NOTICE: A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of donor recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent. 72 FRONTDOORS MEDIA | TAX CREDIT GIVING GUIDE HOW DO THE EDUCATION TAX CREDITS WORK? PRIVATE SCHOOL TUITION AND SCHOOL TUITION ORGANIZATION TAX CREDITS Per the Arizona Department of Revenue, an individual may claim a nonrefundable tax credit for contributions to Arizona State Certified Private School Tuition Organizations that provide tuition scholarships to students attending K-12 Arizona private schools. Individual taxpayers (single, head of household and married filing separately) will claim the first $731 of their donations on Form 323. Once that contribution is made, taxpayers are eligible to also give to the School Tuition Organization Tax Credit, up to $728 for individuals, using form 348. Married taxpayers filing jointly will claim the first $1,459 of their donations on Form 323. Once that contribution is made, married taxpayers may claim the School Tuition Organization Tax Credit for another $1,451 on Form 348. Arizona corporations and insurance companies who pay premium taxes in Arizona are also eligible to make School Tuition Organization Tax Credit donations. Contact your preferred School Tuition Organization for more information. REMINDER! Use the Tax Credit Worksheet on the back cover to take notes and record the School Tuition Organization code for the schools you choose. You can choose more than one!

PRIVATE SCHOOL TUITION $731 per Individual $1,459 per Married Couple SCHOOL TUITION ORGANIZATION $728 per Individual $ 1,451 per Married Couple Arizona Department of Revenue Form 323 & Form 348 Required TAX CREDIT GIVING GUIDE | FRONTDOORS MEDIA 73