Tuesday, May 26, 2015

Tax Credit Opportunity

As many of you know Micah just turned 5 years old in April.  We would love to provide Micah with an amazing Christian education.  As with any private school, tuition is expensive.  We would love to have everyone support us in this decision.  With your help, the Tuition Tax Credit can make a Christian education for Micah possible.  We will try NCS for kindergarten and determine if that school is the best fit for him in the following years.  We looked into other schools, but the waiting list is too long or the school's philosophy is not in line with ours.

It is now time for us to be thinking about sending Micah to school!  We would love to send him to NCS.

We are not asking for a donation; we are asking you to re-direct your state income taxes to benefit Micah's education.  We need your help!! We are looking for 12 families to help us!  This is a dollar-for-dollar credit against your Arizona income taxes.  Not only would your Arizona tax money go towards Micah's tuition, but it would also be counted as a charitable tax donation towards your federal taxes as well! Would you consider "taking the credit" for Micah?

Here is a brief 2 min video from a different AZ tuition tax organization that explains the process:



How can I "Take the Credit?"
"Taking The Credit" is as easy as:

  1. Fill out the AZTO form online at azto.org.  Click on the DONOR INFORMATION area.
  2. When filling out the Donor Recommendation portion (where you request the student to be chosen), please type in MICAH Getz's name for ORIGINAL and PLUS (if applicable) Tax Credit.  Fill in the information under Adding up the credits.
  3. ADDING UP THE CREDITS for the amount of tax dollars you with to redirect and add up your total credit amount(s).  If you have any questions about this - please contact us!


PLEASE "TAKE THE CREDIT" BY JUNE 26TH!

Frequently Asked Questions

  • What are the maximum credit limits of the "Original" Credit and the PLUS credit?

The credit is equal to the amount contributed.  For tax year 2015, the "original" tuition tax credit allows single taxpayers or heads of households to claim a credit up to $535.  For married taxpayers that file a joint return, the credit allowed is up to $1,070.  For married taxpayers who file separate returns, each spouse may claim only 1/2 of the credit that would have been allowed on the joint return.  The PLUS (private learning uplifting students) credit allows married couples to claim an additional  $1,064 and allows individuals to claim an additional $532 after the "original" tuition tax credit limits are met.  Arizona income taxpayers may claim both tuition tax credits totalling up to $2,134 for married couples filing jointly and $1,067 for individuals.


  • How do I make redirect my taxes?

You may make a credit card contribution online at www.azto.org.


  • How will I receive a receipt for my tax credit donation to AZTO?

All donors will receive a receipt via mail by January 31st for donation made the prior year.  If making a donation online, you will additionally receive an emailed receipt within moments after completing the online donation.  A valid email address is required.  For donations received in the first quarter of the year, receipts are issued and mailed every 3-4 weeks for the prior tax year donations.


  • Where are the tax forms available to claim the credit?

Arizona Forms 301, 323, and 348 are available at www.azto.org.


  • May we recommend a grandchild to receive a tuition grant?

Yes, as long as the student is not a legal dependent.


  • Who may claim these tax credits?

These credits are available only to individuals who file Arizona state income taxes.

Tuition Tax Credits“Original” Tax Credit Maximum for 2015PLUS Tax Credit Maximum for 2015Total 2015 Maximum Tax Credit
Married Jointly (filing status)$1,070$1,064$2,134
Individual (filing status)$535$532$1,067
Tax FormsForm(s) 323/301Form(s) 348/301Form(s) 323/348/301

We are always so blessed by our readers! THANK YOU FOR YOUR PRAYERS AND SUPPORT!  We want to thank you personally!  Please contact us if you "take the credit" for Micah!

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