What is a Tax Credit?

A tax credit in Arizona reduces your final tax liability. It comes right off the top of your state tax bill. When you charitable contributions amount increases, your tax liability decreases by the same amount – up to $800. Consult a tax advisors about your specific situation.

The Arizona Tax Credit for donations made to Qualifying Charitable Organizations allows you to receive a dollar-for-dollar credit on your state income tax when you give to Cortney’s Place. This means your dollars can benefit those in need whom Cortney’s Place serves. Yet it is no additional money out of your pocket! Your gift to Cortney’s Place also qualifies as a charitable deduction on your federal return if you itemize.

The Tax Credit for donations made to Qualifying Charitable Organizations is different from those you can receive for private school tuition and public school extracurricular activities – you can receive dollar-for-dollar tax credits for all three!

Our Arizona Qualified Charitable Organization number is 20130.