Tax Credit Donations - PowerPoint PPT Presentation

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Tax Credit Donations

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Your total tax bill will be decreased by the EXACT dollar amount that you contribute. ... the amount of this donation will be ADDED to your refund amount. ... – PowerPoint PPT presentation

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Title: Tax Credit Donations


1
Tax Credit Donations
  • What is an ECA (Extra Curricular Activity) Tax
    Credit Donation?
  • This is a way of directing where your tax dollars
    are spent.
  • You CHOOSE where to distribute the tax dollars
    you are already paying.
  • How does it work?
  • Your total tax bill will be decreased by the
    EXACT dollar amount that you contribute.
  • This donation does not increase your taxes in any
    way. If you have a refund coming,
  • the amount of this donation will be ADDED to your
    refund amount.
  • You are simply telling the State of Arizona that
    you have already given this amount
  • to your school of choice and they will deduct
    this amount from your tax liability.
  • Who can donate?
  • EVERY PERSON who pays taxes in Arizona
  • including parents, grandparents, neighbors and
    friends.
  • You dont even need to have a child at EDUPRIZE!
  • How much does it cost?
  • Its FREE!
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