|
Please think of Payson Area
Habitat for Humanity (PAHH) as you plan your year-end taxable
donations. This tax credit is applied as a
reduction to your final tax bill.
Thanks to State of Arizona Tax
Bill 43-1088, married couples who file jointly may be able to claim
up to a $400 State Charitable Tax Credit! Individuals may claim
$200. Payson Area Habitat for Humanity, Inc. is certified by the AZ
Department of Revenue to offer this credit. The
Arizona Charitable Tax
Credit (CTC) may be claimed in addition to other types of tax
credits such as those for public schools (Credit for Kids) or school
tuition organizations.
This tax credit is only available
to individuals who have itemized deductions and deducted charitable
contributions on a prior year's Arizona return at least once.
Tax credit dollars are allowed on the amounts above the baseline
dollar amount.
The Arizona Charitable Tax
Credits and School Tax Credits can both be claimed in the same
taxable year.
Due to the uniqueness of each
person's tax situation, the PAHH office staff is not equipped to
help you with CTC details. To obtain further information, please
contact your tax advisor about the Charitable Tax Credit (Tax Bill
ARS 43-1088), call the AZ Dept. of Revenue at 1-800-352-4090, or
visit their website at
www.revenue.state.az.us (scroll down the left column to Refunds
& Credits, a box appears on the right, click/select Charitable Tax
Credit). To print out a Charitable Tax Credit form, locate Form
#321.
You may mail your donation to
PAHH, PO Box 1131, Payson AZ 85547-1131 or hand-carry it to the PAHH
office at 1031 S. Goodfellow Road. The office phone number is
(928) 474-0330. Mailed donations need to be postmarked by
December 31st of the current year tax year to be eligible for the Charitable Tax Credit.
Payson Area Habitat for Humanity is a 501(c)(3)
non-profit organization, IRS/EIN # 86-0818407. |