AZ State Tax credits - tax year 2024

Arizona has one of the most robust state tax credit programs in the country. AZ taxpayers have the opportunity to make contributions to certain charities, or schools, and allow those donations to go directly against AZ tax, as an actual credit not simply a deduction. Married filing Jointly taxpayers can utilize AZ credits up to a total of $5,821 for tax year 2024.

These are non-refundable credits which simply means that you must have to had paid AZ tax throughout the year. If you have a job, or take any form of taxable income, you likely have tax liability and thus can use the credits. See us for information on your personal situation.

EXAMPLE: - normal refund situation

2,500         Your AZ Tax Liability for 2024

4,000         What was withheld through your employer

1,500         AZ Tax Refund

EXAMPLE: - with maxing AZ credits

2,500         Your AZ Tax Liability for 2024

2,500         Max AZ credits (cannot be more than you tax liability; if so, it can carry forward 5 yrs)

4,000         What was withheld through your employer

4,000         AZ Tax Refund*

* In this scenario, the 2,500 you donated to charities, would come right back to you via a refund.

Below is a list of the available credits, the limit to each one, and where to find the list of qualifying donation recipients for each credit type.

• $470 for Single, Head of Household, or Married Filing Separate
• $938 for Married Filing Joint
• Must be made by 4/15/2025 to claim for 2024 Tax Year
• Must be a charity on this list:  https://azdor.gov/sites/default/files/2024-01/CREDITS_2024_qco.pdf

• $587 for Single, Head of Household, or Married Filing Separate
• $1,173 for Married Filing Joint
• Must be made by 4/15/2025 to claim for 2024 Tax Year
• Must be a charity on this list:   https://azdor.gov/sites/default/files/2024-01/CREDITS_2024_qfco.pdf
• Our favorite QFCO: https://cfcare.org/

• $200 for Single, Head of Household, or Married Filing Separate
• $400 for Married Filing Joint
• Must be made by 4/15/2025 to claim for 2024 Tax Year
• Must be an Arizona public school:    https://azdor.gov/sites/default/files/document/PUBLICATION_2024_ADESchoolListing.pdf

• $731 for Single, Head of Household for "Original" credit amount, plus another $728 for the "Switcher" amount if the student qualifies - Total up to $1,459 for single
• $1,459 for Married Filing Joint for "Original" credit amount, plus another $1,451 for the "Switcher" amount if the student qualifies - Total up to $2,910 for married
• Must be made by 4/15/2025 to claim for 2024 Tax Year
• Must be made to an organization on this list:     https://azdor.gov/sites/default/files/2023-06/REPORTS_sto-i-list.pdf
• Two most popular in AZ: https://www.azto.org/   AND   https://acsto.org/

• $200 for Single, Head of Household, or Married Filing Separate
• $400 for Married Filing Joint
• Must be made by 12/31/2025 to claim for 2025 Tax Year
• When annual maximum contributions received, no additional funds accepted 
• Not allowed to be carried forward
• Must be made here:  https://dvs.az.gov/donate/military-family-relief-fund-2025