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"Special Olympics Arizona is grateful for Law Enforcement Officers."
- Tim Martin, CEO & President of Special Olympics Arizona

Charitable Tax Credit Organization FAQ's

Special Olympics Arizona is now a qualifying charitable tax credit organization!

Where do I send my donation?

Donations for your state tax credit can be sent directly to our Support Services office at 2100 S 75th Ave Phoenix, AZ 85043


Purpose

This program provides an incentive for individuals to donate to non-profits that assist lower-income Arizonans and children with disabilities and chronic illnesses.


Eligibility

Taxpayers do not need to itemize on their Arizona tax returns to receive the state credit.  It is not refundable, but unused amounts can be carried forward up to five years.  Taxpayers filing as "single" and "head of household" status may claim a maximum credit of $400.  Taypayers filing as "married filing separate" may claim a maximum credit of $400.  Those taxpayers that file as "married filing joint" may claim a maximum credit of $800.


How it works

The State of Arizona offers its taxpayers the opportunity to make contributions to schools and nonprofit organizations that reduce the amount of tax owed to the state or increase the amount of the taxpayer's refund, dollar-for-dollar.  There is NO NET COST to the donor, and deserving individuals around the state benefit.  As long as your tax liability exceeds the credit parameters of each, you can take advantage of the many tax credit programs available, including the charitable tax credit.


Impact

Special Olympics Arizona serves over 22,000 athletes, partners, and young athletes across the state through year-round sport trainings and competitions, health screenings, and advocacy and inclusionary programs.  95% of each dollar donated goes directly back to providing for these programs.


How does a tax credit differ from a tax deduction?  Can I claim both?

A tax credit is much more beneficial than a tax deduction.  A credit reduces your Arizona income taxes dollar-for-dollar while a deduction only reduces the taxable income upon which taxes are collected.  Please consult your tax adviser for more questions pertaining to eligibility and what might be best for your individual situation.


What if I already give to a school?

You can give to both Special Olympics Arizona and the school of your choice and receive the full tax credit for both donations.  As long as your tax liability exceeds the credit parameters of each, you can take advantage of the many tax credit programs available, including the Charitable Tax Credit.


Do I have to itemize to qualify?

No.  Taxpayers do not need to itemize on their Arizona tax returns to receive the state credit.  It is not refundable, but unused amounts can be carried forward up to five years.


How do I claim my tax credit?

The credit is claimed by filling out the designated lines on your Arizona income tax return and completing Arizona Form 321.  The credit applies only to the extent that you incur an income tax liability.  If your tax liability is under $800/$400, you can either send in a smaller amount, or roll over the excess credit to the following year.  If you have excess taxes paid due to payroll withholding and the tax credit, the excess payroll withholding will be refunded.


Can I claim a charitable contribution as both an Arizona tax credit and a federal deduction?

No.  Any charitable contribution that is included in itemized deductions on your federal return must be removed from your Arizona itemized deductions if contributions were claimed as an Arizona credit.

Please be sure to consult your tax adviser for all eligbility questions or concerns.

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