It’s tax time again which means it’s time to use the Graham Greenlee Tax Credit Coalition.
Tell your money where to go! For every $1 you donate, you can get $1 back thanks to the dollar-for-dollar Arizona Charitable Tax Credit.
The Graham Greenlee Tax Credit Coalition promotes the use of the Arizona Income Tax Credit to support local qualifying nonprofits and local schools while saving you money on your Arizona Taxes! Individuals can donate up to $600, joint filers up to $1200.
What is The Graham Greenlee Tax Credit Coalition?
The Graham Greenlee Tax Credit Coalition is made up of local nonprofits approved as Qualifying Charitable Organizations (QCO) with the Arizona Department of Revenue. These nonprofits provide direct services to individuals, children and families throughout Graham and Greenlee counties. The GGTCC is supported by many local partners.
A QCO is a charity that is a 501(c)3 nonprofit organization. It spends at least 50% of its budget on services to Arizona residents who either receive temporary assistance to needy families (TANF) benefits, are low-income residents whose household income is less than 150% of the federal poverty level, or are chronically ill or physically disabled children.
A charity must apply for and meet all requirements of the law to be considered a QCO. You may claim a tax credit for voluntary cash contributions you make during any taxable year to a QCO.