Receive a tax credit for your donation to AAFB! Under Arizona law (ARS43-1088.G.2), AAFB is recognized as serving the working poor. If you qualify, it is possible to receive a
FULL TAX CREDIT of up to $200 (filing as a single unmarried head of household) or $400 (married filing joint) for donating to AAFB. Not only can you receive the Arizona tax credit, but you can also include the donation on your Federal Tax Return. Always consult with your tax preparer or financial advisor, and visit
www.azdor.gov or call
1-800-843-7196 for more information. If you donate to a public school or a tuition assistance organization, you can receive all three tax credits.
For the 2011 tax year, donations must be postmarked by December 31, 2011.
Another Option: If you are at least 70 1/2 years young, you may qualify to donate from your IRA without triggering tax consequences when you transfer funds directly. Again, consult your tax preparer or financial advisor for specific advice.