Arizona Donate for a Tax Credit

 

l) Original  Individual scholarship tax creditIndividuals may receive a tax credit of up to $593 and married couples may receive a credit of up to $1186 for donations to school tuition organizations (“STOs”). The STOs award scholarships to students whose parents have chosen to send them to a private school. Last year, this program provided over 25,000 scholarships to Arizona children.

2)  Switcher AKA Overflow/PLUS (Private Learning Uplifting Students) credit

This additional tax credit program was enacted in 2012. The switcher or overflow/PLUS credit allows individuals to receive credit for up to an additional $590 donation to a school tuition organization – combined with the original individual scholarship tax credit for a maximum total credit of $1179 for donations to an STO. Married couples filing jointly can take a credit for up to an additional $1186 donation – for a total credit of $2365.

More families can be helped, that need scholarships to enable them  to have Educational Choice.

 

Helpful Payroll Forms

 

2019 AZ Payroll Withholding Document 

Instructions for above Document

 

Click above to download the form for Employee to reduce state tax withholding in order to donate to ASK directly.

Arizona Tax credit Donation

AZ Tax Credit Donation - 2019-20

  • Maximum Tax Credit - 2020

    Maximum Tax Credit - 2020 Single or Married filing Separately - $1183 Married Filing Jointly - $2365
  • Tax Credit Donation Information for AZ DOR

  • Maximum Tax Credit - 2020 Single or Married filing Separately - $593 Married Filing Jointly - $1186 Maximum for Tax Credit - 2019 Single or Married filing Separately - $569 Married Filing Jointly - $1138
  • Must first have donated maximum to original tax credit to be eligible to donate to switcher/ overflow. Maximum for Tax Credit - 2020 Single or Married filing Separately - $590 Married Filing Jointly - $1179 Maximum for Tax Credit - 2019 Single or Married filing Separately - $566 Married Filing Jointly - $1131
  • You may recommend a school for a scholarship
  • You may recommend a student for a scholarship