The Arizona Foster Care Tax Credit helps at-risk foster children and reduces your state income tax. Your donation is a dollar-for-dollar tax credit on your Arizona taxes up $1000. So a gift of $25 means a $25 tax credit!
- A tax credit can reduce what you owe in state taxes by $1000 (married couples) or $500 (single filers).
Even a child with a part-time job, filing a simple form is able to redirect their taxes.
Taxpayers may utilize several tax credits each year: Arizona Foster Care, Private School, and Public School.
One way to make a difference in the lives of children is through the Arizona Foster Care Tax Credit. This is not a tax deduction, rather a tax credit. The tax credit is available only to individuals and residents who file taxes in Arizona.