AZTO’s next award cycle is scheduled for January 20th. Awards will include funding from the Original and PLUS/Overflow credit programs. A 2020-2021 AZTO Application and board approval are required for participation. The deadline to submit an application for this award cycle is December 31st. Considered recommended tax credit contributions should also be received by December […]
Join us from the comfort of your own home to learn about the many ways you can secure scholarship funds for your student’s education using the Arizona state tax credit program with AZTO. Registration for the Zoom Workshop is required. After registering, you will receive a confirmation email containing information about joining the meeting. The […]
AZTO’s 2020-2021 Application is still available thru February 28th. The 2021-2022 Application will launch on March 18th. For 2021-2022 Kindergarten & Transfer students wishing to participate with donor recommendations prior to March 18th, please complete our Pre-Application to register your student with AZTO.
AZTO understands that in this COVID season, some families may be seeking other educational options for their students. We want you to be aware that some tax credit program eligibility may be lost if there is a break in your student’s continuous enrollment at the private school. Arizona requires a student to be continuously enrolled […]
2020 Private School Tuition Tax Credit Limits The Original Tax Credit Limits are: $1,186 for married couples filling jointly or $593 for individuals. The PLUS Tax Credit Limits are: $1,179 for married couples filling jointly or $590 for individuals. The Total Private School Tax Credit Limits are: $2,365 for married couples filling jointly or $1,183 […]
“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 […]
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 […]