Teen Challenge of Arizona's New Horizon Christian Academy qualifies for the Arizona School Tax Credit.
Arizona residents can donate funds to private schools and receive a dollar for dollar Arizona State income tax credit, up to $500 for filing single or head of household, or up to $1,000 for married filing jointly.
Consult your tax advisor for detailed informtation about how this tax credit may apply to your tax situation.
A.R.S. Section 43-1089 allows individuals to re-direct their State income tax to School Tuition Organizations that provide scholarships to private school students in Arizona.
This is a WIN-WIN opportunity — donors control how their tax dollars are spent and children receive quality private education.
►Beginning in the 2010 tax year, A.R.S. 43-1089 (G) allows donors to claim an Arizona state income tax credit for contributions made through April 15 to count toward the prior tax year at the election of the donor. The Federal deduction for the donation will apply in the calendar year it was receipted by a School Tuition Organization.
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