Your Tax Credit Makes a Big Impact
Redirect your Arizona tax liabilities to help lower a child's private school tuition. Your contribution won't be an additional cost to you. You will receive a dollar-for-dollar tax credit in return. Monthly tuition financial aid awards will comprise at least 90% of each contribution.
How Tuition Tax Credit Works?
Individual Tax Credit
Crédito de impuestos individual
In Arizona, individuals can receive a dollar-for-dollar tax credit for supporting School Tuition Organizations (STOs) that provide financial aid to K-12 students attending private schools in the state. For example, in 2023, individuals can claim up to $652 and married couples can claim up to $1,301 in "Switcher" credits, but only after contributing the maximum credit amount allowed for the "Original" Individual Income Tax Credit ($655 for individuals, $1,308 for joint filers in 2023).
- For more information about the Tuition Tax Credit Law please visit HERE.
HOW MUCH CAN I CONTRIBUTE?
You can contribute up to the combined maximum of the Original ARS 43-1089 and the Switcher ARS 43-1089.03, or your actual Arizona tax liability, whichever is less, and receive a dollar-for-dollar Arizona state tax credit. If you have no liability, you cannot receive a dollar-for-dollar tax credit. For tax filing purposes, the total amount is broken down into two (2) categories: (Individual Original & Individual Switcher tax credit).
HOW TO CONTRIBUTE:
Step 1: Identity how much is your Arizona state tax. (If you receive a W2, check your last Pay-stub or your W2 slip for the amount of your State taxes)
Step 2: Fill out the online or printable Individual donor form.
Step 3: See chart above for total tax credit allowed for each year. Please note for tax filing purposes, the total amount is broken down into two (2) categories: (Individual Original & Individual Switcher tax credit) which will be shown on your official tax receipt
If your income tax is above the maximum amount allowed for filing jointly or filing singly, then do the following:
- Select the dollar amount for your filing status (married/jointly or single) on the contribution form.
If your income tax is less than the maximum amount allowed for filing jointly or filing singly, then do the following:
- Select "Other Amount" on the contribution form and type the total amount of your tax credit contribution, ONLY.
Step 4: List your recommended student(s)/ school (optional) and complete your payment.
Step 5: Once STO4KIDZ receives your payment, we will email or mail you an official receipt with instructions on how to claim your tax credit and the tax forms to use when filing your state taxes.
STO4KIDZ accepts contributions throughout the year. Contributions must be made prior to filing your taxes but no later than April 15.
When filing your PERSONAL taxes, you can claim the tax credit by using Arizona forms 301 and 323 along with state income tax forms. However, if you contribute to the Switcher program as well, you need to file a 348 form. Using AZ Schedule A to claim the federal deduction is optional (Must consult your tax advisor).
- Form 301 (Tax Credit Summary) (Instruction)
- Form 323 (Individual Original Tax Credit) (Instruction)
- Form 348 (Individual Switcher Tax Credit) (Instruction)
- AZ form 140 (Itemized deduction adjustment) (Instruction)
All these forms and more can also be found at AZDOR.GOV.
Yes! You may recommend anyone who is not your child or dependent. STO4KIDZ selection committee retains discretion regarding all awards. If you have no student preference, you have the option to recommend a private school of your choice. Your tax contribution will then be considered for students attending that school who have completed applications with STO4KIDZ, or you may contribute to STO4KIDZ general funds to be awarded to any qualified student at a private school. The law prohibits parents from swapping tax credit to benefit either taxpayer’s own dependent.
A minimum 90% of your contribution is used for scholarship award on a monthly basis.
Yes. STO4KIDZ is a tax-exempt charitable organization pursuant to federal law, Section 501(c)(3). Federal I.D. Number 82-4886421
An official tax receipt will be emailed to your provided email address. If you need a receipt immediately, please contact us at INFO@STO4KIDZ.ORG. We will gladly accommodate your request.
STO4KIDZ is a 501(c)(3) non-profit, charitable organization. You should consult your tax advisor for your specific tax question.
We sincerely welcome and appreciate your support and participation in this most worthwhile program at no out-of-pocket cost to you.