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CHARITABLE TAX CREDIT
The PVEFB is a qualified charitable organization per ARS 43-1088, the Arizona charitable tax credit law. Cash donations to the food bank may earn a dollar for dollar credit on your state income tax. The maximum amount of this credit is $200 for single taxpayers or heads of household. For a married couple filing a joint return, the maximum credit is $400. Due to a change in the tax law which went into effect on September 30, 2009, there is no longer any restriction related to the base taxable year 2006. To be eligible for the credit you must itemize deductions. To determine your eligibility please ask your tax consultant or contact the AZ. Dept. of Revenue, (602) 255-3381.
Remember this is a credit. It will either lower your taxes or increase your refund. Pass this information along to your friends or relatives. It is a painless way to assist the Food Bank.
Link to IRS Form 990, Return of Organization Exempt From Income Tax.