59-7-625. Nonrefundable tax credit for a donation to the Carson Smith Opportunity Scholarship Program.
(1) A taxpayer that makes a donation to the Carson Smith Opportunity Scholarship Program established in Sectionmay claim a nonrefundable tax credit equal to 100% of the amount stated on a tax credit certificate issued in accordance with Section. 53E-7-402 53E-7-407
(2) A taxpayer may claim the tax credit described in Subsectionfor the taxable year indicated on the tax credit certificate issued in accordance with Section. (1) 53E-7-407
(3) A taxpayer may not claim the tax credit described in Subsectionfor a donation to the extent the taxpayer claims the donation as a deduction or credit against the taxpayer's federal income taxes for any taxable year. (1)