Tax and Credit Information

You pay Arizona state tax anyway! Why not have that same money go directly to New Samaritan to be used in whatever way you designate?

Everyone knows that schools need more resources. Many extra-curricular programs that once helped produce a well-rounded education have been trimmed down or eliminated completely. Many of the staff members are paying out of their own pockets for educational extras.

Q. How can I help?
A. Arizona allows you to contribute up to $400 for married couples filing jointly or $200 for individual filers as a Tax Credit donation. However, you do not have to donate the full amount - any amount will help us -$20, $50, etc.

Q. How does the tax credit work?
A. Let's say you usually pay $500 in Arizona state income tax. When you send our school $250, your state income tax is reduced to only $250. You get a dollar-for-dollar tax credit in the amount of your gift!

Q. When can I actually take the tax credit?
A. You take it for the year you make the donation. So if you make the donation before the end of this December, you will be able to claim your credit when you do your taxes in the spring. Check written in 2006 means credit taken on the taxes for 2006.

Q. Can I only contribute if I have a child attending your school?
A. No! YOU DO NOT HAVE TO HAVE CHILDREN ENROLLED IN OUR SCHOOL TO TAKE THE TAX CREDIT, anyone can help our school in this way. Please encourage family, friends and neighbors to help out our school too. We have retired folks who have donated through the tax credit, although their children are grown and gone.

Q. Where will the money really go?
A. Every donated dollar goes to extra-curricular activities for the kids, such as field trips, the yearbook, guest speakers, student celebrations like prom, graduation, and incentives, and you can even specify which activtiy you'd like your donation to go to.

Q. How do I donate my tax money?
A. Please fill out the New Samaritan Tax Credit Donation Form by clicking here or requesting it from the office and send it in with your donation payable in cash or check to New Samaritan High School. Details are on the TC Donation Form.

Q. Is the tax credit really a dollar for dollar reduction of my state tax liability?
A. Yes. By reducing your tax liability you will lower the amount you pay, giving you a dollar for dollar reduction in your tax liability(Example: owe $500 to AZ State, then donate $250 now only owe $250). If you don't have a liability this year, you can carry the credit over for up to five consecutive tax years.

Q. Can I divide my donation and give several times this year?
A. Yes. Just fill out a donation form for each donation and send the form along with your check to New Samaritan High School and a receipt will be given to you. At the end of the year you will have several receipts that add up to be the total amount you gave.

Q. If I do not have a tax liability this year, can I donate?
A. Yes. You can carry forward your unused credit balance for up to five consecutive tax years.

If you have further questions or need more information regarding this program, call us at 480-833-7470.