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Five Unbelievable Facts About Arizona Form A114 114 | Arizona Form A14 14

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The alarm is active for taxpayers who appetite to booty advantage of academy tax credits.

Under Arizona law, taxpayers can get a dollar-for-dollar abridgement on the state income taxes they owe if they accord money or pay fees to a accessible commune or allotment academy to abutment extracurricular activities by the Dec. 31 deadline. The best acclaim for an alone is $200; for a brace $400.

“This is such a breeze for an Arizona taxpayer,” said Flagstaff Arts and Leadership Academy Executive Administrator Becky Daggett.

FALA usually brings in about $60,000 per year in tax credit-eligible donations. Those funds abutment aggregate from the school’s robotics club and astrochemistry club to its Service Learning Program.

But the aggregate of the donations go to acreage trips. Daggett said FALA makes a decidedly big advance every year for donations to abutment all-class acreage trips for eighth, 10th and 12th grade.

“The added money that we can accession for those specific trips, the added that the acceptance can do on the trips,” Daggett said. “We accomplish abiding that we acquire these all-class trips that don’t amount added than about $50. If a apprentice can’t allow that $50, we accomplish abiding that they can go anyway.”

Flagstaff Unified Academy Commune is on clue to accession about $850,000 in tax credit-eligible donations this year, up from $823,

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