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Arizona Tax Credit Guide 2024-25 — Maricopa County Edition
Arizona Tax Credit Guide 2024-25 — Maricopa County Edition, page 8
Arizona Tax Credit Guide 2024-25 — Maricopa County Edition, page 9

QUALIFIED CHARITABLE ORGANIZATION $ 938 MARRIED COUPLES PER INDIVIDUAL $ 470 2024 TAX CREDITS Tax Form 321 Code QCO QUALIFIED FOSTER CARE ORGANIZATION $ 1,173 $ 587 Tax Form 352 Code QFCO PUBLIC & CHARTER SCHOOLS $ 400 $ 200 Tax Form 322 Code PSTC PRIVATE SCHOOL TUITION ORGANIZATION IF you give to Private School Tuition Organization, you may ALSO donate to: SCHOOL TUITION ORGANIZATION $ 1,459 $ 1,451 $ 731 $ 728 Tax Form 323 Tax Form 348 Code STO Code STO \ $ 2,716 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 $6,000 and donated the maximum combined amount to all tax credits of $5,421 on their Arizona tax returns. They now receive a credit of $5,421 and their tax liability is $579. No catch, dollar-for-dollar assistance to their favorite organizations or schools. MAX OUT THE TAX CREDITS $ 5,421

TAX CREDIT GIVING GUIDE | FRONTDOORS MEDIA 7 Tax Credit Contributions CONTINUE TO BOOST ARIZONA NONPROFITS By Tom Evans T ax credit contributions — donations that provide revenue to nonprofits while giving donors a break on state income taxes — continue to be the fuel that powers many Arizona nonprofits and helps them achieve their missions. Tax credit contributions continue to be a vital funding source for many Arizona nonprofits — and an excellent way for Arizona residents to make a tangible difference in their communities. Arizona law allows taxpayers to donate to a qualified charity or tuition organization and get a dollar-for- dollar reduction on state income taxes. Over time, these contributions have become increasingly popular for residents and beneficial for nonprofits. Photo courtesy of St. Vincent de Paul