Archive for June 6th, 2017:

help a rural hospital, save on state income tax

Written on June 6th, 2017 by Jamesno shouts

There is a rural health crisis in Georgia and many rural hospitals are facing severe demographic, industry, and financial challenges. Now, you can pay your 2017 Georgia income taxes with a contribution to a qualified rural hospital, improving access to health care for their fellow Georgians.

A summary of the key features of SB 180 include:

·         90% of each contribution qualifies for an offsetting tax credit

·         A maximum credit of $5,000 for individuals and $10,000 for married couples

·         For AMT taxpayers, contributing may save them money

·         The tax credit pre-approval submission process takes less than two minutes

Learn more at http://www.georgiaheart.org/.

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