Arizona Tax Credits

When you donate to organizations that provide assistance to qualifying charitable organizations; qualifying foster care organizations; public, charter, and private schools; and the Arizona Military Family Relief Fund, you can receive a dollar-for-dollar tax credit on your Arizona state return. Below are descriptions of the various tax credits and links to qualifying organizations. There were several increases to the amounts that are eligible for the 2024 tax credits.

• Qualifying Charitable Organization (QCO) Tax Credit.* The QCO supports organizations providing assistance to Arizona residents that are low income, chronically ill, or have physically disabled children. The QCO single or head-of-household credit is up to $470 and up to $938 for those filing jointly. Click here for a complete list of qualifying organizations. If you need a recommendation, we support the Paz de Cristo. They provide free meals and clothing to the homeless community.
• The Qualifying Foster Care Organizations (QFCO) Tax Credit.* The QFCO is similar to the QCO but is intended for foster-care community services. The QFCO single or head-of-household credit is up to $587 and up to $1,173 for joint filers. Click here for a complete list of qualifying foster care organizations. If you need a recommendation, we support Arizonans for Children, which provides children in foster care with assistance and family placement.
• The Public/Charter School Tax Credit.* This credit supports extracurricular activities that require students to pay a fee in order to participate. Taxpayers are not required to have children to take the credit, which is $200 for single or head-of-household, and $400 for joint filers. Click here for a complete list of public schools.
• The Private School Tuition Credit (STO): Form 323.* This credit provides scholarship money to students attending private school. It is a maximum of $731 for single or head of household, and $1,459 for joint filers. Click here for a complete list of qualifying private school organizations.
• Certified School Tuition Organizations Credit (PLUS Switcher Individual Income Tax Credit): Form 348.* This credit supports nonprofits that provide private school scholarships to students in need. To qualify for the credit, taxpayers must first donate the maximum amount allowed under the credit for Private School Tuition. The maximum for the Certified School Tuition Organizations Credit is $728 for single or head of household, and $1,451 for joint filers. Click here for a complete list of qualifying private school organizations.
• The Arizona Military Family Relief Fund (MFRF). MFRF is administered by the Arizona Department of Veterans’ Services and helps families of injured or killed service members with special expenses. Certain cash contributions to the fund qualify for a credit. The fund has an annual cap of $1 million for refundable Arizona tax credits. Single or head-of-household taxpayers can take up to a $200 tax credit; joint filers, up to $400. If you plan to contribute to the MFRF, do so soon as it tends to cap out quickly. Donations made after the $1 million is reached with be considered charitable donations, not tax credits.

*To claim the first five credits listed above on your 2024 Arizona tax return, contributions must be made by April 15, 2025.

For questions or additional information, please contact James Westfall at [email protected] or 602.776.6322.