In Arizona, you can let the state decide how your tax dollars will be used OR you can direct the tax dollars for use in your own community. Arizona provides a unique opportunity for its residents to deduct from their state taxes the amount they donate to a Qualified Charitable Organization (QCO). Senior Village is recognized as a Qualifying Charitable Organization by the state. You will experience a dollar-for-dollar reduction in the amount of tax you owe when you donate to Senior Village. Individuals may deduct up to $470 and married couples filing jointly may deduct up to $938. Donations of lesser amounts may also be applied to the tax credit.
What do Senior Village donors say about the Tax Credit opportunity?
“The tax credit helped us increase our donation to Senior Village and save on state taxes.” K.B.
“At tax time, we just donate to Senior Village and receive the tax credit off our Arizona State taxes.” R.S.
“When I was having my taxes done, our tax preparer asked if I had any charitable donations. I wrote a check to Senior Village that very day and I watched the amount I owed the state go down. It was amazing and I am so grateful that our tax preparer reminded me.” B.M.
It’s not too late. You can make a donation up to Tuesday, April 15, 2025, and claim the deduction on your 2024 tax returns. Please consult your tax preparer about the process.
The Senior Village QCO number is 20990.
The Federal ID number is 47-5552021.
If you are feeling overwhelmed this year with tax preparation, Senior Village can help you get organized. Although we don’t help you with your taxes, Our Forms and Documents Team can support you as you gather your documentation for filing your tax return. Remember to ask your tax preparer for the Arizona Tax Credit form and direct a donation to Senior Village in order to receive the credit.