Arizona Tax Credit
At GenTech Foundation, we believe every child deserves the opportunity to thrive in a tech-driven world. Your donation not only empowers underserved students with essential skills in coding, robotics, and computer science but also qualifies for a dollar-for-dollar Arizona state tax credit. Join us in building a brighter future for Arizona by supporting real-world tech education for the next generation.
How Does It Work?
It’s as easy as 1-2-3!
- Donate to the GenTech Foundation.
- Reduce dollar-for-dollar what you owe in Arizona state income tax.
- Help build a brighter future for Arizona students.
Your donation to the GenTech Foundation not only empowers underserved youth with real-world tech skills but also qualifies you for an Arizona state tax credit.
If you contribute to the GenTech Foundation by Tax Day, you can claim a tax credit that reduces your state income tax liability dollar-for-dollar. Couples filing jointly can receive a tax credit of up to $987, and individuals can claim up to $495.
GenTech Foundation’s QCO Code: 22756
Frequently Asked Questions
1. Will my donation qualify for the tax credit?
Yes! This tax credit applies to anyone with an Arizona state income tax liability. And using this tax credit does not prevent you from benefiting from other Arizona state tax credits. When you donate, you’ll receive an official receipt for tax purposes.
2. How much can I donate to qualify for the tax credit?
For single filers, heads of household, or married filing separately, you may claim a maximum credit of $495. Couples filing jointly may claim up to $987. You do not need to itemize deductions to claim this credit.
For more information on the Arizona tax credit, please visit www.azdor.gov.
3. Why consider this tax credit?
A tax credit reduces your taxes dollar-for-dollar, making it more beneficial than a deduction.
4. How will my donation help the community?
Your gift enables the GenTech Foundation to provide underserved students with tech education in coding, robotics, computer science, and more. With your support, students gain the skills they need to succeed in Arizona’s growing tech-driven economy.
Consider making a donation today. Your gift will shape the future workforce of Arizona, opening doors for students and transforming lives in our community.