If you are an Arizona taxpayer, you are eligible to receive a tax credit for your donation to qualifying Foster Care agencies. You actually just redirect a portion of your state tax dollars at no additional financial cost to yourself! The Arizona Foster Care Tax Credit allows your donations to GAP Ministries to be credited to you, the taxpayer, not as a deduction but as a tax credit!
Choose how your Arizona tax dollars are spent
up to $500–$1000 to GAP
tax form 352 when filing taxes
a dollar for dollar AZ tax credit
Fill out this form to get more information about GAP and a free lunch on us.
Local accountant explains tax credits
CLICK HERE for a PDF of our Tax Credit form if you would like to mail your check with this form.
Credit Card payments should be done online or you may call us to help you at 520-392-8436. Checks can be sent to:
GAP Ministries 2861 N. Flowing Wells #121 Tucson, AZ 85705
DID YOU KNOW?
• The Foster Care tax credit reduces what you owe in state taxes by $1000 (married couples) or $500 (single filers).
• There is no need to itemize.
• Taxpayers may utilize several tax credits each year: Foster Care, Private School, Charitable Organizations and Public School.
• Look at last year’s state tax return to see what your state tax liability was. If your situation hasn’t changed, the amount should be similar. On Form 140 it’s line #46, 140EZ line#9, and 140A line #21
Make 12 monthly payments of just $83.34 for a $1000 Tax Credit or $41.67 for a $500 Credit. Or divide the amount you want to give by the remaining months this year. You can also choose any amount that is right for you. When GAP receives your last payment in December you will receive your Tax Credit donation receipt.
Monthly giving makes it easier on your wallet and it helps us better budget throughout the year. Monthly tax credit payments are a win/win!
For more information go to: www.azdor.gov/TaxCredits.aspx or contact your tax advisor.
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