School Tax Credits
CEA Tax Credits – Success and Thank you!
For the 2015-16 school year, 98% of our students are receiving support from the Catholic Education Arizona tax credit program! Thank you to the wonderful parishioners at St. Germaine's in Prescott Valley, St. Catherine's in Chino Valley and Sacred Heart in Prescott for their support of the tax credit program! Also, thank you to the many residents of the Prescott area that also divert their tax dollars to Catholic education.
Thank you for helping our school children with your tax dollars!
Plan now for your Arizona State Tax Credit to Catholic Education Arizona for 2016! Ask your employer if your tax credit contribution can be taken directly from your paycheck!
For tax year 2015, an individual can redirect up to $1, 067 and a married couple up to $2,134.
Tax credits allow you to say where your money should be spent, so, keep your money right here in Prescott, helping families you already know!
You have until April 15, 2016 to make your tax credit contribution to Catholic Education Arizona and then take dollar-for-dollar off your state tax bill. Your donation between now and April 15, 2016 can be credited to your 2015 State Tax bill. On your Federal Tax Return, a tax credit to CEA looks like a donation and you can receive a donation credit. To receive a Federal donation credit, then you must make the tax credit donation by December 31st.
**A TAX CREDIT DOES NOT COST YOU ANYTHING!
Your state income tax dollars can help get more students into Catholic school, at no additional cost to you. What you send to Catholic Education Arizona can be taken dollar-for-dollar off your state income tax bill.
**These is NO MINIMUM ON A TAX CREDIT!
A tax credit to Catholic Education Arizona can be anywhere from $1 to $1,067 if you file as a single person and $1 to $2,134 if you file as a married couple.
**DO YOU PAY STATE INCOME TAX?
If you do not pay taxes when you file, it may because you had state tax taken from your paycheck already. See how a tax credit can be an over-payment and then YOU GET A REFUND: go to www.takethecredit.org to learn more.
**I already did at Tax Credit to public school...
Tax Credits are cummulative! If you have enough state income tax liability, you can give to all category of tax credits. There are four categories: Private School, Public School, Arizona Working Poor Charities, Military Family Support Fund. For information on ALL tax credits, please click here.
To Support Sacred Heart Catholic School, mail your tax credit to:
2025 North Third Street #165
Phoenix, AZ 85004-1425
Use School Code “#131 for Sacred Heart/Prescott” to ensure your money comes back to Sacred Heart!
Or go on-line to: www.catholiceducationarizona.org
To learn about making a tax credit to The Prescott Area Habitat for Humanity (an Arizona Charities tax credit), please click here.