One of the ways the State of Arizona supports school choice is with the Private School Tuition Tax Credit program. A.R.S. AZ 43-1089.01 provides a credit against state income tax obligations for Arizona taxpayers who make a contribution to a qualified School Tuition Organization. For several years, Arizona Education First (AZEF) has given many deserving students the opportunity to attend Arcadia Montessori by awarding financial aid scholarships.
Arizona taxpayers who make a contribution to AZEF receive a tax credit against state income tax obligations. This contribution will be credited dollar for dollar against your Arizona income tax.
How to Contribute
Print out an AZEF donation form and mail it in!
How much can I donate?
Taxpayers filing single can donate up to $1067 for tax year 2015. Taxpayers filing married can donate up to $2134 for tax year 2015.
What is the deadline to make a contribution in order to receive the tax credit?
Contributions can be accepted through April 15th for credit in the previous calendar year.
How does the tax credit reduce my state income tax liability?
Your donation/redirection to AZEF can eliminate your state taxes! You will receive a dollar for dollar credit on what you owe the state.
Example: If you owe Arizona $500 in state taxes and then you donate $500 to AZEF before paying your taxes…. your tax liability is reduced to ZERO! Instead of paying the state you gave the money you already owed to a school of your choice. It’s a win win situation!
Can a taxpayer claim the Private School Tuition Credit and the Public School Tax Credit?
Yes. You may also donate $200 individual/$400 married couple to the Public School of your choice. AZEF does not administer the Public School Tax Credit. Please contact the public school or school district of your choice for more information.
Does AZEF accept matching gifts from employers?
May we recommend a grandchild to receive a tuition grant?
Yes, as long as they are not a legal dependent.
Is my donation also eligible for a federal income tax deduction?
Yes, AZEF is a federally tax exempt 501(c )(3) charitable organization. Your donation may be eligible for a federal deduction. You should consult your tax advisor for specific tax advice concerning deductibility for you.