Let’s work together to ensure that our local nonprofits continue to thrive, making Flagstaff a better place for all.
Understanding the Arizona Charitable Tax Credit
The Arizona Charitable Tax Credit allows taxpayers to contribute to qualifying charitable organizations and receive a dollar-for-dollar reduction in their state tax liability – up to $470 for individuals and $938 for couples filing jointly in 2024. This means your contribution supports vital services but also directly reduces the amount you owe in state taxes.
The Flagstaff Tax Credit Coalition: A Unified Effort for Local Impact
The Flagstaff Tax Credit Coalition is a collaboration of local nonprofits dedicated to raising awareness about the tax credit and its benefits to our community. Members include organizations such as Cancer Support Community, Habitat for Humanity and Flagstaff Family Food Center, among others. By donating through the coalition, you ensure that your contributions address critical local needs – from youth mentorship and education to housing and health care.
Diverse Services to Match Your Passions
The coalition’s member organizations offer a wide array of services, ensuring that you can support a cause that resonates with you:
- Youth Development: Programs like those offered by Big Brothers Big Sisters of Flagstaff provide mentorship opportunities, helping children reach their full potential.
- Housing and Homelessness: Organizations such as Flagstaff Shelter Services work tirelessly to provide shelter and resources to individuals experiencing homelessness.
- Healthcare Access: North Country HealthCare ensures that affordable healthcare services are available to all members of the community.
- Education and After-School Programs: The Boys & Girls Club of Flagstaff offers after-school programs that keep children engaged and learning in a safe environment.
By choosing to direct your tax credit to one or more of these organizations, you can support causes that align with your personal passions and values.
How to Get Involved
Make Your Secure Online Donation: Go to Flagstafftaxcredit.org and click on the Donate button. You can also search through frequently asked questions or learn more about the impact of our member organizations.
Choose a Qualifying Organization: Select one or more nonprofits from the list of qualifying charitable organizations in Flagstaff.
Make Your Contribution: Donate up to $470 individually or $938 as a couple before the tax filing deadline.
Claim the Credit: When filing your Arizona state taxes, use Form 321 to claim the credit and reduce your tax liability.
By taking these steps, you not only benefit from a tax credit but also play a crucial role in strengthening our Flagstaff community. Let’s work together to ensure that our local nonprofits continue to thrive, making Flagstaff a better place for all. FBN
By Jason Dorsch
For more information on the Arizona Charitable Tax Credit and to find a list of qualifying organizations, visit www.flagstafftaxcredit.org.
Jason Dorsch is the owner of The Physio Shop and board president of Big Brothers Big Sisters of Flagstaff.
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