RSD (Dec 11)
Posted by South Mountain Villager on December 15, 2011
Tax credits are a great way to provide RSD students with access to extracurricular activities
Are you looking for a great way to get a tax credit while helping out the students of the Roosevelt School District? You can still get your last minute tax credit for 2011. All you have to do is fill out the form to your right and you’ll be helping out our students while helping out yourself as well.
Getting the tax credit is simple. A tax credit is a dollar-for-dollar reduction in the actual tax amount owed. For example, if you owe $800 in state income taxes and you donate $400 to a public school for extracurricular activities, you may subtract the $400 from your tax bill and pay the state just $400. If you anticipate a refund from the state, it would increase by the amount of your contribution, assuming you had that amount withheld.
According to state law, these donations must be used for extracurricular activities. With your help, Roosevelt School District is able to offer tutoring, band, music, art, recreational activities, and much more. Extracurricular activities help children develop qualities such as leadership, team play, and cooperation, as well as provide safe, supervised activities after school hours. Thanks to you, these programs could be available to all Roosevelt students.
All Arizona taxpayers are eligible to take advantage of this tax credit regardless of whether or not they have children in our schools. A married couple filing jointly may contribute and receive a tax credit up to $400. A single individual may contribute up to $200. Donations must be received by December 31 in order to be eligible for the tax credit this calendar year. A receipt will be provided for tax purposes.
For more information, call 602-243-4800 or visit our website at www.rsd.k12.az.us to download a copy of our tax credit brochure.
