Charitable & Foster Care Tax Credits

Arizona provides two generous tax credits to taxpayers who make contributions to two types of charitable organizations:

1) The Arizona Charitable Tax Credit allows you to give up to $400 ($800 for couples filing jointly) to a qualifying agency that helps the working poor in Arizona and potentially have it cost you nothing!

2) The Arizona Charitable Foster Care Tax Credit allows you to give up to $500 ($1,000 for couples) to a qualifying foster care agency, such as Mesa United Way’s Helen’s Hope Chest, and subtract that amount from your state income tax bill.
You may give up to the limits to both the Charitable Tax Credit and the Foster Care Tax Credit, and as long as the donations are made by April 15, 2017, you may claim the credits on your 2016 tax return.

To benefit from the credit(s) in the current year, you must have an Arizona liability of at least the amount of your donation(s). If your Arizona tax liability is less than the credit this year, you may carry the credit forward.

To make a Charitable Tax Credit donation and/or a Foster Care Tax Credit donation, click HERE.

If you’re participating in a Mesa United Way pledge campaign in your workplace, the pledge form allows you to specify tax-credit donations.

For a FAQ sheet on the Charitable and Foster Care tax credits, click HERE.

Arizona Charitable Tax Credit

$400.00

Description

The Arizona Charitable Tax Credit¬†allows you to make a donation of up to $400 ($800 for couples filing jointly) to qualified charities and receive a dollar-for-dollar tax credit against your state tax liability when you file your tax return. Qualified agencies assist low-income individuals and families as well as chronically ill and physically disabled children. Many of Mesa United Way’s partner agencies are qualified to receive Charitable Tax Credit money, and your donation now will be directed to those agencies.¬†To qualify for the credit in the current tax year, donations may be made up until April 15 or tax-filing day.

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Arizona Foster Care Tax Credit

$500.00

Description

The Arizona Foster Care Tax Credit allows you to give up to $500 ($1,000 for couples) to Mesa United Way’s Helen’s Hope Chest, and receive a dollar-for-dollar tax credit against your state tax liability. You may give up to the full amount to both the Charitable Tax Credit and the Foster Care Tax Credit. To qualify for the credit in the current tax year, donations may be made up until April 15 or tax-filing day.

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