Step 1
Donate to St. Vincent de Paul to support needy families in Arizona.
Step 2
File your taxes and claim the credit by using AZDOR Form 321
Step 3
Receive your tax credit! (up to $938)
How is a credit different from a deduction?
A deduction reduces the amount of your income upon which the tax is determined. A credit reduces your tax liability as if you had already paid the tax.
Below are simplified examples that demonstrate the difference.
TAX DEDUCTION EXAMPLE
Mary and John earned $50,000 this year. They made an $938 gift to ABC Charity. Although ABC Charity is a nonprofit 501(c)3, it is not a Qualifying Charitable Organization for the tax credit. Mary and John can take a deduction for their gift which, after itemizing deductions, reduces their taxable income by $938. Their tax liability is now based on $49,062.
TAX CREDIT EXAMPLE 1
Betty and Ralph earned $50,000 this year. They made an $938 gift to SVdP which is a Qualifying Charitable Organization for the tax credit. Their Arizona tax liability based on $50,000 in earnings is $1,680. They can take an $938 credit against their tax liability reducing it to $742.
$1680 Betty and Ralph's original AZ tax liability
− $938 AZ Charitable Tax Credit
$742 Betty and Ralph's final AZ tax liability
TAX CREDIT EXAMPLE 2
Sam and Linda earned $50,000 this year. They made an $938 gift to SVdP which is a Qualifying Charitable Organization for the tax credit. Their Arizona tax liability based on $50,000 in earnings is $1,680. Their payroll withholding for state taxes was $1,500. After applying their tax credit for their gift to SVdP, they received a refund of $758.
$1680 Sam and Linda's original AZ tax liability
− $938 AZ Charitable Tax Credit
$742 Sam and Linda's final AZ tax liability
− $1500 Payroll Withholding
$758 Refund due Sam and Linda
FREQUENTLY ASKED QUESTIONS
Yes. The maximum amount that can be claimed on the 2023 Arizona Income Tax Return is $841 for joint filers and $421 for single filers. Donations made for the 2024 Arizona Income Tax Returns can be up to $938 for joint filers and $470 for single filers. Learn more about this change: https://azdor.gov/tax-credits/contributions-qcos-and-qfcos
Credit for Contributions to Qualifying Charitable Organizations was formerly known as the Working Poor Tax Credit. Donors may now take up to $470 in tax credit and couples filing jointly may take up to $938 in tax credit for gifts made to St. Vincent de Paul.
Yes. Each tax credit is separate, so you can take the Charitable Tax Credit in addition to tax credits for schools and foster care agencies. See Form 301 on the Arizona Department of Revenue’s website for other credits you may be able to take.
You do not have to donate the whole amount at once. Donations given throughout the year that add up to the $470 and $938 limits qualify for the tax credit. We can even set up a monthly gift option for you to spread the gifts out over the year. For more information, please call Donna Rodgers at 602.261.6884.
You simply need a receipt from St. Vincent de Paul, which every donor receives in the mail after making a monetary gift. The form you need to take the tax credit is Arizona Form 321, which is available on the Arizona Department of Revenue’s website and is included with many of the available self-filing tax programs like Turbo Tax.
No. The Tax Credit only applies to voluntary cash donations.
St. Vincent de Paul’s tax ID is 86-0096789. Our Arizona QCO code is 20540.