GIVE LOCAL KEEP LOCAL WITH THE ARIZONA CHARITABLE TAX CREDIT.
Receive an AZ Tax credit that can be applied to 2021 or 2022 when you donate by April 15, 2022.
Big Brothers Big Sisters of Southern Arizona (SOAZBIGS) is a Qualified Charitable Organization (QCO code 20461) for the Arizona Charitable Tax Credit. When you donate to SOAZBIGS, you can receive a dollar-for-dollar tax credit that reduces the amount you owe the State of Arizona and may increase your state tax refund! You can still give up to the maximum amount for each of the other available Arizona Tax Credits!
The last day to postmark or make online gifts is April 15th – or as adjusted by the IRS – for Arizona Charitable Tax Credit-qualifying contributions credited to the previous calendar year.
Donate up to $400 if you file single or up to $800 if you file jointly on your Arizona tax return, and receive a dollar-for-dollar credit for your tax obligation. YOU DECIDE how your Arizona tax dollars are spent, so keep them right here in Tucson and help ignite the potential in the lives of children in need. EVERY DOLLAR HELPS children facing adversity find friendship and guidance through one-to-one mentoring with a caring adult. EVERY GIFT, large and small, is appreciated and put to good use where needed most.
2021 FEDERAL TAX INCENTIVES
2021 CARES ACT Enhanced Charitable Giving Incentives:
- Taxpayers who do not itemize their deductions can take a one-time deduction of up to $300 when filing single or $600 when filing jointly for gifts made to charitable organizations. The provision IS extended for the year 2021. The provision is intended only for the year 2021. The deduction is ONLY for gifts of cash made in calendar year 2021 and does not cover other types of gifts or contributions made to donor-advised funds or private foundations.
- Suspends the 60 percent adjusted gross income limitation for individuals’ charitable contributions for the year 2021. In a typical year, individuals can only take a charitable deduction of up to 60 percent of their adjusted gross income, no matter how much they give. For 2021, there is no limit, making cash contributions fully deductible.