The Qualifying Charitable Organizations Tax Credit is a dollar-for-dollar charitable contribution you can give to Qualified Charitable Organizations like MentorKids (QCO Code: 20325).

With the Arizona Charitable Tax Credit you receive a dollar-for-dollar tax credit (up to $841/married filing jointly or $421/individual) when you file your 2023 state income taxes.

You can make Tax Credit eligible donations until April 15 for the current tax year and apply then to the previous year’s taxes, provided that you haven’t yet filed this year or exceeded your program maximums last year.

The maximum QCO credit donation amount for 2024:
$470 single, married filing separate or head of household; $938 married filing joint.

For more info on how tax credits work, check out the videos, and consult your tax advisor on your specific tax situation.