(Update 1/18/23: Reposting for 2022/2023 taxes; let us know if there are similar programs – I believe Ohio has one now)
Reader Ana Acosta and some Reddit users let us know about a few tax credit opportunities for residents of Arizona. It can amount to at least $1,100 per person ($2,200 for a couple) which gets fully refunded on your tax return and thus costs you nothing – assuming you have a tax burden of at least that amount.
Overall it sounds like a possibility to do some good at now cost; plus, presumably you can donate with a credit card and rack up $1,100/$2,200 in free spend.
Note, you can donate until April and still count it for the prior year. Also note, these donations are apparently not deductible on the federal level since you are getting the money back on the state level.
-  Donate $400 to a Qualifying Charitable Organizations (QCO)
- Donate $500 to a Qualifying Foster Care Charitable Organizations (QFCO)
- Donate $200 to a public school in this state for support of eligible activities, programs or purposes
- Someone mentions something about donations of about 2 x $1,000 to private schools as well, but I don’t have more info on that one
I’m not from Arizona and haven’t researched this thoroughly, but thought it worth a headsup about this opportunity for members of that state. Feel free to discuss further in the comments or to read further at the links above to find out more and verify. If anyone can add easy links of worthy places to make these donations that’ll be helpful to others as well.
Also let us know if there are similar programs from other states.
