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 is required, and after registering, you will receive a confirmation email containing information about joining the meeting. The meeting will last […]
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 […]
AZTO’s next award cycle for the 2020-2021 school year is scheduled for September 23rd. Corporate Credit awards are only available in September. The application deadline to apply for this award cycle is August 31st. AZTO’s other fall award cycle is scheduled for November 20th. Awards will include funding from the Original and PLUS/Overflow credit programs. […]
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. This application closes on February 28th, 2021.
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 […]