3 Myths About the Arizona Charitable Tax Credit, Busted

The Arizona Charitable Tax Credit has changed over recent years, so you may not be up to date with all of the existing rules. Or perhaps you’re just finding out about it and are looking to understand it a bit more clearly. Whatever the case may be, we’re here to get you up to speed on some ins and outs of the Arizona Charitable Tax Credit.

Myth #1: Donations Can Be Made By Corporations

In order to claim the Arizona Charitable Tax Credit, a donation has to be made by individuals. Organizations such as corporations, partnerships, foundations, and more do not qualify. Another thing to keep in mind is that the donations must be made in cash and that items donated such as clothing, toys, and services do not count.

This limitation shouldn’t discourage corporations from making donations of money, items, or time, however! There are plenty of ways for organizations to get involved with Paz de Cristo. Groups are welcome to help out with our evening meals. Paz de Cristo has offered dinner to the community every night since 1988, and we’d love it if your team could be a part of that!

Myth #2: The Maximum Allowable Credit Is $400

While this is true for single taxpayers, those who are married and filing separately, and heads of households, it is not true across the board. When it comes to joint taxpayers, the maximum allowable credit is actually $800! When you direct these funds to Paz de Cristo, we put them towards our goals of feeding, clothing, and empowering those in our local area. We do this by providing Grab n’ Go dinners and emergency food boxes, offering showers and clothing on a weekly basis, and providing requested documentation and mail to community members.

Myth #3: You Need to Contribute Before Dec 31 to Receive the Credit

Many people operate under the misunderstanding that Arizona taxpayers must make their charitable contributions prior to December 31 to be eligible for state tax credits for that year. Arizona permits taxpayers to claim tax credits for gifts through April of the current year for the tax year prior. The deadline for making a charitable contribution was moved to mid-May for taxpayers looking to file and claim for the 2020 tax year.

In the year 2020, most charitable dollars went to religion, with education, human services, grantmaking foundations, and public-society benefit following afterward. Whatever you’re donating to, be sure that you are making the most of your donation and claiming your Arizona tax credit federal deduction. We at Paz de Cristo would be happy to work with you, explaining the process more thoroughly and seeing how you could contribute to the hard work that we do.

How Paz de Cristo Is Getting People Through the Pandemic

There are currently over 1.54 million charitable organizations in the United States, according to the most recent available data. Paz de Cristo is one of these many charities striving to improve the lives of those in the community that we serve. While there has always been crucial work to do, the importance of our duty has only increased since the start of the pandemic. Here are just a few ways that we are working to take the weight off people’s shoulders.

Offering Clothes

Providing clothing to those who need it is not a responsibility that we take lightly. It’s an essential service that we are happy to provide. We are happy to provide showers for those who need them on Wednesdays from 8:00 AM to 12:00 PM. In addition to getting clean, individuals can receive a hygiene kit as well as some wardrobe necessities — underwear, socks, and a new t-shirt. This is not the only available time where people can come to us for clothes, however. We also offer $30 clothing vouchers on Thursdays at 1:00 PM. Clothing is also available at our dinner hour.

Providing Meals

There are more people in need of a hot meal than many of us are aware of. While someone may appear to be thriving on the surface, the reality is that they could be worrying about where their next meal is coming from. This fact may be uncomfortable for many to discuss, but it’s something that’s important to be aware of, and it’s why we are passionate about putting food on the table for whoever needs it in our community. We offer nightly dinners, as well as emergency food boxes and food boxes for the homebound.

Building Confidence

When faced with a circumstance that may sometimes feel out of our control, having autonomy is truly empowering. This is the reason why we offer people methods of accessing their mail, birth records, and Arizona identification. In addition, we have a mobile medical clinic set up for two hours every Wednesday, from 10:00 AM to 12:00 PM. Giving community members ways to obtain their own information and basic medical care is something we are truly proud of.

To learn more about Paz de Cristo and our efforts to help those suffering from the emotional and financial effects of COVID-19, give us a call or visit our website, www.pazdecristo.org.  Whether you are looking for a volunteer opportunity or a way to donate our working poor charity, we encourage you to reach out.