Arizona Charitable Tax Credit

Thursday, 10 December 2009 11:45

The Arizona Charitable Tax Credit can help WithChild and reduce your state income tax.

In the state of Arizona you can designate tax dollars through the Arizona Charitable Tax Credit which reduces your state income tax, dollar for dollar. It is not a tax deduction, but a tax credit. A donation of any amount up to $200 per individual or $400 per couple will qualify you for a State income tax credit. This is not a deduction but rather a tax credit against taxes you may have already paid.

• The tax credit is available anyone who files Arizona taxes.
• There is no longer a baseline year requirement.
  
• The contribution must be received via Internet donation or postmarked (via US Post Office mail) by Dec. 31st.
• Arizona allows its citizens to designate how their tax dollars are spent. There are a total of 3 tax credits and taxpayers may utilize all of them - Working Poor, Private School, and Public School.

Make a difference in someone's life today by donating to help WithChild continue with their lifesaving ministry in 2010.

If you would like more information about the Arizona Charitable Tax Credit, ARS 43-1088 to find out more you may click here . You may also consult your tax advisor or call the Arizona Department of Revenue at (602) 255-3381.