HOT is registered with the State of Arizona as a Qualified Charitable Organization (QCO).
A donation to HOT could provide a tax credit. This tax credit may allow you to make a charitable contribution and receive a dollar-for-dollar reduction in your Arizona state tax liabilities (up to $400 if filing individually or $800 if filing jointly).
- HOT’s QCO code is 22342.
- Use Tax Form 321 to report your contributions.
Contact your tax advisor to obtain information on your situation.
Can any gift amount be used towards your AZ tax credit? A: YES! Any gift, $8 or $800, makes a HUGE difference to families in need. The maximum credit is $400 filing individually, $800 filing jointly.
Frequently Asked Questions
Q: I’m not getting a refund. Can I still donate?
A: YES! The tax credit actually reduces your tax liability, whether you owe taxes or not. Dollar-for-dollar, the tax credit costs you nothing. Unused credits may be carried over to the following year.
Q: Do I have to itemize to get my Arizona State Tax Credit?
A: NO! Every Arizona taxpayer can take advantage of the AZ Charitable Tax Credit whether they itemize or not!
Q: I already gave to my child’s school; can I still contribute to HOT?
A: YES! There are multiple credits available. Your HOT donation is an Arizona Charitable Tax Credit. There is also a Foster Care Tax Credit, Public School Tax Credit, and Private School Tuition Tax Credit. You can take all the credits.
Q: Does the HOT contribution have to be made in calendar year 2022 in order for it to qualify for the QCO tax credit for 2022?
A: NO! You have until April 15, 2023 to make a HOT contribution that qualifies for your 2022 tax credit. There’s still time to donate!
