Frequently Asked Questions
What does the donor tax credit process look like?
|1||Initial Donation||A donor makes an initial donation to a School Tuition Organization (STO) with any applicable stipulations.|
|2||Verification of Donation||The Louisiana Department of Education (“LDE”) verifies the amount of each taxpayer’s donation spent on student scholarships.|
|3||Issue Donor Receipts||The LDE issue receipts to the STOs for the amount of the donation used on student scholarships. The STO will then distribute these receipts to their donors.|
|4||Donor Claims Credit on Return||The taxpayer submits this receipt and a completed rebate form to the (LDR). The LDR then issues a rebate check to the taxpayer.|
|5||Issue Donor Rebates||The taxpayer attaches this receipt when filing his income tax return. The taxpayer must have the receipt on or before the due date of the return in order to claim the credit for the preceding tax year.|