Arizona State Income Tax Credits Qualifying Charitable Organization Contributionsĭonating to a qualifying charitable organization can help lower your state tax bill in Arizona. It’s important to note that you can’t claim both a credit and deduction for charitable contributions. Those deductions are items eligible for itemized deductions under the Internal Revenue Code, such as medical and dental expenses, paid mortgage interest and charitable contributions.
Itemized DeductionsĪ taxpayer can itemize deductions on their Arizona return even if they take the standard deduction on their federal return. The 2021 standard deduction is $12,550 for single taxpayers or married filing separately $25,100 for married couples $18,800 for heads of households. Income Tax Deductions for Arizona Standard DeductionĪrizona offers a standard and itemized deduction for taxpayers. *The state assesses a surcharge of 3.5% on taxable income over $500,000.
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