Did you know that you can make a donation to Back to School Clothing Drive and get all of your money back on a dollar-for-dollar tax credit through the Arizona Charitable Tax Credit (better than a deduction) on your Arizona Taxes? YES, THIS IS A DOLLAR FOR DOLLAR CREDIT! Not only do you help the kids of BTSCD, you also help yourself by directing your tax dollars to support families in need, then you get it back on your state tax returns!
By taking advantage of the Credit for Donations made to Qualifying Charitable Organizations like Back to School Clothing Drive, eligible taxpayers can now donate up to $400 per individual or $800 per married couple to BTSCD and get it all back on your returns. Your donation of $400 will completely outfit 40 kids in need and your $800 donation helps 80 students. Back to School Clothing Drive is recognized as a qualifying charitable organization, identified by code 20462.
You will help change the life of a school-age child AND receive a CREDIT on your Arizona taxes in the full amount of your donation. All Charitable Tax Credit donations are matched by BHHS Legacy Foundation. http://www.backtoschoolclothingdrive.com/donate-now/ to donate today.
You can also mail your check to: Back to School Clothing Drive and in the memo section and notate ACTC. Mail your check to Back to School Clothing Drive, 360 E. Coronado, Suite 200, Phoenix, AZ 85004.
Please Note: You can decide where a portion of your AZ State Income Tax is Spent. If the amounts above are outside of your ability to give, you can make monthly donations in any amount up to the amounts above and still get the credit on your tax return. Consult with your tax advisor to determine what works best for your situation.
Consult with your tax advisor for guidance or visit the Arizona Department of Revenue website at www.revenue.state.az.us for more details.
You can learn more about the program through the Arizona Department of Revenue and by consulting with your tax advisor.
Donate to the Back to School Clothing Drive or direct your donations made to United Way to be made to the Back to School Clothing Drive. The legislation specifies that eligible organizations spend at least 50 percent of their budget on basic needs to residents of Arizona and must be certified by the state of Arizona.