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* What is a tax credit?
A tax credit is part of a state law that, among other benefits, allows individuals to donate up to $200 or for married couples filing jointly to donate up to $400 per tax year. If married taxpayers file separately, each spouse may claim 1/2 of the credit that would have been allowed on a joint return. The funds benefit the public school of their choice and the donation can be taken as tax credit on their Arizona Income Tax Return (A.R.S. 43-1089.01)
* Can I designate where I want my money to go?
Yes, you can say where you want your donation to go. You can choose your child's school or an extracurricular activity that they participate in.
* Can a taxpayer receive a refund of these credits?
No. The credits can only be used to the extent they reduce state tax liability to zero. Unused amounts may be carried forward for up to the next five taxable years. your donations as a charitable donation on your federal return. (Please consult your tax advisor.)
* Who is eligible to receive the donation?
Charter schools & public schools are eligible. Pre-schools, non-governmental schools, community colleges and universities do not qualify.
* Must a taxpayer have a child in school in order to claim this credit?
No. There is no requirement that the taxpayer have a child enrolled in a public school in order to take
advantage of the tax credit.
* Can you use this as a deduction on your federal return?
Possibly; however it is subject to the IRS's policy on donations.
* How is the money used?
Your donations can be spent by the individual schools on programs and extracurricular activities or Character Education Programs that benefit children. Extracurricular activities include any optional, non-credit educational or competitive activity which supplements the educational program of the school whether before, during or after regular school hours. Funds may be used for example, to include classroom field trips, after-school enrichment programs, musical instruments, library books, and athletic equipment (which belong to the schools).
* How can I make a donation?
Donations can be made at any school or simply complete the attached donation form an send it to the address listed. The school district will send you a receipt for your tax records.
NO REFUNDS. The law provides for a credit on your state income tax return. You will receive your money back after you file your state
Just five easy steps will do it!
1. Decide which school you wish to support.
2. Decide which extracurricular activity you wish to support.
3. Write a check for up to $400, made payable to the Avalon Elementary School, then fill out and attach your check to the form on the back of this flyer.
4. Mail or deliver the check and form to :
Avalon Elementary School
1045 South San Marcos Rd.
A.J. Arizona, 85120
5. Avalon Elementary tanks you for your generosity!
Remember...this contribution costs you nothing.
To contribute to the School Tax Credit program, simply click on the "Tax Credit Form" link below to launch the required form.
Tax Credit Form
Print and complete the form and either bring or send the form and your money or check to:
Avalon Elementary School
1045 South San Marcos Rd.
A.J. Arizona, 85120
Click Here
Return to Avalon K-8 Home Page
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