Nevada Educational Choice Scholarship Program Update as of November 16, 2022
Revised Statute ("NRS") 363B.119 states that
any taxpayer who is required to pay a tax pursuant to NRS
363A.130 and 363B.110 may receive a credit against the tax otherwise
due for any donation of money made by the taxpayer to an approved Scholarship
Grant Organization (“SGO”) by the Nevada Department of Education.
in donating to an SGO should contact the Department of Education to obtain a
current list of approved organizations. This list can also be found at the
following website: http://www.doe.nv.gov/Private_Schools/Nevada_Choice_Scholarship_Program/
applications sent by an approved SGO must be authorized by the Department of
Taxation (“Department”). All Taxpayer approved donation credit
notices and returns MUST be sent to the Carson City address for posting.
For Fiscal Year (“FY”) 2023, the maximum amount of donations per
NRS 363A.139 and NRS 363B.119 was $6,655,000.00. The Department received 26
donations in the amount of $6,655,000,00. The remaining amount available for
application is $0.
FY 2021 and 2022, an additional amount approved per NRS 363A.139 and NRS
363B.119 was $4,745,000.00. FY 2021 was exhausted.
FY 2022, the Department received 32 donations in the amount of $4,745,000.00. FY
2022 is now exhausted.
The total remaining balance available for application until next
FY is $0. If any funds are forfeited, they will be offered to the last SGO that
received a partial approval.
IMPORTANT NOTE: You may email, mail, or hand deliver all applications to the
following address no sooner than June 15, 2023. Applications are accepted in
the order received. Approval letters will be sent at the start of the new FY.
Nevada Department of Taxation
ATTN: MBT Nevada Educational Choice
1550 College Pkwy Ste 115
Carson City, NV 89701
Email to: firstname.lastname@example.org