WHEN YOU MAKE A DONATION TO SCHOOL CHOICE ARIZONA...
you can receive a dollar-for-dollar credit on your Arizona state income taxes, all while giving parents and students a choice for their education!
HOW MUCH CAN I DONATE FOR 2024?
MARRIED FILING JOINTLY
$2,910
SINGLE FILERS
$1,459
OR YOUR TAX LIABILITY, WHICHEVER IS LESS
Individual Donors can take advantage of two different tax credits for private schools, the Original Tax Credit and the Overflow (Switcher) Tax Credit. The main distinction between these credits is for parents—all private school students are eligible to receive Original Tax Credit Scholarships, while there are a few eligibility restrictions for students receiving Overflow Scholarships.
Donors must first donate the Original Tax Credit maximum ($1,459 married / $731 single) in order to donate any additional amount to the Overflow Tax Credit maximum ($1,451 married / $728 single), up to that credit’s allowed maximum donation.
CAN I RECOMMEND A STUDENT?
Yes! When you make a donation to School Choice Arizona as an Individual donor, you can identify a school which you would like to receive scholarship funds, and you can even recommend a specific student to be considered for one!
Donors may recommend a student or identify a school, but actual scholarships are subject to the absolute discretion of School Choice Arizona. Scholarships will be awarded without regard to the student’s race, color, handicap, familial status, or national origin. Scholarships are used for K-12 students attending private schools in Arizona. Arizona law requires that 90% of donated funds are awarded as scholarships. However, 92% of all donations will be used for scholarships through School Choice Arizona.
CAN I DONATE UP UNTIL APRIL 15TH?
Yes! Individual donors may donate prior to filing their taxes, but no later than April 15 (whichever comes first), and claim the credit for the previous year’s taxes. There are no extensions, so donations must be postmarked or entered online no later than midnight, April 15.
Many donors wait until they receive their W-2s so they can calculate their exact tax liability, then make a donation prior to filing their taxes.
Other donors choose not to worry about figuring this out and donate through their Payroll Withholdings!
WAIT, YOU CAN DONATE THROUGH YOUR PAYROLL WITHHOLDINGS?
Arizona law allows Individual taxpayers to donate to School Choice Arizona through Payroll Withholdings—meaning you can make a difference, without affecting your take home pay!
WITHHOLDINGS
WHAT ARE YOU WAITING FOR?
Your donation helps a family, who otherwise couldn’t, have an educational choice for their children... even better, you get a tax credit for it!
RESOURCES AND FORMS
