Contributions to Qualifying Charitable Organizations:
An individual who makes a cash donation to a qualifying charitable organization can receive a tax credit of up to $400 for single, head of household and married filing separately taxpayers or $800 for married filing jointly taxpayers. You have until April 15, 2021 to make cash contributions that can be claimed as a credit on your 2020 tax return. For complete list of qualifying charitable organizations, please visit: https://azdor.gov/sites/default/
files/media/CREDITS_2020_qco.pdf

Contributions to Qualifying Foster Care Charitable Organizations:
An individual who makes a cash donation to a qualifying foster care charitable organization can receive a tax credit of up to $500 for single, head of household, and married filing separately taxpayers or $1,000 for married filing jointly taxpayers. You have until April 15, 2021 to make cash contributions that can be claimed as a credit on your 2020 tax return. For complete list of qualifying charitable organizations, please visit:
https://azdor.gov/sites/default/files/media/CREDITS_2020_qfco.pdf

School Tax Credits for Individuals:
An individual can claim up to three school tax credits per year: one for contributions to public schools and two for contributions to private school tuition organizations. You have until April 15, 2021 to make cash contributions that can be claimed as a credit on your 2020 tax return. A credit of up to the following amounts is available for 2020:

  • Public School Credit: up to $200 for single, head of household and married filing separately taxpayers or $400 for married filing jointly taxpayers.
  • Private School Tuition Credit: up to $593 for single, head of household and married filing separately taxpayers or $1,186 for married filing jointly taxpayers.
  • PLUS Switcher Credit: up to $590 for single, head of household and married filing separately taxpayers or $1,179 for married filing jointly taxpayers.

For more information and a list of schools and school tuition organizations, please visit: https://azdor.gov/sites/default/files/REPORTS_sto-i-list.pdf

Credit for Donations to the Military Family Relief Fund:
An individual who makes a cash donation to the Military Family Relief Fund can receive an Arizona tax credit of up to $200 for single, head of household, and married filing separately taxpayers or $400 for married filing jointly taxpayers. Total donations qualifying for the credit are capped at $1 million each year. To find out if the cap has been reached, visit:
https://dvs.az.gov/mfrf.

Note: as of October 5, 2020, $850,000 of the yearly cap was reached and online donations for 2020 are no longer accepted. Mail-in donations will be accepted until the $1 million annual cap is reached.

If you have any questions, please contact our office and one of our staff will be happy to assist you.

About this Author

Laura specializes in income tax return preparation, compliance, and research for individuals and businesses. She also is experienced in preparing compiled and reviewed financial statements, individual and S-Corporation taxation, multi-state taxation, and income tax credits including the R&D credit.