What exactly do
Tax Credits
Mean to Us?
Tax credits are amazing gifts that arrive all year long. Arizona residents are able to contribute up to $421 for an individual ($841 for those married filing jointly), which provides a dollar-for-dollar reduction in your state tax liability. Still not sure? Keep reading.
What is a Tax Credit?
A tax credit is a dollar-for-dollar reduction of your income. For example, if your total tax on your return is $841, you are eligible for a $841 tax credit, and your net liability drops to zero.
What if I Already Gave a Tax Credit to My Child's School?
That's okay! In Arizona, you can contribute tax credits in up to four different ways and they are mutually exclusive, which means you can spread the love even more!
How Much Can I Give?
The maximum credit that can be claimed on the 2023 Arizona return for donations made to qualifying organizations is $421 for single, married filing separate or head of household taxpayers, and $841 for married filing joint taxpayers.
What Do I Need to Do?
Click the button below to pay online, or print and mail the form with your check. We will send you a receipt, which you give to your tax professional, and *POOF* that's it! It really is that easy!
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