Saturday, November 27, 2021
Round Valley Unifed Schools
Tax Credit Program

AZ Tax Credit

For additional information about the Tax Credit and how to make a contribution, contact: Round Valley Accounting Department at 333-6582.

Teachers: Do you want to participate in the Payroll Deduction for Tax Credit progr. 
On the Forms page, find the Tax Credit section

Public: RVUSD donation form:   PDF

Tax Credit Information

The Arizona Tax Credit Program (A.R.S. 43-1089.01) allows any Arizona taxpayer to donate up to $400* to a school of their choice in support of extracurricular programs and get their entire donation back in the form of a tax credit. The new deadline of April 15 takes effect next year, people who donate by April 15 can choose which calendar year they want to apply the credits. For example, a donation made in April 2018 can be applied to either 2017 or 2018.
*Individuals and couples filing jointly may take advantage of this tax credit. A maximum of $200 can be deducted per individual tax return; couples filing a joint return may deduct a maximum of $400.

Tax Credit Facts

  • Anyone with or without children, married or single, is eligible for this unprecedented state tax credit.
  • The $400 maximum state tax credit is available for taxpayers who are married and filing jointly. A husband and wife who file separate returns for a taxable year in which they could have filed a joint return may each claim only $100.
  • For a single individual or a head of household, the tax credit is $200.
  • A state tax credit will allow you to reduce the amount of your tax liability to the state or increase your refund from the state. If you donate the maximum $400, your Arizona tax bill would be $400 less or your refund would be $400 more.
  • You may donate less than $400 and be eligible to receive the state tax credit in the amount of your donation. The amount you donate (up to $400) will be the amount you may claim as a state tax credit.
  • You may split your $400 donation among more than one public school, but will still qualify for a maximum state credit of $400.
  • Your donation also reduces your taxable income to the federal government, thereby reducing your tax burden to the federal government usually by 1/3 of the donation amount.

Lower your taxes and support students.

The Arizona Legislature passed a law in 1997 (A.R.S. 43-1089.01) allowing Arizona taxpayers to contribute up to $400 to a public school, and then deduct that entire amount from their state tax bill. It's a win-win situation for taxpayers and students!

Extracurricular activities are good for children and the community.

Extracurricular activities help children develop qualities such as leadership, team play, and cooperation, as well as provide safe, supervised activities after school hours. Thanks to you, these programs are available to all children in the Round Valley District.

Tax credit vs. tax deduction.

A tax credit is a dollar-for-dollar reduction in the actual tax owed. For example, if you owe $800 in state income taxes and you donate $400 to a public school for extracurricular activities, you may subtract the $400 from your tax bill and pay the state just $400. A tax deduction only reduces total taxable income.

A receipt will be provided for tax purposes. Donations must be received by December 31 in order to be eligible for the tax credit this calendar year.

Do it today!

Simply complete the downloadable form and mail it, along with your check, to the Round Valley School District.

Tax Credit form(This form requires) Acrobat Reader.

On behalf of the students, faculties and staffs of all of our Round Valley schools THANK YOU for taking advantage of the $200 ($400 for married couples filing a joint return) Arizona Schools Tax Credit!!

   Your Contributions to the many extracurricular funds at our schools are very much appreciated. The money you provided as part of your Arizona School Tax Credit contribution, goes a long way toward helping our students and we appreciate that.

   The Tax Dollars you contributed help our school extracurricular programs such as band, orchestra, athletics, field trips, science clubs, computer clubs, and many, many more. Your contribution helps purchase needed equipment to support these clubs and programs, and, in many cases, help students throughout the school as well. Extra-curricular activities help children develop qualities such as leadership, cooperation, and personal growth. They also provide safe, supervised activities for students.


Questions and More Information

Okay, so how does the "tax credit" work?
  Just send a donation by check or money order to the Round Valley School District. Your donation may be designated for the general support of extracurricular programs at the school of your choice, or you may designate a specific extracurricular program. You may also specify that your donation is a fee to cover the cost of a specific child's participation in a specific activity. You must enclose your social security number with your donation, so the school can send you the receipt which is required to take the tax credit.

