Frequently Asked Questions
Q: How much can I donate?
A: You
can donate any amount that you'd like however the maximum credit you
can claim is $200.00 if you file a single tax return or $400 if you file
your taxes married filing jointly.
Q: How do I make a donation?
A:
Your donation must be made at the district office and can be allocated
to any extra-curricular activity at the High School, Middle School, or
Coronado Elementary School. You will receive a receipt for your
donation which must be kept for your tax records. Donations can also be
mailed to the district office. See make a donation for more informaiton.
Q: How do I claim the credit on my AZ tax return?
A: When you do yout State Taxes just fill out AZ Form 322 which will be availalble at the District Office or online at the AZ Department of Revenue
website. This is an Arizona Tax Credit. You cannot claim both a tax
credit and an itemized deduction for the amount made to a public school
for which you are claiming a credit. For more information please
consult a tax professional.
Q: What if I didn't pay as much in taxes as I donated to he school?
A: The
state allows the taxpayer five years to claim the donated amount. If
you paid $100 in taxes for 2012, and you donated $400.00 to the HS
Student Council, you can only claim $100.00 on your 2012 taxes. You
still have four more years that you can claim the other $300. More
information is available on AZ Tax Form 322.
If you have additional questions feel free to stop by the District Office or use the Contact Us form and we will do what we can to address your question.