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2014 Credit for Contributions

Arizona Form

to Certified School Tuition Organization - Individuals

348

(For contributions that exceed the maximum allowable credit on Arizona Form 323)

available only to individuals. Corporations may not claim

Phone Numbers

this credit. A partnership may not pass the credit through to

its partners. An S corporation may not pass the credit

For information or help, call one of the numbers listed:

through to its shareholders.

Phoenix

(602) 255-3381

The credit is equal to the amount contributed after the

From area codes 520 and 928, toll-free

(800) 352-4090

maximum amount that can be claimed on Form 323 is

Tax forms, instructions, and other tax information

contributed. For 2014, the credit cannot exceed $525 for

If you need tax forms, instructions, and other tax

single taxpayers or heads of household.

For married

information,

the

department’s

website

taxpayers that file a joint return, the credit cannot exceed

$1,050.

In most cases, for married taxpayers who file

separate returns, each spouse may claim only one-half (1/2)

Income Tax Procedures and Rulings

of the credit that would have been allowed on a joint return.

These instructions may refer to the department’s income tax

procedures and rulings for more information. To view or

NOTE: The credit eligible contributions made to a certified

print these, go to our website and click on Legal Research

school tuition organization from January 1, 2015 to April

then click on Procedures or Rulings and select a tax type

15, 2015 may be claimed as a tax credit on either your 2014

from the drop down menu.

or 2015 Arizona income tax return.

Publications and Brochures

If the allowable tax credit is more than your tax or if you

To view or print the department’s publications and

have no tax, you may carry the unused credit forward for up

brochures, go to our website and click on Publications.

to the next 5 consecutive taxable years’ income tax liability.

A certified school tuition organization is an organization that

Notice to All Taxpayers

meets all of the following.

 The organization is tax exempt under Section 501(c)(3)

NOTE: To claim this credit, you must first claim the

of the Internal Revenue Code.

maximum credit allowed on Arizona Form 323, Credit for

 The organization allocates at least 90% of its annual

Contributions to Private School Tuition Organizations. The

amount of credit you must claim on Form 323 depends on

revenue for educational scholarships or tuition grants.

 The organization makes its scholarships or grants

your filing status. See Form 323 for these amounts.

available to students of more than one qualified school.

If you have a carryover amount(s) from a credit claimed on

Form 348 from prior tax year(s), you do not have to claim

A “qualified school” means a preschool that offers services

the maximum allowable credit on Form 323 to only use a

to students with disabilities, nongovernmental primary or a

carryover amount on Form 348. If you are claiming only a

secondary school that is located in Arizona. The school

carryover amount on Form 348, and are not claiming any

cannot discriminate on the basis of race, color, handicap,

current year’s credit on Form 323, submit only Form 348.

familial status, or national origin and requires all teaching

staff and personnel that have unsupervised contact with

For an example of how to calculate the current year credit

students to be fingerprinted. A “qualified school” does not

and carryover credit, if any, see the last page of these

include a charter school or programs operated by a charter

instructions.

school.

The primary school must begin with kindergarten

and the secondary school must end with grade 12.

AZ Form 348 Credit Carryover Amount(s) from

Prior Tax Year(s)

In the case of a preschool that offers services to students

with disabilities, a “student with disabilities” is a student

If you claimed an allowable credit on Form 348 on your

2012 and/or 2013 tax return and your 2012 and/or 2013 tax

who has any of the following conditions.



liability was less than your allowable credit, you may have a

Hearing impairment



carryover amount available.

Visual impairment



Developmental delay

You may use the available credit carryover amount to reduce



Preschool severe delay

your 2014 tax liability even if you do not claim a credit on



Speech and/or language impairment

Form 323 for 2014.

NOTE: The Arizona Department of Revenue is required to

General Instructions

certify school tuition organizations.

The department

maintains a list of currently certified school tuition

Arizona law provides an individual income tax credit for the

organizations on its website at

voluntary cash contributions made to a certified school

tuition organization in order to improve education by raising

To qualify for the credit, all contributions must be made to a

tuition scholarships for children in Arizona. This credit is

certified school tuition organization. To determine if your

Instructions For Form 348 - Arizona Credit For Contributions To Certified School Tuition Organization Individuals - 2014

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