As we approach the end of the year, we want to take a moment and remind our community of the tax credit opportunities available to individuals with an Arizona state tax liability that allow you to receive a dollar-for-dollar tax credit.
Not only do you receive this credit, but this gives you the ability to speak into where your tax dollars are being spent. Most importantly, you can help make a Christian education an affordable option for families.
There are many school tuition organizations (STOs) available for individuals or married couples to make a tax credit donation benefiting Valley Christian families. We encourage our families, especially those receiving STO dollars, to participate in the program and help make a Valley Christian education an option for every family who wants to attend. For Tax Year 2018, a Married Couple filing jointly can claim a maximum credit of up to $2213, a Single taxpayer up to $1107, or their total tax liability, whichever is less. These amounts are the total of Arizona’s two Private School Tax Credits—Original and Overflow.
Our preferred partner is Arizona Christian Schools Tuition Organization (ACSTO). We encourage our families to utilize the tax credits and ask your friends and families to participate, designate Valley Christian Schools, and designate a VCS student if they choose.
Once you’ve made your donation to an STO, if you still have a state tax liability, we encourage you to consider supporting the Public School Extracurricular or Character Ed Program and designate one of these Chandler Unified District Schools: Galveston Elementary, Hartford Elementary, Frye Elementary, or Willis Junior High. For more general info on this tax credit opportunity, please visit: https://azdor.gov/tax-credits/public-school-tax-credit.
Additional tax credit opportunities exist for families to support Foster Care and our Military Families. You can learn more about these and other credits here.