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It is more to share information and to clarify what the tax experts have posted, which is conflicting information. This is not a taxable grant. The Parental Choice Tax Credit (PCTC) is not a tax refund. It is not income. This is a tax credit, paid to the school, not to the individual. I contacted the Oklahoma Tax Commission, and they confirmed to me that this is NOT reportable on my state income tax. I also fail to see where this would ever be reportable on a Federal return, even if you did itemize.
March 22, 2025
9:56 AM