IRS: More Than Half of States Have Joined the New $1,700 Federal Scholarship Tax Credit
The College Investor | 11.06.2026 15:46
The IRS says 27 states have elected to participate in the new Federal Scholarship Tax Credit (FSTC), the federal school-choice credit created under the One Big Beautiful Bill. The program lets taxpayers claim a credit of up to $1,700 for donations to approved scholarship organizations starting in 2027. This tax credit is also known as the Education Freedom Tax Credit.
