|
GIVE
UP TO $400…RECEIVE UP TO $400
Interfaith Cooperative Ministries
qualifies under the Helping the
Working Poor tax credit for tax
year 2008 . Taxpayers
filing as single, married filing
separately and unmarried head of
household have a maximum credit
of $200. Taxpayers that are married
filing jointly have a maximum credit
of $400.
Donors
must meet certain criteria. Arizona law (ARS 43-1088) provides a
dollar-for-dollar tax credit for individuals who have itemized deductions on a
prior year’s Arizona return (1996 or later) at least once. The first such year
establishes a baseline year and amount.
-
The credit is figured on
amounts over and above the baseline. A
first-donor to ICM may qualify if all conditions
are met.
-
The credit may be claimed in addition to other types of tax credits , such as those for public or private schools. We recommend you
consult your tax advisor. Questions may also be answered by calling AZ Dept. of
Revenue at 602-255-3381, or 1-800-352-4090, or by going to this website:www.revenue.state.az.us
Thank you!
|