
The Tax Credit reduces your tax burden to the state of Arizona, dollar for dollar. It also reduces your taxable income to the federal government, usually by 1/3 of your donation. You end up making money and helping a Special Olympics Athlete! Just fill out this simple form and Special Olympics Arizona can start to put your free donation to work right away, helping athletes realize their dream.
Make a donation, get your money back, dollar-for-dollar, in the form of a tax reduction!
Tax Credit Facts
Single individuals (or married, filing separately) can receive a credit of up to $200.
Married couples filing a joint return can receive a credit of up to $400.
A state tax credit will allow you to reduce the amount of your tax liability to the state or increase your refund from the state. If you donate the maximum $400, your Arizona tax bill would be $400 less or your refund would be $400 more.
You may donate less than $400 and be eligible to receive the state tax credit in the amount of your donation. The amount you donate (up to $400) will be the amount you may claim as a state tax credit.
Your donation also reduces your taxable income to the federal government, thereby reducing your tax burden to the federal government usually by 1/3 of the donation amount.
You may pay by check or credit card and a receipt for your tax purposes, will be sent to you.
Donations must be received by December 31st of the tax year to be eligible for the tax credit.
Please forward this to family & friends or print and post at your place of business. Special Olympics Arizona athletes train & compete at no cost thanks to your generosity!
For more information on this tax credit visit the Arizona Department of Revenue website.
| For additional information contact: |
| Doug Taylor |
| Chief Financial Officer |
| Special Olympics Arizona |
| 602.230.1116 |
| Doug@SpecialOlympicsArizona.org |
