HELENA — Ahead of School Choice Week, Governor Greg Gianforte announced that Montana has opted in to the new federal tax credit scholarship program, providing Montanans with a tax credit when they donate to nonprofits that offer scholarships to K-12 students.
Montanans can claim a nonrefundable federal tax credit of up to $1,700 for contributions to an approved scholarship-granting organization that funds K-12 scholarships, effective January 1, 2027.
Scholarship recipients can use the funds for tuition, books, room and board, tutoring, computers, and other approved education-related expenses that help families meet their children’s needs.
The credit equals the donation amount, up to $200,000 per taxpayer, and is available until the statewide annual cap is reached.
