| Tax Credit Information |
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It’s time to take the credit! |
Did you know? Arizona law (A.R.S. 43-1098.01) allows Arizona state taxpayers to contribute up to $200 for a single tax filer or $400 for joint tax filers to a public school and receive a dollar for dollar credit on their state taxes. The tax credit is available for contributions, which are earmarked to support a qualifying extracurricular activity. Any taxpayer is eligible for the credit – you don’t have to be a parent.
How does it work? Just send a donation by check or money order to Ironwood Ridge High School, designated for our extracurricular program or to a specific extracurricular program. You may also specify that your donation is a fee to cover the cost of a specific child’s participation in a specific activity. You must also enclose your social security number with your donation, so the school can send you the receipt that is required to take the tax credit. Then, when you fill out your Arizona tax return, you can subtract the amount of your contribution – up to $200 or $400 maximum depending upon your contribution – from what you owe in taxes for the year. It’s not just a deduction; it’s a credit.
It’s like choosing how you want your tax dollars to be spent. How does your contribution help kids? It helps students participate in our extra-curricular programs, like sports, the arts, clubs and other activities that enrich their education and provide them with valuable life experiences. You can specify the program you want to help or let us apply your gift to one with need.
Don’t wait too long! For you to be eligible to receive the credit for this year, we must receive your donation by the end of the year. Use the convenient from on the back of this page to send your gift today. We must receive it before the winter break to ensure processing.
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Tax Credit Form |