WHAT IS AN AZ TAX CREDIT?
An AZ tax credit is a dollar-for-dollar reduction of the AZ income tax you owe. For example, if you owe $1,000 in AZ taxes, but are eligible for a $1,000 tax credit, your net liability drops to zero.
HOW DO YOU GET AN AZ TAX CREDIT?
You can reduce your AZ tax liability by up to $4,635 (for married couples filing jointly) by donating to the approved AZ organizations that are Qualified Foster Care Organizations, Qualified Charitable Organizations, Private Schools or Public Schools.