Arizona Tuition Tax Credit

The Arizona Tuition Tax Credit program allows taxpayers to contribute to school tuition organizations (STOs), which provide scholarships for students attending private schools. Donors can receive a dollar-for-dollar tax credit for their contributions, meaning they reduce their tax bill by the amount donated, up to certain limits. This program enables taxpayers to support educational choices for families while potentially lowering their own tax liabilities, benefiting both donors and students seeking alternatives to public schooling. It's designed to encourage more funding for private education through individual contributions.