The Arizona Department of Revenue has added a new reporting requirement for the qualifying charitable organization credits. For the most current updates, visit https://azdor.gov/tax-credits. A unique five-digit code has been assigned to each qualifying charitable organization and qualifying foster care charitable organization. These codes must be included on your tax return for the credits to be accepted. Quest’s code number is 22032.

There are three types of tax credits offered in the state of Arizona. You can also get a tax break for making donations to a qualified charitable organization (That’s us!). You can claim a tax credit for donations made to K-12 Arizona public schools, including charter schools, and to School Tuition Organizations, which provide scholarships to private schools. You can also receive credits for donating to the foster-care organization, or to the Arizona Military Family Relief Fund, which provides financial assistance for active duty service members, pre and post-9/11 veterans, and their families.

You can donate to ALL of them, up to the maximum amount allowed in each category. PLEASE CONSULT WITH YOUR TAX ADVISOR TO VERIFY YOUR TOTAL TAX LIABILITY.

Yes, but you need to stay within the limit for each category to get your donation back as a dollar-for-dollar credit.

Sorry, but no. If your tax liability — the amount of taxes you owe for a given year — is less than your donation, the credit can be used only to reduce your liability to zero. You can’t get an additional refund. However, unused tax credits, except for donations made to the military-family funds, can be applied to future tax years, but not beyond five consecutive years.

Generally, donations claimed as a tax credit cannot also be used as an itemized deduction on your Arizona income tax return. You may be able to deduct the contributions made before December 31, on your federal tax return, again depending on your situation. PLEASE CONSULT YOUR TAX ADVISOR TO VERIFY YOUR TAX LIABILITY.

If you donate to a public or private school or a qualifying charity, you claim a credit on your state income tax return.

Use  Form 321 for donations to charitable organizations when filing your current year's taxes. Donors will be required to enter this number on their tax returns to get the credit. Quest’s code is 22032.

For federal tax deduction purposes, all donations are deductible only in the year paid. Contributions in all other categories must be paid on or before April 15 — those made between Jan. 1 and April 15 can be claimed on your current year's Arizona income tax return.