Instead of sending your tax dollars to the state’s general fund, you can choose to direct your tax money to improve educational opportunities at Sky Islands this year through the Arizona School Tax Credit Program and directly support the school’s unique curriculum and vision. If you are unfamiliar with how the process works in Arizona, it is actually fairly straightforward.
The taxpayer writes a check to the school before December 31, 2013. When tax time rolls around, taxpayers then claim the direct tax credit on their Arizona income tax form.
The amount donated (up to $200 for single taxpayers and $400 for jointly filing married taxpayers) is then directly subtracted from the total taxes owed to the state of Arizona for that year. For example, if your tax bill to the State of Arizona is $650, and you donated $200 to Sky Islands High School before December 31, 2013, the amount you will owe the State of Arizona when you file taxes is $450 – your $650 obligation minus the $200 you have already paid through the direct tax credit program.
The bottom line is that with the Arizona Tax Credit Program, you help us at Sky Islands, and…it costs you nothing!
If you have more questions, please do not hesitate to call the school at 382.9210. In addition, you can read more about the Arizona State Tax Credit program at the Arizona Department of Revenue website: http://www.azdor.gov/TaxCredits/SchoolTaxCreditsforIndividuals.aspx
To download a printable form of the tax credit flyer, please click on this link.