Did You Know…
Only 5% of AZ taxpayers used their tax credit empowerment to support a Qualified Charitable Organization (QCO). Just 1% used their foster care tax credit (QFCO).The State of Arizona permits financial donations to qualified charitable organizations (QCOs & QFCOs) to be claimed as fully refundable tax credits. Donations to allowable limits become refundable credits against AZ incomes taxes owed.
Many non-profits in Arizona rely on charity tax credit donations as a significant part of their funding. They count on and need your donations to continue their impactful work.
QCO, QFCO donations can be combined with school tax credits, to reduce AZ income taxes owed. Military Relief Fund tax credits as well. Unused allowable QCO, QFCO tax credits carryover for five years!
