Your generosity and continued support sustains this lifestyle for them. If you are a resident of Arizona, your donation will allow you to take part in the Arizona tax credit program, reducing your Arizona tax bill by up to $841 per household ($421 per individual).
The process is simple: · Donate up to $421 per individual or up to $841 per household. At the end of the year, claim a tax credit equal to your donation by submitting Form 321 to the Arizona Department of Revenue with your taxes.
Example: If Mr. & Mrs. Smith, a married couple filing jointly, donate $800 to Goldensun, they will receive up to $800 credit* on their Arizona taxes AND a deduction on their Federal taxes, dependent upon their tax bracket. Unlike other charitable contributions, state tax credits give you a dollar-for-dollar credit (not deduction) from your state taxes as well as a deduction from federal income tax. You can split your tax credits between two different non-profit 501(c)3 groups; and you can contribute the full amount to a nonprofit such as Goldensun and then also the full amount to a public school you wish to support. Learn more about this tax credit program at the following websites:
