HOW DO I VERIFY THE ORGANIZATION I SUPPORT QUALIFIES FOR THE CREDIT?
How do i Know if I qualify?
If you have an Arizona tax liability you qualify. If you file your taxes jointly, both spouses can qualify. You no longer need to itemize your tax deductions in order to qualify. *Please consult a tax adviser for expert advice on your specific tax situation
Do i qualify for the credit if i do not owe any taxes at year-end?
Assuming you have a state tax liability, the credit reduces it independently from any tax that you may have withheld during the course of the year. If you withheld an amount equal to or greater than your tax liability, the credit will increase your state tax refund.
If I already gave to the Public or Private Schools tax credits, do I still qualify?
Yes!* The state of Arizona actually offers several different tax credits. If you have Arizona tax liability, you qualify for all of them! Here’s a list of all of the tax credits so you can take full advantage:
How do I file for the credit?
You or your accountant report the name of the Qualifying Charitable Organization (Swift) you donated to as well as the dollar amount of your donation to the Department of Revenue on Form 321.