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 Arizona Form 321 Credit for Contributions to Qualifying 2023-2024

Arizona 321 Credit 2023-2024 Form

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Video instructions and help with filling out and completing Arizona Form 321 Credit For Contributions To Qualifying

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Instructions and help about 321 charitable form

hello everyone welcome to another session of tax tip Thursday it's your favorite tax professional Shantay I hope you're having a great week because I certainly a.m. this video is specifically for Arizona residents if you live in the state of Arizona keep watching Arizona residents did you know that you can get a credit on your state tax return for contributing to a qualified charitable organization very simple to the point here's how it works let's say for example you have a four hundred dollar tax liability to stay in Arizona meaning you owe $400 and state taxes based on your taxable income if you contribute four hundred dollars to a charitable organization a qualified charitable organization qualified charitable organization then you can get a quick for four hundred dollars therefore you would get back the taxes that you have paid to the state of Arizona does that make sense let's rewind four hundred our tax liability you contribute $400 to a charitable organization you'll get a cred

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