Who Is Eligible For Tax Credits
Individuals Individuals and couples who pay Arizona taxes may participate. You do not have to have a child enrolled in school to claim the credit. So encourage all your Arizona family and friends to support our school and get a dollar-for-dollar refund for their generosity.
It is always best to consult a tax adviser to see if you qualify for this dollar-for-dollar credit.
|These donations support our schoolextracurricular activitiesincluding sports, clubs and music.Your help means a lot to the kids,and we all thank you for your donation.|
When To Make Tax Credit Donations
Tax Credit donations are accepted throughout the year. Donations received on or before December 31st will be eligible for a tax credit for this year’s taxes.
How Tax Credits Work
Arizona taxpayers may write a check or make a contribution via credit card on the school website. Contributions must be made before December 31st. When you file your Arizona state taxes, the amount of your contribution is subtracted from what you owe or added to the amount of your refund. For example:
- If you owe $700 in Arizona state taxes and make a $400 contribution to our school, you subtract $400 from the taxes you owe – so you now owe $300.
- If you are expecting a $600 refund on your Arizona state taxes and make a $400 contribution to our school, you add $400 to the amount of your refund – so your new refund will be $1,000.
|Making tax credit donations islike paying your taxes directlyto our school!|
- You were injured and only worked a few weeks during the year, so your state tax liability was $50. You made a $200 tax credit donation. You can use $50 to pay the current year taxes, and carry over $150 in tax credits to be used next year.
Amounts Available For Tax Credits
Couples filing joint tax returns may donate any amount up to $400; individuals filing single and head of household may donate up to $200. Married taxpayers filing separately can claim up to $200 on each return. Corporations and business are not eligible for these tax credits.
|Support our school and get a dollar-for-dollarrefund. There's no downside!|
Making A Tax Credit Donation Is Easy
Simply download and fill out this form and return it to the school office or mail it, along with your payment, before the end of the year.
Tax credit forms and online credit card payment options are also available on the “Support Us” page of each school website:
We Put These Donations To Good Use
Tax credit donations are used for many things. Recently, our schools have purchased sports equipment for school teams, paid referee fees, purchased music, paid coaches, purchased games and art supplies for after school programs, purchased materials for after school clubs, and funded intramural and state-wide competition costs. With your help, we have been able to expand the extracurricular opportunities for our students, and they appreciate it.
Arizona Department of Revenue
For more information the Arizona Department of Revenue has prepared a brochure on School Tax Credits. Click below to view the brochure or to link directly to the Arizona Department of Revenue: