The Parental Choice Tax Credit program provides a refundable income tax credit of $5,000-$7,500 for eligible Oklahoma Taxpayers who pay, or expect to pay, qualified expenses such as tuition and fees to an eligible private school on behalf of an eligible student that attends or plans to attend an eligible private school during that tax year.
Pursuant to new legislation, students who attended an accredited private school physically located in Oklahoma and were approved and received the credit for Fall 2024 will automatically be approved for the Spring 2025 semester without having to reapply. The credit amount payable for Spring 2025 will be based upon the Fall 2024 installment disbursement payment amount.
Please note, the automatic approval and payment is for the Spring 2025 semester only. Any taxpayer wishing to participate in the program for the 2025-2026 school year must reapply when applications open on February 18, 2025.
