Tax Credit donations are being accepted NOW! This type of donation is very beneficial to the school and helps the person donating. The credit is applied against the taxpayer’s Arizona state income tax. The funds are used for “extracurricular activities” that are defined as … “school-sponsored educational activities that require enrolled students to pay a fee to participate.” For example, field trips, after school activities, etc.
It is not a requirement that the taxpayer have a child enrolled in the public school. The credit is limited to $400 for married couples filing jointly, $200 for married couples filing separately, or $200 for single individuals or heads of household.