If you pay Georgia income taxes, you are eligible to receive a 2019 tax credit for contributing to your designated rural hospital organization as follows:
- Individual Filer – 100% of the amount contributed, up to a limit of $5,000
- Married Filing Jointly – 100% of the amount contributed, up to a limit of $10,000
- Pass-Through Entity – 100% of the amount contributed, up to a limit of $10,000, so long as they would have paid Georgia income tax in that amount on their share of taxable income from the pass-through entity
- C Corporation or Trust – 100% of the amount contributed or 75% of the corporation or trust’s Georgia income tax liability, whichever is less
After June 30 of 2019, for so long as a portion of the $60 million cap on RHO tax credits is available, taxpayers may make unlimited contributions to RHOs for a corresponding 100% Georgia income tax credit. If the cap is not yet met, Georgia HEART will begin accepting applications for the unlimited contribution amounts beginning May 15, 2019.