2020 Arizona Tax Credits – Easy Reference Guide
(For Arizona State Residents only)

Arizona individual taxpayers have the opportunity to redirect state income tax to a variety of Arizona charities through the use of Arizona tax credit contributions. Contributions to certain charities or public schools will not qualify for a federal charitable contribution deduction.  Taxpayers do not need to itemize to claim the tax credits. A couple filing a joint return in Arizona can qualify to redirect as much as $4,965 for 2020.

A taxpayer can contribute and take all the credits, subject to the amount of state tax for any particular year. The credits are non-refundable. Unused amounts of credit carry forward for five years, except for the military credit, which does not carry forward.

 

Contribution to Qualifying Charitable Organizations

Charity must be on this list:

https://azdor.gov/sites/default/files/media/CREDITS_2020_qco.pdf

  • Single, Head of Household, or Married Filing Separate $400, Married Filing Joint $800
  • Can make contribution up to April filing deadline for prior year credit

 

Contribution to Qualifying Foster Care Organizations

Charity must be on this list:

https://azdor.gov/sites/default/files/media/CREDITS_2020_qfco.pdf

  • Single, Head of Household, or Married Filing Separate $500, Married Filing Joint $1,000
  • Can make contribution up to April filing deadline for prior year credit

 

Contribution or Fee Paid to Public School for Extracurricular Activities

Must be a public school in Arizona – to find one go to:

https://azdor.gov/sites/default/files/media/PUBLICATION_ADESchoolListing.pdf

  • Single, Head of Household, or Married Filing Separate $200, Married Filing Joint $400
  • Can make contribution up to April filing deadline for prior year credit
  • Allowed to use fees paid for your child to participate, as well as direct contributions to the school.
  • Fees paid for your child to participate are not a federal charitable deduction.

 

Contribution to Certified School Tuition Organization

Organization must be on this list:

https://azdor.gov/sites/default/files/REPORTS_sto-i-list.pdf

  • 2020 Single, Head of Household, or Married Filing Separate $593, Married Filing Joint $1,186 for original credit plus
  • 2020 Single, Head of Household, or Married Filing Separate $590, Married Filing Joint $1,179 for switcher (aka plus, overflow or other name chosen by the Organization)
  • Limits are indexed each year. Can make contribution up to April filing deadline for prior year credit
  • Can make contribution up to April filing deadline for prior year credit

 

Contribution to Military Family Relief Fund

Can only contribute here:

https://dvs.az.gov/mfrf

  • Tax Credit Donations limited to mail-in only at this time.
  • Must contribute by 12/31 – When annual maximum contributions received, no additional funds accepted
  • Credit is only available through 12/31/2020
  • Single, Head of Household, or Married Filing Separate $200, Married Filing Joint $400

 If this message contains any type of tax advice, please be advised that based on current IRS rules and standards, the advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty that the IRS should assess related to this matter.