All your AZ Tax Credit questions answered

Freedom House FAQs

How will my Tax Credit be used?

​Your tax credit donation supports single women and single moms working to rebuild their lives at Freedom House. At-risk families are provided a safe, affordable home and receive services necessary for rebuilding and keeping families together. 

2

What services are provided at Freedom House?

Each woman has a care team working together to provide for their unique needs. The Care Team includes Freedom House staff, a counselor, mentor and single moms also have a parenting coach. Services include: mentorship, addictions/trauma counseling, career counseling, budgeting, parenting classes/individualized parenting plans, managing a schedule and home, life skills and more. 

3

How long do the ladies and kids live at Freedom House?

Most of the women are homeless when they enter Freedom House. They live in the home for up to 24 months or until they are ready to support themselves, be independent and self-sufficient. Overcoming addictions and rebuilding the brokenness takes time and on-going support and care. ​ We want the women to fully ready to move out, and each situation is unique. 

4

Can I visit Freedom House?

Yes! We would love to have you visit! Meet the women and children who are benefiting from your tax credit donation and see the home. You choose and you should be able to see  who is benefiting from your choice. EMAIL our staff to set up a time.

tax credit FAQs

Freedom House FAQs

How is a tax credit different than a deduction?

tax credit reduces an individual’s (or a married couple's) tax liability (or the total amount of tax debt owed to the government) on a dollar-for-dollar basis. For every dollar claimed as a tax credit, the tax obligation is reduced by a dollar. In contrast, a tax deduction reduces an individual’s taxable income. For every dollar an individual claims as a tax deduction, their taxable income is reduced by a dollar. Based on the calculation from their income bracket, the individual pays a tax on the amount left over after deductions are subtracted.

Freedom House FAQs

2

What is the Arizona Charitable Tax Credit?

​​The amazing state of Arizona recognizes the benefits of charitable organizations that serve the under-privileged. Arizona allows you to take a dollar-for-dollar credit on your state taxes when you donate up to $400 for single, heads of household, and married filing separate filers, or $800 for married couples filing jointly to a qualified organization.

Freedom House FAQs

3

I always get a refund. Can I still take the tax credit?

Most people still have a liability to pay. If you receive a refund, you can still participate and you will receive your donation back. For example: You are married and owe $1,000 in Arizona personal income tax. You've had $1,300 withheld for AZ taxes from your paychecks this year.  So your typical refund is $300.  You can make an $800 tax credit donation to Hope for Addiction and claim it as a credit on your AZ tax return.  The state will credit the $800 donation as paid toward your tax liability and refund $1,100 to you ($300 + $800).

Freedom House FAQs

4

I told my tax preparer to take the credit. Do I need to do anything else?

​Your accountant or tax filing software does not direct your taxes on your behalf. You must make the gift directly to Hope for Addiction before April 18 in order to qualify for the tax credit. It's easy! Click the "Give Your Tax Credit Here" button on this page.

Freedom House FAQs

5

What if I already take the school or foster care tax credit?

This tax credit is allowed IN ADDITION to the Education Credit and the Foster Care Credit, so you don’t have to choose, you can contribute to all three, up to your tax liability. You can share the love!

Freedom House FAQs

6

When do I need to make my gift to qualify for the credit?

You must make your donation on or before April 18, 2022 for your donation to be applied to the 2021 tax year.

Freedom House FAQs

7

Do I have to make my donation all at one time?

No, the tax credit is for your total giving, so any Arizona resident can take advantage of the tax credit. If you prefer to give monthly, quarterly or in multiple smaller gifts, all donations count toward the tax credit, up to the allowable credit or your tax liability. A year end statement will give your total giving.

Freedom House FAQs

8

How do I claim the credit when I file my taxes?

​Its easy! Simply include AZ Form 321.  See sample HERE. For more information about the dollar-for-dollar tax credit, visit the Arizona Department of Revenue website HERE.

Freedom House FAQs

9

Do I need to itemize to claim the credit?

No. You can use the short form and still claim the credit. Simply include AZ Form 321 when you file.