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People also ask
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What is the Child Tax Credit for 2023 AZ?
The Child Tax Credit is scheduled to stay at 2,000 dollars per eligible child for tax year 2023, but without any upfront monthly payments. Due to a temporary change in law, more families-including those without recent income-now qualify for and receive funds from the Child Tax Credit (CTC).
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How does the AZ school tax credit work?
A credit is allowed against the taxes imposed by the state for the amount of any fees paid or cash contributions made by a taxpayer pursuant to section A.R.S. § 43-401, subsection G during the taxable year to a public school located in this state.
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What is the tax credit for charitable contributions in Arizona?
The maximum credit that can be claimed on the 2022 Arizona return for donations made to QFCO's is $500 for single, married filing separate and head of household taxpayers, and $1,000 for married filing joint taxpayers.
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What is Arizona tax form 301?
Use this form to: • Summarize your total available nonrefundable tax credits. Determine the application of the available tax credits. Summarize your tax liability related to recapture of tax credits. Claim any available credit carryover.
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