Thanks to the Arizona charitable tax credit law, state taxpayers now have more incentive to make cash donations to qualified charitable organizations such as Habitat for Humanity Central Arizona. Contributions may earn a dollar-for-dollar tax credit up to $400 on a joint return and $200 on a single return on Arizona income tax (if itemized). Cash contribution will receive a formal thank you letter, which can serve as a donation receipt for tax purposes.
PLEASE NOTE: The summary was prepared as an informational service and is not intended as legal or tax advice. Consult your own legal or tax advisor before making any decision based on its information.
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