The Georgia Department of Revenue (DOR) July 31 issued guidance regarding the 2019 qualified education expense tax credit for individual income and corporate income tax purposes. The DOR provided that the qualified education expense credit cap for the calendar year 2019 is $100,000,000. The DOR also provided information on: 1) Form IT-QEE-TP1 for the expense credit; 2) instructions for submitting the credit request for preapproval; and 3) credit limits for individual taxpayers, individual taxpayers who are members of a limited liability company, shareholders of a subchapter S corporation, or partners in a partnership, and corporate and fiduciary taxpayers. [Ga. Dep’t...