Arizona School Tax Credits

1/31/2017 (Permalink)

If you live and work in Mohave County, the state of Arizona offers some unique tax benefits for supporting our public schools.  There are five different tax credits that an eligible individual may claim.  For this blog, we will concentrate on the most common individual tax credit.

An individual may claim a credit for making contributions or paying fees to a public school for support of qualified activities or programs.  In 2016, single taxpayers can contribute up to $200.  For married taxpayers, the credit cannot exceed $400. 

Your contribution reduces your state tax liability dollar for dollar, and goes directly to support qualifying programs and activities  Qualifying activities include sports, standardized testing fees for college credit, vocational education, and cardiopulmonary resuscitation training.

The wonderful aspect of this program is that your contribution is used locally.  Every dollar contributed supports the schools and activities in the community where you live.

This tax season, please remember your local schools and the children who attend them.