End of Year Giving - Frequently Asked Questions

1. There are three (3) individual Arizona tax credits available for schools and/or charities:
   
   
   • Public School for extracurricular activities ($200 single filer/$400 married filers)
   • Private School Tuition Scholarship ($500/$1,000)
   • Charitable ($200/$400)
     
     
2. Arizona Residents can take all three tax credits.
   
   
3. The Foundation for Blind Children qualifies for BOTH the Private School and Charitable Tax Credits
   
   
4. State law requires a third party funding source for the Private School Tuition Scholarship and the FBC has partnered with School Choice of Arizona.
   
   
5. You can still take the donation as a deduction on your federal taxes in addition to the state tax credit.
   
6. The Charitable Tax Credit is used to fund all of the FBC’s programs including infant, library, recreation and adult services.
   
   
7. The Private School Tuition Scholarship Tax Credit is used exclusively for our pre-school and elementary students enrolled at FBC.
   
   
8. To qualify for 2007 taxes, donations must be post-marked by December 31st or paid by credit card on our website at www.seeitourway.org.
   
   
9. Checks must be made out separately to FBC for the Charitable Tax Credit and School Choice Arizona for the Private School Tax Credit.
   
   
10. Donations may qualify for corporate matching programs.
    
    
11. The Arizona State Tax Forms are forms 321 and 323. The 2007 forms have not been published by the State yet.
    
    
12. Please check with your tax preparer if you have any questions.
    
    
13. More information can be found at http://www.azdor.gov/Refunds%20and%20Credits/creditrefundmenu.htm.