Teen Challenge of Arizona is certified by the State of Arizona to receive contributions as a Qualifying Charitable Organization (Our QCO Code is 20373).
“I would not be here today if it wasn’t for Teen Challenge.”
Eric almost lost his life due to drug addiction. Today, he is happily married with two beautiful children. And, the journey Eric experienced at Teen Challenge has prepared him for the future.
Arizona State Tax Payers can donate to Teen Challenge of Arizona, and claim a dollar-for-dollar Tax Credit when you file your taxes.
You don’t even have to itemize deductions to claim the credit.
The Arizona Charitable Tax Credit (formerly known as the Working Poor Tax Credit) is a wonderful way to impact the lives of the many people we help, plus receive a dollar for dollar tax credit, up to $470 for filing single or head of household, or up to $938 for married filing jointly.
Please consult your tax adviser for detailed information about how this tax credit may apply to your tax situation.
- Your gift can be postmarked by April 15 following the year you will claim the credit for.
- You can make monthly donations to reach the total amount of your potential credit.
- Just divide up the total that you’d like to contribute by the remaining months this year.
FAQs
How might the tax credit affect my taxes?
- A tax credit reduces your final tax liability.
- It can reduce the amount you pay, or even increase the amount of your refund.
How do I Qualify?
- Claim the credit on your Arizona State income tax return with Form 321.
- Be sure to enter QCO Code 20373 on the appropriate Form.
The credit is as follows for taxpayers filing as...
- Married filing jointly: up to $938
- Single or unmarried head of household: up to $470
- Separate returns: up to $470
Is it the same as the School Tax Credit?
- No, it is similar, but in addition to the School Tax Credit.
- Taxpayers may be eligible for both School Tax Credit and Charitable Tax Credit in same year.
Can I donate to more than one qualifying charity?
- Yes, you are able to donate to more than one qualifying charitable organization.
- The total tax credit limit you may be eligible for remains the same.
Arizona Department of Revenue