Toogood's Tax and Accounting

Toogood's Tax and AccountingToogood's Tax and AccountingToogood's Tax and Accounting
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    • Home Page
    • Portal
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    • Contact
    • Newsletter
    • Privacy Policy
    • Personal Tips
    • Business Tips
    • Charitable Deductions
    • Medical Deductions
    • IRS "Dirty Dozen"

Toogood's Tax and Accounting

Toogood's Tax and AccountingToogood's Tax and AccountingToogood's Tax and Accounting
  • Home Page
  • Portal
  • Office Staff
  • Contact
  • Newsletter
  • Privacy Policy
  • Personal Tips
  • Business Tips
  • Charitable Deductions
  • Medical Deductions
  • IRS "Dirty Dozen"

 Donations must be to a qualified, tax deductible charity.
Bring in all letters and receipts from the charities. 

You may be entitled to an Arizona tax credit along with a federal tax deduction. You do not need to itemize to get this credit.

Need Help Making Charitable Donations that Qualify for Tax Credits?

Visit our our link at https://aztaxcreditfunds.com/toogoodstax ; 

here you can find qualifying organizations, make a donation, and have your summary statement sent to us all from one easy-to-use website. 100% of the donations pass through to the organization you choose.

Click the links below for lists of AZ Qualifying Charities and Foster Care Organizations

AZ 2022 Qualifying Charitable Organizations 


2022 Contribution amounts eligible for credit: $400 for single filers / $800 for joint filers.


AZ 2023 Qualifying Charitable Organizations


2023 Contribution amounts eligible for credit: $421 for single filers / $8 for joint filers.

AZ 2022 Qualifying Foster Care Organizations 


2022 Contribution amounts eligible for credit: $500 for single filers / $1000 for joint filers.


AZ 2023 Qualifying Foster Care Organizations


2023 Contribution amounts eligible for credit: $526 for single filers / $1051 for joint filers.  

Popular Tax Credits

Military Family Relief Fund
The Arizona Military Family Relief Fund was established by the Arizona legislature in 2007 to provide financial assistance to the families of currently deployed Service Members and post 9/11 Military and Veteran Families for hardships caused by the Service Member's deployment to a combat zone. Contribution amounts eligible for credit: $200 for single filers / $400 for joint filers.


Public School Tax Credit
An individual may claim a credit for making contributions or paying fees to a public school for support of eligible activities. Be sure to bring in your receipt from the school showing your contribution amount.  For the purpose of claiming Arizona’s tax credit for contributions made or certain fees paid to a public school, the Arizona Department of Revenue now requires taxpayers report the school’s County Code, Type Code, and District Code & Site Number (CTDS) number. Contribution amounts eligible for credit: $200 for single filers / $400 for joint filers.


Private School Tuition Organization Tax Credit

2022 Contribution amounts eligible for credit: $623 limit for single filers / $1,245 for joint filers.

2023 Contribution amounts eligible for credit: $655 limit for single filers / $1,308 for joint filers.


Certified School Tuition Organization Tax Credit

This tax credit is available to individual taxpayers who donate the maximum amount allowed under the Credit for Contributions to Private School Tuition Organizations and make an additional donation to a Certified School Tuition Organization. 


2022 Contribution amount eligible for credit: $620 limit for single filers / $1238 for joint filers. 

2023 Contribution amount eligible for credit: $652 limit for single filers / $1301 for joint filers. 


Here is a list of the School Tuition Organizations certified to receive donations.




Non-cash donations to charitable organizations are eligible for deduction based on the actual value of goods donated. Links to help you determine the value of non-cash contributions such as furniture, appliances, clothing.


Salvation Army Valuation Guide 


Goodwill Valuation Guide


All deductions must have a receipt. Any individual contributions over $250 require a letter from the charity. Extra forms need to be filed for non-cash donations over $500. A written appraisal is required for items over $5,000. Cars, boats and planes have different rules.

Examples of Qualified Charities

Examples of Qualified Charities

Examples of Qualified Charities

 Religious organizations

Nonprofit schools
Nonprofit hospitals

Volunteer fire companies

Public parks and recreation facilities

Federal, state and local governments 

If the contribution is solely for public purposes

Public charities 

Goodwill

Salvation Army

Red Cross

United Way

Boy/Girl Scouts

War veterans groups

Examples of Qualified Expenses

Examples of Qualified Charities

Examples of Qualified Charities

 Aid to evacuees

Bargain sales to charity

Benefit performances, book samples, films and recordings

Charitable travel

Church building funds, church dues

Foster parent expenses

Medical equipment

Property donated, rent in excess of fair rental value

Tickets donated for resale

Uniforms

TOOGOOD'S TAX AND ACCOUNTING, PLLC
595 SOUTH MAIN STREET 

FLORENCE, AZ 85132
Phone: 520-868-1040  


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