The Tax Credit program allows every person who files an income tax return with the State of Arizona the opportunity to receive a tax credit for contributing to extracurricular activities. These tax credits support extracurricular and character education programs in the Sahuarita Unified School District.
Donations may be used for any school-sponsored activities that require students to pay a fee in order to participate or for a character education program. Examples include foreign language, field trips, enrichment activities, athletic and fine art programs, and after-school clubs.
You can help Sahuarita students and possibly lower your tax bill by making a donation.
If you qualify for this state tax credit, you may write a check or use your credit card to make a contribution. When you file your Arizona state taxes, you then subtract the amount of your contribution from what you owe or add the amount to your refund.
Anyone can participate: married or single, with or without children. Married couples filing jointly may claim up to $400. Single persons, heads of households, and married couples filing separately may all claim up to $200.
For more information on these Tax Credits visit the Arizona Department of Revenue’s Website or see ARS §43-1089.01 for more information on the law.
Who can make a contribution?
We can accept contributions only from individuals. We cannot accept contributions from businesses or corporations.
Do I have to have children enrolled in school?
No – Any Arizona individual paying state income tax can make a tax credit contribution to be used towards extra curricular fees.
Do I have to live within the District?
No – Any individual who pays Arizona State income tax can contribute.
Do I have to donate the full $200 or $400?
No – But remember, you can take this credit on any tax liability for state income taxes up to $200 on an individual tax return or $400 on a joint return. You may donate up to your $200 or $400 limit in installments during the calendar year or donate it at one time.
How does this work on my tax return?
As an example, let’s say you made a $300 tax credit contribution. When you file your state taxes, you will note the credit with a 322 form. (downloadable from the State.) If your State tax return calculates to a $500 refund, applying the credit will increase your refund to $800. If your State tax return calculates to a $400 liability (you owe) then applying the credit will reduce your liability to $100. However, you cannot receive a refund greater than your State income tax assessment for the tax year.