empowerment for students from low- and middle-income households across America.
✨ What This Means for You
- Starting January 1, 2027, individual taxpayers will be able to claim a nonrefundable federal tax credit of up to $1,700 for cash contributions made to Scholarship Granting Organizations (SGOs).
- These SGOs provide scholarships to help elementary and secondary school students thrive, ensuring that financial barriers do not stand in the way of a child’s education.
- Important clarity: This credit is nonrefundable, meaning it can reduce your tax liability but will not generate a refund if your liability is less than the credit amount.
🏛 How States Participate
- For contributions to qualify, States (or the District of Columbia) must formally opt in by submitting to the IRS a list of SGOs that meet the statutory requirements.
- Each participating State must annually certify that its SGOs continue to meet these standards.
- States must also establish policies and procedures to guarantee accuracy and completeness in certification.
🔍 Key Issues Open for Public Comment
Treasury and the IRS are inviting your voice to help shape the regulations. They are seeking input on:
- How States certify SGOs each year.
- Policies ensuring certifications are accurate and complete.
- How SGOs that operate across multiple States or under unique structures should qualify.
- Reporting and recordkeeping requirements for SGOs.
📢 Your Chance to Be Heard
This is not just an announcement — it’s a call to action. You have the power to influence how this credit is implemented. Comments are welcomed until December 26, 2025.
- Submit electronically: Use the Federal e-Rulemaking portal and reference “IRS-2025-0466.”
- Submit by mail: Internal Revenue Service CC:PA:01:PR (Notice 2025-70) Room 5503, P.O. Box 7604 Ben Franklin Station Washington, DC 20044
🌍 Why This Matters
This credit is more than numbers on a tax form. It is a commitment to equity, opportunity, and empowerment. By supporting SGOs, you are helping children unlock doors to brighter futures, stronger communities, and limitless potential.
For more details, visit the One, Big, Beautiful Bill provisions page on IRS.gov..
SOURCE CREDIT: WWW.IRS.GOV/NEWSROOM
