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Internal Revenue Service issues regulations for Education Freedom Tax Credit

On Oct. 2, the Internal Revenue Service (IRS) issued regulations that determine how the Education Freedom Tax Credit (EFTC) will run and, in turn, how many states participate. The EFTC — also known as the Federal Scholarship Tax Credit (FSTC), or IRS Section 25F — will allow individuals to receive federal tax credits for donations […]

Sources (1)· Oct 7, 2:47 PM

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