Arizona Tax Credit
Give $200 (individually) or $400 (married couple) to Along Side Ministries and take that amount off your Arizona income tax.
A Tax Credit is much better than a Tax Deduction. A Tax Credit gives you full credit for the donation, thus reducing your Arizona Tax Liability.
Example: If your Arizona income tax is $500 and you had $1,000 in withholdings. Your refund from the state would be $500...
If you donate $400 (married couple) to Along Side Ministries, your refund from the state would be $900.
If the allowable tax credit is more than your tax, or if you have no tax this year, you may carry the unused credit forward for up to the next 5 years. Simply file an AZ form 321 with your tax return. Please consult with your tax advisor.
Your donation must be postmarked by December 31st. The example shown above reflects a married couple filing a joint return. You must itemize deductions to take advantage of this credit.
If you need more information, on this incredible way to support the ministry, contact Ignacio Medrano, at: imedrano@asmaz.com.