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Title: Helping The Working Poor Tax Credit - aka Arizona QCO Tax Credit increases for 2025

 Phoenix/Mesa/Scottsdale, Arizona — 11/25/25 — As the giving season and tax season approaches, Arizona residents are encouraged to take advantage of the Arizona Tax Credit Program for Qualifying Charitable Organizations (QCOs) (A.R.S. § 43-1088) to help support community needs. This program allows taxpayers to direct a portion of their state income tax obligation to nonprofits serving low-income and vulnerable individuals and receive 100% of the donation back on their state taxes not as a donation but as an actual tax credit.  In 1998 Arizona launches the “Working Poor Tax Credit,” aimed at encouraging donations to organizations assisting low-income families (limit in 1998 $200 Now $495 per person).  Arizona’s charitable tax credit program has grown more over the last few decades to strengthen community support systems statewide:  Today, thousands of Arizona taxpayers use the QCO tax credit to support nonprofits that deliver immediate and meaningful assistance to families and individuals in need.  Jim Piscopo, Executive Director of Bridging AZ Furniture Bank says “It is like your donation is redirecting your state tax liability to support a nonprofit, I can’t imagine any one not taking advantage of how to spend their taxes”.  Arizona is one in a handful of only 11 states that offer some type of Charitable Giving Tax Credit. According to The Common Sense Institute of Arizona, in 2023 only 5%–7% of Arizona tax returns claim the QCO (and related QFCO) credits.  That would mean roughly 93%–95% of Arizonans either are not aware of the program, don’t understand how it works, or assume the state is better equipped to address community needs—especially when it comes to supporting the working poor.  21% of Ari...

This press release is issued by King Newswire