Frontdoors Media — Your Key to the Community
April 2018
April 2018, page 48
April 2018, page 49

APRIL 2018 48 | fffiffiflfiflfififififf fl 2017-18 Tax Credit Directory presented by It’s finally here, just in time for tax season! It’s our 2017-18 Tax Credit Directory, providing a key resource for Arizona residents looking to receive a dollar-for-dollar credit on their state income taxes while helping a broad spectrum of nonprofits. Our Tax Directory provides an overview of tax credits, how they work and why they are important, and includes listings from dozens of organizations across the tax credit categories. CLICK THIS LINK TO VIEW THE DIRECTORY!

APRIL 2018 | 49 Q: HOW TO MAXIMIZE THE TAX CREDIT OPPORTUNITY? A: GIVE TO ALL 4 CATEGORIES! 2017-18 Tax Credit Directory Mr. & Mrs. Smith owed $2,000 on their taxes, donated the maximum com - bined amount to all tax credits of $4,383 on their Arizona Tax Returns and will now receive a refund of $2,383. No catch, dollar for dollar assistance to your favorite organizations and schools. Deadline is April 17, 2018, Tax Day, to make these contributions and submit your forms to get your Tax Credit when you file. Arizona Qualified Charity Tax Credit / $400 per Individual or $800 per Couple Example - Mr. & Mrs. Smith give $800 to one organization or give $200 to 4 Qualified Organizations Foster Care Tax Credit / $500 per Individual or $1,000 per Couple Example - Mr. & Mrs. Smith give $500 to 2 Qualified Foster Care orga - nizations or give $1,000 to one organization Public Schools Tax Credit / $200 per person or $400 per couple Private School Tuition Organizations / $1,089 per person or $2,177 per couple 1 2 3 4