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Trump's Education Tax Credit Is Here: Donors Could Claim Up To $1,700 for K-12 Scholarships, Treasury Sees $26 Billion in Annual Donations by 2030

Oct 2, 2026 · 04:38 AM ET· updated 42m ago
Trump's Education Tax Credit Is Here: Donors Could Claim Up To $1,700 for K-12 Scholarships, Treasury Sees $26 Billion in Annual Donations by 2030

New federal K-12 tax credit offers up to $1,700, with Treasury projecting $26 billion in annual contributions by 2030.

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Why It Matters

The government created a new tax break for people who donate to school scholarships. This might affect education companies and show what Congress thinks matters for schools.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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