Individuals
INDIVIDUAL TAX CONTRIBUTION
Helping those you care to pursue their dreams
As an Individual taxpayer, you will receive a dollar-for-dollar tax credit and may qualify to claim it as a donation on your federal taxes. (Consult your tax advisor). Your tax dollars enable a family to have a school choice and you become a part of a child’s life and his/her future. All Students can be recommended by individual tax contributors.
NOTE: A school tuition organization cannot award, restrict, or reserve scholarships solely on the basis of a donor’s recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent. A.R.S. 43-1603 (C). Any designation of your own dependent as a potential recipient is prohibited.
DID YOU KNOW? You Can Allocate Your Income Tax WITHOUT Affecting Your Take Home Paycheck! See detail below:
2019 Withholding Income Tax Reduction Pledge Form (Print)
CONTRIBUTE – NOW
2019 Individual Tax Credit Contribution Form (Print)
FAQ
2019 FAQ – Individual Tax Contribution
2019 Donación Del Contribuyente Individual -Preguntas Frecuentes
You can contribute up to the combined maximum of the Original ARS 43-1089 and the Switcher ARS 43-1089.03, or your Arizona tax liability, whichever is less, and receive a dollar-for-dollar Arizona state tax credit. If you have no liability, you cannot receive a dollar-for-dollar tax credit.
You must first contribute the maximum to the Original tuition tax credit program, in order to contribute the additional amount.
When filing your taxes, you can claim the tax credit by using Arizona forms 301 and 323 along with state income tax forms. However, if you contribute to the Switcher program as well, you need to file a 348 form. Using AZ Schedule A to claim the federal deduction is optional (Must consult your tax advisor). All these forms and more can be found at azdor.gov.
2021 Arizona Tax Forms:
Form 301 (Tax Credit Summary) / Form 301-Instruction
Form 323 (Original Tax Credit) / Form 323-Instruction
Form 348 (Switcher/Overflow Tax Credit) / Form 348-Instruction
Schedule A (Claiming Federal Deduction) / Schedule A-Instruction
Yes! You may recommend anyone who is not your child or dependent. STO4KIDZ selection committee retains discretion regarding all awards. If you have no student preference, you have the option to recommend a private school of your choice. Your tax contribution will then be considered for students attending that school who have completed applications with STO4KIDZ, or you may contribute to STO4KIDZ general funds to be awarded to any qualified student at a private school. The law prohibits parents from swapping tax credit to benefit either taxpayer’s own dependent.
A minimum 90% of your contribution is used for scholarship award on a monthly basis.
Yes. STO4KIDZ is a tax-exempt charitable organization pursuant to federal law, Section 501(c)(3). Federal I.D. Number 82-4886421
An official tax receipt will be emailed to your provided email address. If you need a receipt immediately, please contact us at INFO@STO4KIDZ.ORG. We will gladly accommodate your request.
Thank you.
STO4KIDZ is a 501(c)(3) non-profit, charitable organization. You should consult your tax advisor for your specific tax question.
We sincerely welcome and appreciate your support and participation in this most worthwhile program at no out-of-pocket cost to you.
To learn more about the 5 different Arizona dollar-for-dollar tax credits, CLICK HERE!