Tax Credit

Donating to the Private School Tuition Tax Credit

Arizona tax law (A.R.S. AZ 43-1089) gives Arizona taxpayers a dollar-for dollar tax credit on their state income tax obligations, for donations made on behalf of a school, through a qualified School Tuition Organization (STO). Summit School of Ahwatukee is proud to partner with the STO’s:  The Institute for Better Education (IBE)

TAX CREDIT donations through The Institute for Better Education, on behalf of Summit School, provide the funds for needs-based scholarships given to Summit Students! Those scholarships have allowed children to experience an outstanding private school education at Summit School of Ahwatukee.

Arizona state tax law states that 90% of the tax credit donations made to IBE, on behalf of a private school, go directly to qualified students attending member schools.

The maximum annual tax credit donation amounts for 2017 and 2018 tax years:

  • Married couples filing jointly can receive an annual dollar-for-dollar tax credit on their Arizona tax return, for donations up to $2,177 for 2017 and $2,213 for 2018.
  • Single or head of household taxpayers may receive a tax credit for donations of up to $1,089 for 2017 and $1,107 for 2018.
  • Donations made by April 16, 2018 will qualify as a credit on the 2017 Arizona tax return. Contributions made after April 16, 2018 will qualify as a credit on the 2018 Arizona tax return.Arizona taxpayers may also qualify for state tax credits for donations to a public school, and organizations that assist foster children and the working poor.

Tax Credit contributions can be made in minutes on the website:  The Institute for Better Education.  Please designate Summit School of Ahwatukee as your school of choice.

Through your tax credit contribution, Summit will be able to continue assisting more students who are in need of tuition scholarships during the upcoming school years. We most gratefully thank you on their behalf.