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ARIZONA TAX CREDITS
New Clients receive a 10% discount
Public Schools
Available for payments made to public and charter schools. Single taxpayers may contribute $200 maximum, married taxpayers filling jointly $400. Fees paid to extracurricular activities (field trips, fine arts, sports teams) are qualified for this credit.
Even if you do not itemize deductions on your tax return, you are eligible for this credit. Donation must be in cash, credit, check or credit card. Donations of goods are not recognized for this credit, but can be eligible for Schedule A Form 1040. A receipt dated no later than December 31st is important documentation for this tax credit.
School Tuition Organizations
The maximum donation to private school tuition organizations for single taxpayers is $500 and $1,000 for married taxpayers filing jointly. Even if you do not itemize you deductions, you are still eligible.
Unlike public school contributions, you cannot designate funds for the benefit of a dependent. The donation can be made on behalf of a relative who is not your dependent. The Tax Credit webage provides further information. A receipt dated no later than December 31st is required.
Assistance to the Working Poor
The maximum amount for a single taxpayer is $200 and married taxpayers filing jointly is $400. there is a list of self-certified charitable organizations on the State Revenue webpage.
The only requirement in order to receive this credit is that you must itemize on your tax return.
Military Family Relief Fund
Available through 2012, there is a tax credit through the Arizona Military Family Relief Fund. The amount that can be claimed against your tax liability is $200 for single taxpayers and $400 for married. This tax credit, unlike others, cannot carry forward. More information can be found on this webpage.
