What readers need to know about private school tax credits

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about private school tax credits

  • Parents with income below $150,000 annually have until February 1 to apply for priority consideration for the private school tuition tax credits.
What are the private school tax credits? The Parental Choice Tax Credit offers Oklahoma families a refundable tax credit of $5,000-$7,500 for private school tuition and fees. If parents or guardians will pay, or expect to pay, for a child’s private school this year, they can apply for the credit. Though it’s called a refundable tax credit, it functions like a voucher because families can…

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