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Arizona State Tax Credits

It may be a tax benefit, but for us, it is being part of the Flagstaff community

2022 Tax Year Arizona State Tax Credits

Maximum
Credit

Unmarried

Married
Filing Joint
Public Schools
Credit

$200

$400

Private School Tuition
Credit

$1,183

$2,365

Credit for Qualifying Charitable Organizations

$400

$800

Credit for Foster
Care

$500

$1000

Military Family Relief
Fund

$200

$400

2023 Tax Year Arizona State Tax Credits

Maximum
Credit

Unmarried

Married
Filing Joint
Public Schools
Credit

$200

$400

Private School Tuition
Credit

$1,183

$2,365

Credit for Qualifying Charitable Organizations

$421

$841

Credit for Foster
Care

$526

$1051

Military Family Relief
Fund

$200

$400

All tax information is updated yearly from AZTAXES.GOV.  To See the most up to date information, please see their donation pages –   state tax credits for qualifying charities and state tax credits for foster agencies.

For a full list of all AZDOR state tax credits click here

Synergy Flagstaff is not responsible for changes in information or eligibility of tax credits. The content on this page is for information purposes only.

 

How it Works

*Arizona law allows QFCO donations made during 2022 or donations made from January 1, 2023 through April 17, 2023 to be claimed on the 2022 Arizona income tax return.  The maximum credit that can be claimed on the 2022 Arizona return for donations made to QFCO’s is $500 for single, married filing separate and head of household taxpayers, and $1,000 for married filing joint taxpayers. If a taxpayer makes a QFCO donation from January 1, 2023 through April 17, 2023 and wants to claim the higher 2023 maximum credit amount, the taxpayer will need to claim the credit on the 2023 Arizona return filed in 2024.

*Reference from the Arizona State Department of Revenue

Worksheets & Tools for you

FAQs

Here are some common questions about our services


How much does it cost to start?

It costs 15 minutes of your time to start. The first thing we do is plan a budget and see what fits your business. You’ll remember “there’s no such thing as a free lunch” from school- your time is just as valuable as ours, and our goal is to see what your needs are and how they fit your budget! Tax returns start at $150, and we always provide you pricing on your intial appointment.


Do you offer all services in house?

We offer many services in house, and realize that our best team is spread across many industries!

We offer consulting and have our health insurance broker’s license. Investment bankers to attorneys, we do have a network of professionals we use. We don’t believe any one person can know everything, but our focus is to align your needs and goals.


Do you provide services in Phoenix?

Of course! We travel to Phoenix at least once per month, depending on business. Some of our longest relationships with clients are in Phoenix.


Do you help budget our individual finances?

Absolutely. While the business grows, your individual finances become more important. Maximizing tax credits, financing retirement plans, and even finding the best health insurance will be important! Below are some common state tax credits.