Raise money for your team! Through the Arizona Tax Credit Program donors can direct their donations to benefit a specific extracurricular activity, club or sports team, or donations can go to general educational enrichment or educational field trips. If your team is recognized by your school then you may be eligible to benefit from this program and use these contributions to fund critical expenses associated with your activities (be sure to verify your status with your school).
Arizona taxpayers can claim up to $200 as individuals or $400 as married filing jointly on their taxes for this credit.
What Is It?
Arizona taxpayers can contribute up to $200 per single taxpayer or $400 per household filing jointly to the Arizona school or schools of their choice and receive a dollar-for-dollar reduction in their tax liability on their Arizona state tax return. For details, visit Arizona Department of Revenue.
How Does It Work?
How many times can I make a School Tax Credit donation?
Donors can contribute the maximum amount allowed, which is $200 per single taxpayer or $400 per household in one lump sum or in smaller installments throughout the tax year.
Do I have to have a child in an Arizona school in order to take advantage of the Arizona School Tax Credit?
No. Any Arizona taxpayer can utilize the school tax credit for the benefit of any Arizona Public School.
How do I claim the School Tax Credit?
You can claim the tax credit when filing your Arizona State Tax Return. Those filing a paper return should use Form 322.
Can I claim the School Tax Credit on my Federal Income Taxes?
In some cases, yes, the school tax credit may count as a charitable contribution. To be sure about your individual situation, consult your tax professional.
For questions regarding school tax credits, visit the Arizona Department of Revenue. For questions regarding your individual tax situation, please consult a tax preparation professional.