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Arizona Tax Credit Guide 2024-25 — Tucson Area Edition
Arizona Tax Credit Guide 2024-25 — Tucson Area Edition, page 32
Arizona Tax Credit Guide 2024-25 — Tucson Area Edition, page 33

Public & Charter Schools | $200 per Individual / $400 per Married Couple BASIS CHARTER SCHOOLS BASIS Charter Schools are tuition-free public charter schools. With our accelerated curriculum, well-balanced variety of courses, and strong student support system, we empower students to achieve at globally competitive levels. Your donation will be used to benefit extracurricular programs at BASIS Charter Schools, allowing students more opportunities to learn and grow. We believe that extracurricular programs are essential to a well-rounded school experience. By donating to our schools, you are supporting students’ interests outside the classroom in areas such as athletics, fine arts, student clubs, social-emotional programs, field trips and more. enrollBASIS.com 32 FRONTDOORS MEDIA | TAX CREDIT GIVING GUIDE Don’t forget to fill out the Worksheet on the back cover before you meet with your tax adviser! MY 2024 ARIZONA TAX LIABILITY 2024/25 TAX CREDIT DONATION WORKSHEET $ AMOUNT ORGANIZATION(S) 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 Private School Tuition Organization IF you give to Private School Tuition Organization, you may ALSO donate to: School Tuition Organization Public & Charter Schools Qualified Foster Care Organization TAX CREDITS $ $ $ $ $ Filing single: $200 Married filing jointly: $400 Filing single: $731 Married filing jointly: $1,459 Filing single: $728 Married filing jointly: $1,451 Filing single: $587 Married filing jointly: $1,173 Filing single: $470 Married filing jointly: $938

School Tuition Organization $728 per Individual / $1,451 per Married Couple Arizona Department of Revenue Form 323 & Form 348 Required Private School Tuition $731 per Individual / $1,459 per Married Couple 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! HOW DO PRIVATE SCHOOL TUITION AND SCHOOL TUITION ORGANIZATION TAX CREDITS WORK? 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. 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.