Arizona Tax Credits
Free downloadable brochure from the Arizona Society of Enrolled Agents
Arizona offers four "dollar-for-dollar" credits for individuals. Each dollar given to qualifying organizations may be subtracted (up to credit limits) from the taxpayer's Arizona tax that year. In addition, credit donations count as itemized deductions on the federal return, so you may get more than a dollar of tax reduction for each dollar given. A great way to do good and save on taxes at the same time!
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