PCDS Tax Credit Brochure 2012-13

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ARIZONA INDIVIDUAL TAX CREDIT PROGRAM

Your tax dollars — you decide! Make the decision to take control of your state income tax dollars to benefit students at Phoenix Country Day School. You’ll help further the education of students with demonstrated financial need when you make a dollar-for-dollar tax credit contribution today.

Take Control

o f Y our T ax D ollar s

The State of Arizona allows individual taxpayers to have control over how their tax dollars are spent. Individuals with Arizona tax liability who value education have the opportunity to redirect their tax obligation to a qualified School Tuition Organization (STO) such as the Arizona Independent Schools Scholarship Foundation (AISSF). When you make your tax credit contribution to AISSF and direct your contribution to PCDS, you are helping to create a scholarship fund for PCDS students with demonstrated financial need.

Phoenix Country Day School 3901 E. Stanford Dr.

Paradise Valley

602.955.8200

www.pcds.org


How do you want to spend your state income tax dollars? Taking advantage of the Arizona tax credit for the benefit of PCDS students is

as easy as

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Go to www.AISSF.org to make your secure online 2013 Tax Credit contribution and designate PCDS as your school of choice. You may contribute to two tax credit funds in one transaction: If you contribute to the original tax credit program at the maximum amount, you may make an additional tax credit contribution also at the maximum amount. Original Tax Credit Program (maximum amounts) Single $517 Married filing jointly $1,034 Switcher or “extra credit” Tax Credit Program (maximum amounts) Single $514 Married filing jointly $1,028 Total maximum contribution: Single filer $1,031 Married filer $2,062

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Decrease your state tax state liability on a dollar-for-dollar basis and take your credit on your state tax return.

Know that your tax credit contribution has been used to make PCDS a stronger more inclusive community for all students by providing scholarships for students from families with demonstrated financial need.

The contribution deadline is April 15. Arizona law allows taxpayers to claim a state income tax credit for contributions made through April 15 to count toward the prior tax year at the election of the taxpayer. The federal deduction for the contribution will apply in the calendar year it was receipted by AISSF. This tax credit contribution may be made alongside your other tax credit contributions to various organizations. For questions or more information visit www.AISSF.org or contact Kristie Berg at 602.955.8200 ext. 2228. Please consult your tax advisor for specific tax questions.

A.R.S. 43-1603 (c) NOTICE: A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of a donor’s recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent.


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