Georgia Rural Hospital Tax Credit Program
The Georgia Rural Hospital Tax Credit Program is a remarkable and great opportunity to financially support Piedmont McDuffie at no cost. Help improve health care in our community by contributing to Piedmont McDuffie through the Georgia Rural Hospital Tax Credit opportunity!
The Georgia General Assembly passed legislation that enables Georgia taxpayers to receive a state income tax CREDIT for 100% of the amount they contribute to qualified rural hospital organizations (up to the limits set forth below). The program has a cap of $75 million in available tax credits per year.
If you pay Georgia income taxes, you are eligible to receive a 100% state income tax credit for contributing to Piedmont McDuffie, as follows:
- From January 1 through June 30 of each taxable year, taxpayers are eligible to contribute up to $5,000 for individuals, $10,000 for married couples, and $10,000 for pass-through owners.
- On July 1 of each year, limits for individuals and married couples filing jointly are waived. This means you can contribute as much as you would like, so long as you have the tax liability to support the contribution!
- On July 1 of each year, limits for pass-through entity owners are waived. This means you can contribute as much as you would like, so long as you have the tax liability – related to your pass-through ownership – to support the contribution!
- At any time during the year, a “C” Corporation or trust shall be allowed a 100% Georgia income tax credit for contributions to Piedmont McDuffie equal to the amount of the contribution, or 75% of the corporation or trust’s income tax liability, whichever is less.
In order to make it even easier to participate in the program, we have partnered with Georgia HEART to assist in filing the required forms and credit requests.
Follow these easy steps to sign up to contribute to your 100% tax credit:
- Complete and submit your 2023 HEART Tax Credit Form on the Georgia Heart website. Make sure to select Piedmont McDuffie.
- Georgia HEART will submit your tax credit pre-approval form on your behalf to the Georgia Department of Revenue (DOR) in the order in which it is received.
- Within 180 days of receiving DOR tax credit pre-approval, or by December 31, 2024, whichever comes first, send a check made payable to Piedmont McDuffie to Georgia HEART for deposit to the hospital’s account.
- Georgia HEART will report your contribution to the DOR on your behalf and will send you a tax receipt.
- You will claim the credit when you file your 2024 tax return.
Your contribution will increase our hospital funding and our ability to provide for the health care of individuals in our community!
For more information about the Georgia Rural Hospital tax credit program and our partner Georgia HEART, please visit the Georgia Heart website or contact the Georgia HEART staff at heart@georgiaheart.org.
For more information about Piedmont McDuffie and the Piedmont Healthcare Foundation, please call 404-605-2130.