8 FRONTDOORS MEDIA | TAX CREDIT GIVING GUIDE The deadline is Tax Day annually to make these contributions and submit your forms to get your tax credit when you file. BY GIVING TO ALL FOUR CATEGORIES QUALIFIED FOSTER CARE ORGANIZATION TAX CREDIT $ 1,000 Married Couples Per Individual $ 500 Example: Mr. & Mrs. Smith give $500 to two Qualified Foster Care organizations or give $1,000 to one organization. TAX CREDIT OPPORTUNITY 1 MAXIMIZE THE ARIZONA QUALIFIED CHARITABLE ORGANIZATION TAX CREDIT Example: Mr. & Mrs. Smith give $800 to one organization or give $200 to four Qualified Organizations. Married Couples Per Individual $ 800 $ 400 2 PUBLIC EDUCATION TAX CREDITS PRIVATE EDUCATION TAX CREDITS $ 400 $ 2,435 Public School Tuition Organizations Private School Tuition Organizations Married Couples Married Couples Per Individual Per Individual $ 200 $ 1,219 3 4 Mr. & Mrs. Smith have tax liability of $5,000 and donated the maximum combined amount to all tax credits of $4,565 on their Arizona tax returns. They now receive a credit of $4,565 and their tax liability is $435. No catch, dollar-for-dollar assistance to their favorite organizations or schools. Married Couples $1,000 $800 $400 $2,435 $4,635 Per Individual $500 $400 $200 $1,219 $2,319 MAX OUT THE TAX CREDITS

TAX CREDIT GIVING GUIDE | FRONTDOORS MEDIA 9 Tax Credit Contributions BOOST ARIZONA NONPROFITS, BENEFIT RESIDENTS By Tom Evans T he past couple of years have been transformative and difficult for the nonprofit community. But there’s one program that has helped them weather the storm. More nonprofits than ever are relying on tax credit contributions, which provide donations to nonprofits while giving donors a break on state income taxes. The state of Arizona offers an opportunity to receive a dollar-for-dollar credit on your state income taxes when you donate to qualified organizations in five categories: 1 Arizona Qualifying Charitable Organizations , which provide basic needs to qualifying low-income families and individuals, the chronically ill and disabled. Limits are $400 for individuals and $800 for married couples. 2 Qualifying Foster Care Organizations , with limits of $500 for individuals and $1,000 for married couples. 3 Public School Tax Credit Organizations , with limits of $200 and $400. 4 Private School Tuition Organizations for Individuals , with limits of $1,219 for individuals and $2,435 for married couples. These limits are the combined maximum contributions under the original law passed in 1997 and the expansion of the law passed in 2012. 5 Private School Tuition Organizations for Corporations . According to Barrie Petty, executive director of the Arizona Private Education Scholarship Fund, C-Corporations, S-Corporations, LLCs and Insurance companies can qualify for two types of