Education Freedom Tax Credit

What's My Real Out-of-Pocket Cost?

Enter your income and see exactly how a dollar-for-dollar federal tax credit reduces your actual tax bill — with estimated 2027 tax bracket math.

Your Personalized Tax Scenario

We estimate your federal income tax from your AGI using estimated 2027 tax brackets, then show you exactly how the Education Freedom Tax Credit applies.

Your Information

Max credit: $1,700 (single)
$
Your total income minus above-the-line deductions (Form 1040, line 11)
$
Up to $1,700 earns the full credit (single filer)
children
$2,200 CTC per child; up to $1,700 refundable per child via ACTC

Your Tax Scenario

✓ Full Credit

How We Estimated Your Federal Tax

Without Accord Kids
With Accord Kids
Your net 2027 out-of-pocket cost (unused portion of the tax credit)
$0
after the federal tax credit is applied to your donation
$0
credit applied
in 2027
Illustrative purposes only — not tax advice. This calculator uses estimated 2027 federal tax brackets and the standard deduction. Unused EFTC credits may be carried forward for up to 5 years. It does not account for credits, AMT, NIIT, self-employment tax, deduction phase-outs, or other adjustments that affect your actual liability. The Education Freedom Tax Credit is nonrefundable and cannot exceed your total tax owed. Consult a qualified tax professional. Contributions to Accord Kids open January 1, 2027.
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Common Income Scenarios

Click any example to populate the calculator above.