Then, when you fill out your Arizona tax return, you can subtract the amount of your contribution — up to $200 maximum ($400 for married couples filing a joint tax return) — from what you owe in taxes for the year. It's not just a deduction; it's a credit.

For a change, YOU decide how your tax dollars are spent.
Well all that's nice, but I don't have kids in school.  So, I guess I can't take advantage of this tax credit, RIGHT?
  In fact, YOU CAN TAKE ADVANTAGE of the Tax Credit, kids in school or not. If you pay Arizona Income Tax, you can take advantage of this opportunity. Everybody wins. You gain a Tax Credit, and the School of your choice gains $400*.
There are no free lunches you know! All this sounds a little too good to be true.  But it IS True!
  According to the Arizona Department of Revenue, "A credit of up to $400* is available for payment of fees to an Arizona public school for support of extra curricular activities."

Extra curricular activities are defined as school sponsored activities that require enrolled students to pay a fee in order to participate. Such activities include (but are not limited to): field trips, fine arts (band, choir, orchestra, drama), visual arts (painting, drafting, drawing, sculpture, pottery), and athletics. Uniforms and equipment for these activities and scientific laboratory equipment and materials are also included.
Okay, so what are the benefits?
  There are plenty. You, the taxpayer, get a $400* Tax Credit for supporting schools. The tax credit donation lets you choose how your tax dollars will be spent.

Schools benefit because extra-curricular activities help children develop qualities such as leadership, cooperation, and personal growth. They also provide safe, supervised activities for students.

Everyone benefits. It's a WIN-WIN situation!!
There is just one small problem. I don't have $400 to donate all at once

Does that mean I can't get this tax credit?
You don't have to give the full $400* all at once. The Tax Credit donation can be contributed in increments throughout the Year. You don't have to give all $400* to one school. Portions of the Tax Credit can be donated to several schools.

(A tax advisor can also help you to adjust the amount withheld from you paychecks so that your "take-home" pay will not be affected by your decision to contribute to the school tax credit.)

And just who gets my money?
  The schools! If you don't have any particular school in mind, you can make your tax credit donation directly to Round Valley Unified Schools. The district will distribute all funds contributed in this manner to those schools with the greatest need.

Your Tax Credit donation can only be used by SCHOOLS with extra-curricular activities programs. The money cannot be used by Round Valley District as a central entity. In cases of undesignated Tax Credit contributions, the district merely acts as a clearing house for the schools with the greatest need.
Well, just how does my contribution help kids?

It helps students participate in our extra-curricular programs, like sports, the arts, clubs and other activities that enrich their education and provide them with valuable life experiences. As noted, YOU can specify the program you want to help or, better yet, let your donation help the school with the greatest need.

That's a lot of money!

Hey, wait a second. I've been thinking. You know, $400* here, $400* there, pretty soon you could be malking real money, couldn't you?
  You'd better believe it! Here's some of the math.

If every one of Round Valley's 275 employees made a $400* contribution to the tax credit, our schools would gain $110,000!

If every one of Round Valley's 700 families made a $400* donation, our schools would gain $280,000!!

If every one of the District's 2,200 households made a $400* donation, our schools would gain an incredible $880,000!!!
Wow, that would fix a lot of money problems!
  Keep in mind that the tax credit can only be used for extracurricular activities. It can't be used for teachers' salaries and other Maintenance and Operations (M&O) programs. BUT, if contributions are made to schools in general, that is, if you do not restrict the use of the donation to specific programs or events, THEN, the tax credit donations can FREE-UP M&O dollars which CAN be used for teachers' salaries.
In other words, I had better not wait!
  You can start making contributions to your Arizona School Tax Credit at any time and you're correct that today is not too soon!

One final note. The Arizona School Tax Credit is a Genuine "Two-fer." If you contribute to the Arizona School Tax Credit, that money might also be a "Tax Deduction" on your Federal Income Tax form. See your tax advisor for additional details.

For additional information about the Tax Credit and how to make a contribution, contact: Round Valley Accounting Department at 333-6585.
* - $400 for married couples filing a joint return