Arizona School Tax Credits - Good For You And Your School
Arizona law provides a way for taxpayers to support their community schools without it costing them an extra cent.
It is a law passed in 2002 that allows single taxpayers or heads of household to claim a $200 credit or married taxpayers filing jointly a $400 credit on their state income taxes when they make a contribution to a K-12 public or charter school.
It is one of the few times when taxpayers get to decide exactly how their tax dollars will be used and is a great opportunity for schools to extend their programs.
The tax credit must be used for extra-curricular activities or character education programs, but if these programs are supported through tax credits, it allows schools to focus their budgeted funds on the classroom.
Now, the trick is to get taxpayers, not just parents who are aware of this opportunity, but all of the state's taxpayers to participate.
Schools need to do a better job of marketing and getting the information to all of their community members and then make the process simple and convenient.
The smart school districts are doing this by adding online payment systems, or WebStores, to their school's Web sites.
Then, regardless of whether the taxpayer knows where the local school's district office is or what hours they are open, they can contribute right online.
They will have a receipt for their tax records and can use their credit or debit card to do so.
Last year, contributions of $43.
9 million were made and that number should be much higher.
Our children receive a direct benefit with these funds and extra-curricular activities, which are often eliminated when educational funds are lean, can be provided.
When these extra-curricular activities are provided, those students who can not afford to pay fees for these activities can participate.
It is a true win-win for our educational system.
So, taxpayers, whip out those credit or debit cards and go to your community school's Web site (or stop by their offices) and select how you want your Arizona taxes spent.
Our state's children will be the beneficiaries!
It is a law passed in 2002 that allows single taxpayers or heads of household to claim a $200 credit or married taxpayers filing jointly a $400 credit on their state income taxes when they make a contribution to a K-12 public or charter school.
It is one of the few times when taxpayers get to decide exactly how their tax dollars will be used and is a great opportunity for schools to extend their programs.
The tax credit must be used for extra-curricular activities or character education programs, but if these programs are supported through tax credits, it allows schools to focus their budgeted funds on the classroom.
Now, the trick is to get taxpayers, not just parents who are aware of this opportunity, but all of the state's taxpayers to participate.
Schools need to do a better job of marketing and getting the information to all of their community members and then make the process simple and convenient.
The smart school districts are doing this by adding online payment systems, or WebStores, to their school's Web sites.
Then, regardless of whether the taxpayer knows where the local school's district office is or what hours they are open, they can contribute right online.
They will have a receipt for their tax records and can use their credit or debit card to do so.
Last year, contributions of $43.
9 million were made and that number should be much higher.
Our children receive a direct benefit with these funds and extra-curricular activities, which are often eliminated when educational funds are lean, can be provided.
When these extra-curricular activities are provided, those students who can not afford to pay fees for these activities can participate.
It is a true win-win for our educational system.
So, taxpayers, whip out those credit or debit cards and go to your community school's Web site (or stop by their offices) and select how you want your Arizona taxes spent.
Our state's children will be the beneficiaries!
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