Arizona Charitable Tax Credit for Qualifying Organizations

Not only did the Charitable Tax Credit double but the deadline to file has also has been extended to April 15th!

GOVERNOR DUCEY SIGNS INCREASE TO TAX CREDIT FOR WORKING POOR – MAY 13, 2016
*The credit increased the Charitable Tax Credit from $200 to $400 for individuals and $400 to $800 for couples filing jointly.

St. Joseph the Worker works exclusively with the working poor as they seek a way to pull themselves out of homeless and poverty. Thanks to the Arizona Charitable Tax Credit for Qualifying Organizations, you can help St. Joseph the Worker provide the working poor an opportunity to gain self-sufficiency, stability, and dignity, at no cost to you.  And…you no longer need to itemize your deduction to qualify! Take $400 in full tax credit if you file individually, or $800 if you file jointly.

The Arizona Charitable Tax Credit for Qualifying Organizations FAQ

Q: What is the Arizona Charitable Tax Credit for Qualifying Organizations?

A: The Charitable Tax Credit is a dollar-for-dollar charitable contribution you can give to 501(c)(3) corporations (nonprofits). With Arizona Charitable Tax Credit for Qualifying Organizations you can receive a dollar-for-dollar tax credit, up to $400 for individuals and up to $800 for married couples filing jointly, on your state income taxes while helping homeless become employed.

Q: How do I qualify for Arizona Charitable Tax Credit for Qualifying Organizations?

A: If you make a cash contribution to St. Joseph the Worker and you file an Arizona state tax return, you may qualify for the tax credit.

Q:  Can I take the Arizona Charitable Tax Credit for Qualifying Organizations if I take the School Tax Credit?

A:  Yes, they are separate credits and you are allowed to take advantage of both.

Q: What is the difference between a tax credit and a tax deduction?

A: A tax credit is significantly more beneficial than a tax deduction.  A tax credit reduces your taxes, dollar-for-dollar. A tax deduction reduces the taxable income upon which your tax liability is calculated.

Q: Is St. Joseph the Worker a “qualifying charitable organization”?

A: St. Joseph the Worker is a tax exempt (501)(c)(3) organization that allocates at least 50 percent of its budget to services that help the working poor with their immediate basic needs.  Services provided by our program qualifies St. Joseph the Worker as a “qualifying charitable organization”.

Q: Can I make contributions to more than one qualifying charitable organization?

A: Yes, but the total Arizona Charitable Tax Credit for Qualifying Organizations allowed is still $400 per individual or $800 for married couples filing jointly, regardless of the number of organizations you support.

Q: Where can I get more information about the tax credit?

A: You can get more information by visiting the Arizona Department of Revenue website or by calling Taxpayer Assistance at 602.255.3381 or 800.352.4090.

*St. Joseph the Worker is not a tax advisor.