Reduce Your Tax Bill and Students Benefit!
If you are filing as single you may give up to $200.00; if you are filing jointly you may give up to $400.00. Please consider giving to PACS today anyone who is an Arizona resident can participate in this program. So, ask your family, neighbors, co-workers and friends to help. Arizona School Tax Credits can be mailed to PACS or dropped off to the front office. Tax credits can be paid in full or in installments. However, all tax credits must be postmarked no later than December 31. 2016.
Frequently Asked Questions
To qualify for this credit you must make a cash contribution to PACS.
For the taxable year 2015 for a single taxpayer or head of household, the credit cannot exceed $200.00. For married taxpayers that file a joint return the credit cannot exceed $400.00. If married taxpayers file separate returns, each person may claim half the credit that would have been allowed on a joint return.
Will I qualify for the credit if I pay for my own child to participate in an extracurricular activity?
Any amount that you pay to have your child participate in an extracurricular activity qualifies for the tax credit.
If I give my tax credit to PACS, will I receive a credit on my Arizona State taxes, dollar for dollar? What is the catch?
There is no catch to this program! You will receive a credit, dollar for dollar, as long as you pay AZ State income taxes!
You may still give your tax credit as long as you are an AZ resident and pay AZ income tax.
You can mail your check to PACS or drop it off in the office.
Yes. Please complete the PACS Arizona School Tax Credit Form, which can be found in the PACS office or here. This form should be included with your tax credit payment if you mail or drop off the tax credit.
You will receive a receipt from PACS in January 2017. You will need the receipt to complete your 2016 tax return.
Yes, the tax credit is considered a donation to a non-profit organization and can be used as a deduction on your federal income taxes.