2020 AZ Credits for Contributions

It’s that time of year again! Time to start thinking about tax planning and where to spend your charitable dollars.  The state of Arizona offers tax credits for donations to certain types of charities.  The tax credit provides a dollar for dollar reduction in your Arizona taxes.

donation

For calendar year filers, credit eligible contributions made to qualifying organizations from January 1, 2021, to April 15, 2021, may be claimed as a tax credit on either the 2020 or 2021 Arizona income tax return. Here is a list of organizations where you can receive tax credit for contributions:

Military Family Relief-Donation due by December 31, 2020 (https://dvs.az.gov/mfrf):
Single $200;  Married $400 

Qualifying Charitable Organizations– Donation due by April 15, 2021:

Single $400; Married $800

List of Qualifying Charitable Organizations: https://azdor.gov/sites/default/files/media/CREDITS_2020_qco.pdf

Qualifying Foster Care Charitable Organizations– Donation due by April 15, 2021:

Single $500; Married $1,000

List of Qualifying Foster Care Charitable Organizations: https://azdor.gov/sites/default/files/media/CREDITS_2020_qfco.pdf

Public School– Donation due by April 15, 2021:

Single $200;  Married $400

Private School Tuition Organizations– Donation due by April 15, 2021:

Single $593;  Married  $1,186 (Original Individual Income Tax Credit)

Single $590;  Married  $1,179 (Switcher Individual Income Tax Credit)

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