Arizona residents can receive a dollar-for-dollar tax credit when giving to Rainbow Acres! In 2023, donate up to $421 for individuals or $841 for those filing jointly if you have a tax liability to the State of Arizona. Donate, and the State of Arizona will give the money back in your tax return.*
Use Rainbow Acres Arizona Qualified Charitable Organization (QCO) #20399 on the Arizona Tax Form 321 when filing your 2023 taxes. Since Rainbow Acres is a 501(c)(3) not-for-profit organization, your contribution could also be deductible from your federal taxes.*
Your gift goes directly to sustain the mission and operations of Rainbow Acres.
The maximum QCO credit donation amount for 2023:
$421 single, married filing separate or head of household; $841 married filing joint.
The maximum QCO credit donation amount for 2024:
$470 single, married filing separate or head of household; $938 married filing joint.
Please Note: Arizona law allows QCO donations made during 2023 or donations made from January 1, 2024 through April 15, 2024 to be claimed on the 2023 Arizona income tax return. The maximum credit that can be claimed on the 2023 Arizona return for donations made to QCO’s is $421 for single, married filing separate or head of household taxpayers, and $841 for married filing joint taxpayers. If a taxpayer makes a QCO donation from January 1, 2024 through April 15, 2024 and wants to claim the higher 2024 maximum credit amount, the taxpayer will need to claim the credit on the 2024 Arizona return filed in 2025. The tax credit is claimed on Form 321.
*Rainbow Acres is not a tax advisor. Contact a qualified professional for expert advice on your tax situation.
We appreciate your support!