Tax Credit

This individual income tax credit is available for contributions to Qualifying Charitable Organizations that provide immediate basic needs to residents of Arizona who receive temporary assistance for needy families (TANF) benefits, are low income residents of Arizona, or are children who have a chronic illness or physical disability.

The tax credit is claimed on Form 321. The maximum credit allowed is $800 for married filing joint filers and $400 for single, heads of household, and married filing separate filers.

Meeting Provisions

As a QCO, AccessMed Foundation meets all of the following provisions:

  • Is exempt from federal income taxes under Section 501(c)(3), or is a designated community action agency that receives community services block grant program monies pursuant to 42 United States Code Section 9901.
  • Provides services that meet immediate basic needs.
  • Serves Arizona residents who receive temporary assistance for needy families (TANF) benefits, are low income residents whose household income is less than 150 percent of the federal poverty level, or are chronically ill or physically disabled children.
  • Spends at least 50% of its budget on qualified services to qualified Arizona residents.
  • Affirms that it will continue spending at least 50% of its budget on qualified services to qualified Arizona residents.

For more information on the Qualified Charitable Organization deduction, visit the Arizona Department of Revenue.

And, please consider making a QCO-eligible donation to the AccessMed Foundation.