Arizona Tax Credit
By donating today to the Arizona DeMolay Community Initiative, you can replace the Arizona state taxes you owe or increase your refund up to $800
You save money, we help students
Tax Credit vs Tax Deduction
Allows you to reduce the actual amount of Arizona State taxes you owe or increase your refund
Reduces the amount of income that the State of Arizona taxes (but they still tax that income)
What the Difference Means For You
Tax credits are better than tax deductions because they actually reduce the tax due, not just the amount of taxable income. Your donation to the Arizona DeMolay Community Initiative (QCO 22427) is Tax Creditable, meaning that you reduce the taxes you owe to the State of Arizona or increase your refund dollar-for-dollar up to $800
Other Frequently Asked Questions
Can I claim this tax credit and still donate to the school and foster care tax credit programs?
Yes, they are separate tax credits. When you give to the Arizona DeMolay Community Initiative for the AZ Charitable Tax Credit, you can still give to school, foster care, and veteran tax credits.
Do I have to donate exactly $400 for singles or $800 for married couples?
Amounts lower than $400 and $800 also qualify.
Do I have to itemize my taxes to take the credit?
You may claim the AZ Charitable Tax Credit even if you do not itemize.
Can I break up my donation into monthly amounts?
Yes, you can select the monthly payment option or call our Philanthropy Office at (602) 439-6000 to make arrangements.
Does this tax credit also apply to federal tax returns?
The Arizona DeMolay Community Initiative tax credit is only a dollar-for-dollar tax reduction on your state taxes. You may be also be able to claim a federal tax deduction for the amount donated. Please consult your tax professional
What if I do not owe state taxes?
The Arizona DeMolay Community Initiative tax credit can be carried forward for up to 5 years, reducing future taxes
How do I file for the credit?
There is a simple form 321 that is linked below for your convenience