Foster Care Arizona Tax Credit. Arizona allows separate contributions to qualified foster care (qfco), charitable (qco), and for tuition/schools (sto), each with its own limit. Currently, married couples can reduce what they owe in state taxes by $1,000, while single filers are eligible for a $500 credit.
More than 18,000 children live in the arizona foster care system and your donations help to serve those children in need. There are about 14,000 children in the foster care program in arizona. Arizona allows separate contributions to qualified foster care (qfco), charitable (qco), and for tuition/schools (sto), each with its own limit.
Our success hope & a future has helped thousands of children since 2004, from camp and learning life skills all the way to graduating college.
You can benefit from the state of arizona foster care tax credit and arizona charitable tax credit! Tax credits allow tax payers to determine where their tax dollars are spent by providing a dollar for dollar reduction in state taxes owed. What is the arizona foster care tax credit? Of that, $20.6 million was used to reduce taxpayers' bills;