2019 Tax Credits Available for Alabama Taxpayers

At midnight on January 1, 2019, $30 million dollar-for-dollar Alabama income tax credits are available to Alabama taxpayers who wish to support low-income children in our state. These credits are available on a first come, first served basis. We do not expect the credits to last long. Please be prepared to reserve them as you ring in 2019!

Individuals may donate up to one half of their annual Alabama income tax liability and receive a dollar-for-dollar credit. Individuals donations are capped at $50,0000.

How it works


1. Estimate your donation.

Taxpayers estimate their 2019 Alabama income tax liability. If you overestimate and your donation exceeds your 2019 liability, you may carry your credits forward up to 3 years.

2. Reserve your tax credits.

Report your donation to the state through your My Alabama Taxes Account. Don’t have an account? 

Here are step-by-step instructions:

Account Instructions

3. Make your donation.

You have 30 days to remit payment to AOSF.

You may pay online or mail a check to:

Alabama Opportunity Scholarship Fund
PO Box 59188
Birmingham, AL 35259

Make Online Payment

4. Get your state tax credit and federal charitable contribution deduction.

Once AOSF receives your payment, your donation will be verified with the state. This will automatically generate a receipt to your “Correspondence” folder in your My Alabama Taxes Account. AOSF will mail you a receipt for federal tax purposes.


Yes. Please send me information about how to reserve my tax credits to support scholarships for Alabama k-12 students.


C corporations, S corporations, LLCs, partnerships, and pass through entities may participate.
Please consult your tax adviser.

Complete the form and submit.


Ending a Cycle

Too often children are not learning the basic skills to succeed. “Only 31% of Alabama’s fourth graders were proficient readers in 2013, and their math scores ranked 50th in the nation,” according to the National Assessment of Educational Progress.

AOSF’s mission is to break down the educational barriers of poverty and zip code by providing K-12 scholarships.

Industries need a diverse and trainable workforce to thrive and expand. When the Business Council of Alabama recently surveyed its membership, results indicated the number one obstacle to private sector growth and expansion in Alabama is the availability of skilled workers.

Although half of AOSF’s graduates plan to attend a four year college, 35% will potentially enter Alabama’s workforce. AOSF is seeking partners who will donate a portion of their Alabama income tax liability. Through those donations, partners help us equip our graduates for their chosen vocations through dual enrollment and other trainings and certifications. Working together, we can help grow a skilled workforce in the Alabama communities that need it most, while providing graduates employment options in their hometowns.

By partnering with AOSF and donating a portion of your tax liability, you will receive a dollar-for-dollar tax credit. And, together we can help insure a prosperous future for thousands of Alabama’s most at-risk students.

CPA Classes

LUNCH AND LEARN WITH AOSF

Presented by the Alabama Opportunity Scholarship Fund, the Alabama Accountability Act (AAA) Course focuses on the AAA legislation, taxpayers’ benefits, scholarship granting organizations, and how to claim dollar-for-dollar tax credits.

Learn how to claim up to $30 in dollar-for-dollar state tax credits for your clients as they support–at no cost to them–thousands of Alabama’s most at-risk children.

Let’s get started!

  1. Schedule your firm’s Lunch & Learn.
  2. Earn two (2) CPE credit hours.
  3. We bring lunch.
  4. It’s FREE.

Contact Bri Jackson by email or call 205.206.7803.

"Donating to AOSF is a win-win for many Alabama taxpayers and some extraordinary children. I encourage all my friends to consider supporting these students. It’s really a no-brainer. And I encourage them not to wait until year-end but consider donating right now."

– Bruce Ely, Bradley

CPA Classes

LUNCH AND LEARN WITH AOSF

Presented by the Alabama Opportunity Scholarship Fund, the Alabama Accountability Act (AAA) Course focuses on the AAA legislation, taxpayers’ benefits, scholarship granting organizations, and how to claim dollar-for-dollar tax credits.

Learn how to claim up to $30 in dollar-for-dollar state tax credits for your clients as they support–at no cost to them–thousands of Alabama’s most at-risk children.

Let's Get Started!

  • 1. Schedule your firm's Lunch & Learn.
  • 2. Earn two (2) CPE credit hours.
  • 3. We bring lunch.
  • 4. It's FREE.

For more information please contact, Bri Jackson:
bjackson@alabamascholarshipfund.org
or call: (205) 206-7803.

AOSF Services for CPAs

Lunch and Learn for your clients

  • AOSF will come to you and educate your clients on the tax benefits of donating to AOSF through the Alabama Accountability Act.
  • Lunch is provided.
  • Includes:
    • Detailed information on the AAA legislation
    • Demonstration of the donation process
    • Materials for distribution to clients.

Webinar for your clients

  • AOSF will educate your clients remotely on the tax benefits of donating to AOSF through the Alabama Accountability Act.
  • Includes:
    • Detailed information on the AAA legislation
    • Demonstration of the donation process
    • Digitized materials for distribution to clients

Sponsored content for your clients

  • AOSF will provide content and materials for emails and mailings to clients.
  • Includes: 
    • Detailed (hard copy and digitized) information and materials to distribute to clients; material costs and postage paid for by AOSF.

"Donating to AOSF is a win-win for many Alabama taxpayers and some extraordinary children. I encourage all my friends to consider supporting these students. It’s really a no-brainer. And I encourage them not to wait until year-end but consider donating right now."

– Bruce Ely, Bradley

Questions


General Questions

Application Questions

Application Questions