Dear Friends,

I am so grateful that Poppy is able to attend Tempe Montessori School again this year.

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 you can contribute to the private school tax credit program at any time between now and April 15th, 2025, and recommend those funds go to Tempe Montessori School School for Poppy's tuition.

When you file for 2024, you will take the credit and reduce your Arizona state taxes by the amount you donated. 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 to go to this program.

Would you consider participating?

Here are a couple caveats that cause the most confusion. I am not asking for money, though this is out of pocket at first.

1. Dollar for dollar tax credit = meaning whatever taxes you reallocate to Poppy's school you get the refund back for each dollar (this needs to fall within two parameters, however)

a. Must be the amount of your liability, or less (I found mine listed on last year's AZ tax form AZ-8879, line 48

**PLEASE check with your tax pro to see if this also applies for you, or where to find**

b. Must be less than the max allowed to contribute

**PLEASE review link below for most up to date amount**

2. If completed when doing your taxes, the payment amount would be out of your account from that day, until you get your tax refund back. I have found that to be a couple weeks.

If you have questions, this link will provide support, or you can call Arizona Tuition Connection at 480-409-4106; they're great to work with! Once you donate, a receipt will be provided for your tax advisor.

Feel free to call me if you would like to discuss it further!

Sincerely,

Trisha