REP35_2

AZ Tax Credit donations are a dollar for dollar tax credit against your Arizona tax liability. Effective in 2016, credit eligible contributions made on or before the 15th day of the fourth month following the close of the taxable year may be applied to either the current or the preceding taxable year and are considered to have been made on the last day of that taxable year. All of Real Wishes Foundation funds stay in Cochise County.

Couples who file jointly can reduce their state tax liability by up to $800. Individuals or head of household filers can claim a tax credit of up to $400. 2021 QCO Code: 20109 Tax on AZ Tax Form 321 ID: 26-2269744

Page 34 • Vol. 35, No. 2 • February 2022 • www.AZrealestatepress.com