Arizona allows a tax credit for donations made to public schools for extracurricular activities. Preschool is NOT an extracurricular activity. More information about making a Tax Credit Donation is at the bottom of this page. To make a donation, simply click on one of the buttons below.
Our Public School CTDS Code is 078209001.
Support School Activities
Make a Tax Credit Donation
$ 50.00-$ 400.00
[button link=”http://paintedrockacademy.com/product/tax-credit-donation/” bg_color=”#6B1101″ window=”NO”]SELECT OPTIONS[/button]
You may also use your Tax Credit Donation to pay some fees.
Preschool payments are not eligible for Tax Credit Donation status.
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Boulder Club TCD
$ 50.00-$ 400.00
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Academic Arcade TCD
$ 40.00-$ 400.00
[button link=”http://paintedrockacademy.com/product/academic-arcade-tcd/” bg_color=”#6B1101″ window=”NO”]SELECT OPTIONS[/button]
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Kindergarten TCD
$ 200.00-$ 400.00
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Who Is Eligible For Tax Credits
Individuals and couples who pay Arizona taxes may participate. You do not have to have a child enrolled in school to claim the credit. So encourage all your Arizona family and friends to support our school and get a dollar-for-dollar refund for their generosity.
It is always best to consult a tax adviser to see if you qualify for this dollar-for-dollar credit.
[typography font="Kelly Slab" size="24" size_format="px" color="#ffffff"]These donations support our schoolextracurricular activitiesincluding sports, clubs and music.Your help means a lot to the kids,and we all thank you for your donation.[/typography] |
When To Make Tax Credit Donations
Tax Credit donations are accepted throughout the year and are usually used for the current tax year. However, if you donate between January 1st and April 15th, you may choose to use this donation for the current year’s tax return or the prior year’s return.
How Tax Credits Work
Arizona taxpayers may write a check or make a contribution via credit card on the school website. When you file your Arizona state taxes, the amount of your contribution is subtracted from what you owe or added to the amount of your refund. For example:
- If you owe $700 in Arizona state taxes and make a $400 contribution to our school, you subtract $400 from the taxes you owe – so you now owe $300.
- If you are expecting a $600 refund on your Arizona state taxes and make a $400 contribution to our school, you add $400 to the amount of your refund – so your new refund will be $1,000.
[typography font="Kelly Slab" size="30" size_format="px" color="#ffffff"]Making tax credit donations islike paying your taxes directlyto our school![/typography] |
- You were injured and only worked a few weeks during the year, so your state tax liability was $50. You made a $200 tax credit donation. You can use $50 to pay the current year taxes, and carry over $150 in tax credits to be used next year.
Amounts Available For Tax Credits
Couples filing joint tax returns may donate any amount up to $400; individuals filing single and head of household may donate up to $200. Married taxpayers filing separately can claim up to $200 on each return. Corporations and business are not eligible for these tax credits.
[typography font="Kelly Slab" size="24" size_format="px" color="#ffffff"]Support our school and get a dollar-for-dollarrefund. There's no downside![/typography] |
We Put These Donations To Good Use
Tax credit donations are used for many things. Recently, our schools have purchased sports equipment for school teams, paid referee fees, purchased music, paid coaches, purchased games and art supplies for after school programs, purchased materials for after school clubs, and funded intramural and state-wide competition costs. With your help, we have been able to expand the extracurricular opportunities for our students, and they appreciate it.
Arizona Department of Revenue
For more information, the Arizona Department of Revenue has prepared a brochure on School Tax Credits. Click below to view the brochure or to link directly to the Arizona Department of Revenue:
[button link=”https://azdor.gov/sites/default/files/media/PUBLICATION_707.pdf” bg_color=”#6B1101″ window=”yes”]ADOR PUB FORM NO. 707 SCHOOL TAX CREDITS[/button]
[button link=”http://www.azdor.gov/TaxCredits/SchoolTaxCreditsforIndividuals.aspx” bg_color=”#6B1101″ window=”yes”]ARIZONA DEPARTMENT OF REVENUE[/button]