TAX CREDITS

Both of the Estrella schools would be appreciative of financial support through tax credits. This form is easy to fill out and anyone can participate.

*I should point out that I am NOT an expert and am sharing what I know from past experience. Please contact the Liberty Elementary School District with any questions. 623-474-6600.

A "tax credit" is a dollar-for-dollar reduction in actual tax owed to the State of Arizona.

If you are single or head of household, you can reduce your tax liability by up to $200.

If a married couple is filing, they can reduce their tax liability by up to $400.

So if John and Jane Doe donate the full $400 to a school in the Liberty Elementary School District, they reduce their Arizona state tax bill by that same amount of $400. Or you can think of it like this... they've now increased their tax refund by $400.

This year's tax credit must be received by the District no later than December 31, 2015.

Retired and not sure where to put the funds? The two schools in Estrella are Estrella Mountain Elementary and Westar Elementary. The District has a total of six schools now and all are listed on the tax credit form.

Not only can you pick which school receives funds, you also choose how the monies are used.

Since our daughter LOVES sports, we choose the "General Athletics" fund. Other options include General Academics/Character Education Fund, General Fine Arts, or "Activity Fee." At the bottom, you'll even see a little box where you can apply your donation to a "scholarship fund." Please be sure to contact the District with any questions about these specific choices. 623-474-6600.

Learn more about tax credits in the State of Arizona here.

CLICK HERE FOR THE LINK TO THE ARIZONA TAX CREDIT FORM FOR ESTRELLA SCHOOLS.

Interested in all of your tax credit options?

The State of Arizona Department of Revenue has a great web page that breaks down all kinds of tax credits. Please click here to see it.

I have a local friend who is quite passionate about the Working Poor Tax Credit. “What was formerly known as the Working Poor Credit is now officially known as the Credit for Donations made to Qualifying Charitable Organizations. This change was made in 2013 to reflect the expansion of the credit to include Foster Care organizations.” Here's the link. The state notes Qualifying Charitable Organizations provide assistance to residents of Arizona who either receive Temporary Assistance of Needy Families (TANF) benefits, are low income residents of Arizona, or are children who have a chronic illness or physical disability. The Homeless Youth Connection has a breakfast explaining this tax credit next week. Please RSVP to attend.

CLICK HERE TO SEE TAX CREDIT INFORMATION FOR THE STATE OF ARIZONA.

*Once more, I am not an expert in any of this. I highly recommend you contact the State of Arizona or the Liberty Elementary School District with any questions. The information here is provided strictly as another option to support schools in Estrella. Cheers!

WOULD YOU LIKE TO SEE HOW FUNDS ARE USED IN ESTRELLA'S SCHOOLS?
SIGN UP FOR A TUESDAY TOUR.

ESTRELLA MOUNTAIN ELEMENTARY: (623) 327-2820
WESTAR ELEMENTARY: (623) 327-2840

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HOMELESS YOUTH CONNECTION
Empowering Youth Breakfast – October 22, 2015
Tuscany Falls Golf Resort, Pebble Creek
7:00 am registration 7:30 – 8:30 am Breakfast & Program

The breakfast is a one-hour informative event.  Guests will learn about homeless youth in the West Valley and how HYC helps them stay in school so they can graduate.  Guests will also learn about the benefits of the “Qualifying Charitable Organization” tax credit and how they can use it to support HYC.  This event is truly a “win, win” for everyone.

PLEASE RSVP TO DAWN BOGART: 602-565-3218 OR [email protected]