Your donation to the QCO tax credit will support organizations assisting low-income children, individuals and families.
Contributions for the 2023 tax year can be made through April 15th, 2024.
Is this donation a dollar-for-dollar tax credit off my Arizona State taxes?
Yes. Up to the maximum yearly donations set by the state, this donation is a dollar-for-dollar tax credit off your Arizona State taxes.
What organizations can receive a Qualified Charitable Tax Credit Donation? Only organizations that have been approved by the State of Arizona to operate as a Qualified Charitable Organization. A list of current organizations that are approved to take these funds can be found on this website.
Can a taxpayer claim multiple tax credits in the same taxable year? Yes.
Can I recommend a specific child receive my donation? No.
What forms should an individual use to claim these credits? Arizona Form 321.
Must the credit for contributions be claimed in the year of donation? No. Credit eligible donations from January 1 through April 15 of a calendar year may be used as a tax credit on the prior year’s tax return. For example, qualifying donations made January 1, 2023 to April 15, 2023 may be used as a tax credit on either your 2022 or 2023 Arizona income tax return.
Can a taxpayer receive a refund of these credits? No. The credits may only be used to the extent they reduce a tax liability to zero. Any unused amounts may be carried forward for up to five consecutive taxable years.
Pounds of Food Distributed
Years Serving Yuma
People Fed Per Month
With the Charitable Tax Credit - Qualifying Organization Code is 20536 - Donate to Yuma Community Food Bank and receive a dollar-for-dollar tax credit through your Arizona tax return. Individuals can receive up to $421 and couples filing jointly up to $841.
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SB1121 Grower Tax Subtraction.
If you are interested in learning more, give us a call!
Also big retail stores can donate - food bank will pick up