As you may know, Arizona offers several different tax credits. These credits are a great way to lower your Arizona tax liability and take control of how your funds are spent here in the state.
One of these tax credits is the private school tax credit. The way it works is that at any time between now and April 15th, 2020 you can contribute to Arizona Tuition Connection. When you file for 2019 you will deduct that amount off of your Arizona state taxes. Because it is a dollar-for-dollar tax credit, the net cost to you is zero. You simply have the option of paying your taxes to the state, or redirecting those funds through this program. You can even recommend a student if you like.
Would you consider participating? If you have questions this link will provide some support.
Or you can call Arizona Tuition Connection at 480-409-4106. They are great to work with. Once you donate a receipt will be provided for your tax advisor.
Feel free to call us if you would like to discuss it further!
Sincerely, The Green Family
A SCHOOL TUITION ORGANIZATION CANNOT AWARD, RESTRICT OR RESERVE SCHOLARSHIPS SOLELY ON THE BASIS OF A DONOR’S RECOMMENDATION. A TAXPAYER MAY NOT CLAIM A TAX CREDIT IF THE TAXPAYER AGREES TO SWAP DONATIONS WITH ANOTHER TAXPAYER TO BENEFIT EITHER TAXPAYER’S OWN DEPENDENT.