2 FRONTDOORS MEDIA | TAX CREDIT GIVING GUIDE don’t just dream it: do it. 480.315.1040 | eidebailly.com At Eide Bailly, we’re a business advisory and accounting firm, helping our clients embrace opportunities and bring innovation to an evolving business landscape. For years, we’ve worked closely with Arizona business owners and nonprofits whether they’re navigating compliance requirements, investing in technology or wondering what’s next. With specialty services like data analytics, cybersecurity, forensics, wealth planning, planned giving and more, we have the resources to help make even the biggest goals a reality.

TAX CREDIT GIVING GUIDE | FRONTDOORS MEDIA 3 LOOKING FOR AN ONLINE VERSION OF THIS GUIDE? Check out AZTaxCreditGuide.com and click on the digital version of this publication. All tax forms and tax credit listings include the organizations’ websites so that giving is just a click away. HOW TO USE THE ARIZONA TAX CREDIT GIVING GUIDE IF TAX CREDIT GIVING IS NEW TO YOU, start with the article on PAGE 10 . CUT OFF THE BACK COVER OF THE PUBLICATION to use the TAX CREDIT WORKSHEET as you are reviewing the list of organizations throughout the publication. YES, THERE ARE A LOT OF QUALIFIED CHARITABLE ORGANIZATIONS (QCOS) Check out the list of categories on PAGE 16 to help you find an organization that connects. QUESTIONS? We recommend taking this publication and your worksheet with you when you meet with your tax adviser! IF YOU’VE CLAIMED ONE OR TWO TAX CREDITS IN THE PAST, check out the “Maximize the Tax Credit Opportunity” on PAGE 9 for a quick review of the four credits available. QUALIFIED FOSTER CARE ORGANIZATION TA X C R E D I T S $ 1,000 $ 500 Example: Mr. & Mrs. Smith give $500 to two Qualified Foster Care organizations or give $1,000 to one organization. ARIZONA QUALIFIED CHARITABLE ORGANIZATION TA X C R E D I T S Example: Mr. & Mrs. Smith give $800 to one organization or give $200 to four Qualified Organizations. $ 800 Married Couples Per Individual $ 400 PUBLIC SCHOOL TA X C R E D I T S PRIVATE & CERTIFIED STUDENT TUITION ORGANIZATON TA X C R E D I T S $ 400 $ 2,483 $ 200 $ 1,243 Married Couples Per Individual Married Couples Per Individual Married Couples Per Individual 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 TAX CREDIT OPPORTUNITY MAXIMIZE THE Mr. & Mrs. Smith have tax liability of $5,000 and donated the maximum combined amount to all tax credits of $4,683 on their Arizona tax returns. They now receive a credit of $4,683 and their tax liability is $317. No catch, dollar-for-dollar assistance to their favorite organizations or schools. Married Couples $1,000 $800 $400 $2,483 $4,683 MAX OUT THE TAX CREDITS Per Individual $500 $400 $200 $1,243 $2,343 ✂ Arizona Tax Credit Giving Guide presented by My 2022 Arizona Tax Liability: $ _______________________________ 2022/23 TAX CREDIT DONATION WORKSHEET $ __________________ ________________ $ __________________ ________________ $ __________________ ________________ $ __________________ ________________ AMOUNT: ORGANIZATION: In the same year, you can take advantage of all four tax credits: the Qualified Charitable Tax Credit, the Qualified Foster Care Tax Credit, the Public School Tuition Tax Credit and the School Tuition Organization Tax Credits. To download and print this worksheet, go to aztaxcreditguide.com Cut here and take with you. Qualified Charitable Organization MAXIMUMS: Married filing jointly: $800 Filing single: $400 School Tuition Organization MAXIMUMS: Married filing jointly: $2,483 Filing single: $1,243 Public School MAXIMUMS: Married filing jointly: $400 Filing single: $200 Qualified Foster Care Organization MAXIMUMS: Married filing jointly: $1,000 Filing single: $500