Never before has the education of Arizona children been at such risk. The state of Arizona ranks at the bottom of our nation in educational outcome. Despite the large disparity in funding, charter schools are working to provide the solution.
Arizona tax law (ARS 43-1089.01) allows taxpayers a TAX CREDIT of up to $400 per household if they contribute to extracurricular activities in public schools. The $400 maximum state credit is available for taxpayers who are married and filing jointly and for single taxpayers or heads of household, the state tax credit is up to $200. This means that most taxpayers are eligible to assist a public school at no cost, since the entire amount of the donation is credited back in their Arizona state taxes. The Tax Credit also reduces your taxable income to the federal government, usually by 1/3 of your donation. It’s a win, win for all, so don’t delay – the deadline is April 15th. To participate, download a Jefferson Preparatory tax credit form. You may also pay electronically with a check or credit card through Edu-Trak payment system.
For more specific details, click on Tax credit Info
Feel free to email or call our business department at 602-938-5517 ext 104 to ask more questions about this program. We would be happy to share with you more details about how this program will benefit your children and our school.