Dear Friends of Back to School Clothing Drive,

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! And it has doubled since last year. 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.

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.

Back to School Clothing Drive

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, that you can make monthly donations in any amount up to the amounts above and still get the credit on your tax returns. Consult with your tax advisor what works best for your situation.

FAQs

A. Think of a tax credit as cash that goes straight to the bottom line of your tax return. If you owe money to the state of Arizona, a tax credit will lower that amount; if you are due a refund, the tax credit is added to the refund. A tax deduction, meanwhile, lowers the amount of income for which you are taxed.
A. YES! This Arizona tax credit is separate from the public school tax credit and the private school tuition tax credit programs. Arizona taxpayers with eligible contributions can receive all three state tax credits and possibly qualify for a Federal tax deduction.

Consult with your tax advisor for guidance or visit the Arizona Department of Revenue website at www.revenue.state.az.us for more details.

A. Arizona law provides a credit for cash contributions made to qualifying charitable organizations that provide help to the working poor. Back to School Clothing Drive has been classified by the state as a qualifying organization that provides help to the working poor. In order to take advantage of this benefit, you donate up to $400* 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.
A. The AZ working poor tax credit reduces your overall state tax liability and is not impacted by your tax withholdings during the course of the year. If you withheld more than what you owed, the credit will result in an increase in your state tax refund.
A.

You can learn more about the program through the Arizona Department of Revenue and by consulting with your tax advisor.

A. Arizona law provides a credit for cash contributions made to qualifying charitable organizations that provide help to the working poor. Back to School Clothing Drive has been classified by the state as a qualifying organization that provides help to the working poor.

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.