TAX CREDIT GIVING GUIDE | FRONTDOORS MEDIA 30 HOW DO THE EDUCATION TAX CREDITS WORK? Per the Arizona Department of Revenue, an individual may claim a nonrefundable tax credit for making contributions or paying fees directly to a public school in this state for support of eligible activities, programs or purposes as defined by statute. An update for 2023-24: For the purpose of claiming Arizona’s tax credit for contributions made or certain fees paid to a public school, the Arizona Department of Revenue now requires taxpayers to report the school’s nine-digit CTDS number on Form 322, which is included with the Arizona income tax return. CTDS stands for County code, Type code, and District code & Site number. All Arizona public and charter schools qualify for this credit. PUBLIC SCHOOL TAX CREDITS REMINDER! Use the Tax Credit Worksheet on the last page to take notes and record the code for the schools you choose. You can choose more than one! 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 $655 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 $652 for individuals, using form 348. Married taxpayers filing jointly will claim the first $1,308 of their donations on Form 323. Once that contribution is made, married taxpayers may claim the School Tuition Organization Tax Credit for another $1,301 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. 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.

PUBLIC & CHARTER SCHOOLS $200 per Individual $400 per Married Couple Arizona Department of Revenue Form 322 Required TAX CREDIT GIVING GUIDE | FRONTDOORS MEDIA 31