Today, March 23rd, the Arizona Department of Revenue (ADOR) maintains the Private School Tuition Tax Credit Donation Deadline for tax year 2019 as April 15th. The federal and state filing deadline has been extended to July 15th. The extension does not apply to Arizona Credit Programs. See below from ADOR. Taxpayers Have Until April […]
“How the Arizona School Tuition Organization Tax Credits Save the State Money” written by Deborah Sheasby. A newly released report details the cost savings to the State of Arizona from the Tuition Tax Credit Programs. The report concludes: The tax credit scholarship programs allow tens of thousands of students to attend private schools, a savings […]
AZTO’s final award cycle for all participating schools of the 2019-2020 school year is scheduled for May 8th. Awards will include funding from the Original and PLUS/Overflow credit programs. A 2019-2020 AZTO Application and board approval are required for participation. The deadline to submit an application for this award cycle was February 28th. Considered recommended […]
AZTO’s 2020-2021 Application is now available. We recommend applying for your student prior to the start of the school year to be eligible for AZTO’s largest award cycles. Only one annual submission per participating student is required.
2019 Private School Tuition Tax Credit Limits The Original Tax Credit Limits are: $1,138 for married couples filling jointly or $569 for individuals. The PLUS Tax Credit Limits are: $1,131 for married couples filling jointly or $566 for individuals. The Total Private School Tax Credit Limits are: $2,269 for married couples filling jointly or $1,135 […]
In 2012, the IRS Exempt Organizations Office created a video describing their perspective on state tax credit programs, recommendations, and restrictions governing the program. Arizona Tuition Organization (AZTO) is in compliance with state and federal regulations regarding School Tuition Organizations. Please see the below link to view the video. It is just under four minutes. […]
The private school tuition tax credit limits adjust annually based on the Consumer Price Index of the Phoenix Metropolitan Area. The Arizona Department of Revenue publishes these annual credit amounts. Tax Year 2017 maximum credit limits are: Original Tax Credit: $1,092 for married couples filing jointly or $546 for individuals. PLUS Tax Credit: $1,085 […]