Maximum Tax Credits

Maximum Tax Credits

Tax Year 2022

Single, Married Filing Separate, Unmarried Head of Household

Original Credit (Form 323) $ 623
Additional Credit (Form 348)* $ 620
Maximum Tax Credit $ 1,243

Married Filing Jointly

Original Credit (Form 323) $ 1,245
Additional Credit (Form 348)* $ 1,238
Maximum Tax Credit $ 2,483

*Additional Tax Credit is available only when the amount contributed is greater than the maximum that can be claimed on Form 323 (Original Credit)

Filing deadline – The filing deadline for tax year 2022 has been extended from April 15 (Saturday) to April 18, 2023 (Tuesday) due to the 15th falling on a weekend.  Contribution deadline – The deadline to make a contribution which is eligible a tax credit on Arizona tax year 2022 returns is April 18, 2023 (Tuesday).  Contributions must be postmarked by April 18, 2023 or timestamped (online contributions) by midnight on April 18, 2023.

Tax Year 2023

Single, Married Filing Separate, Unmarried Head of Household

Original Credit (Form 323) $ 655
Additional Credit (Form 348)* $ 652
Maximum Tax Credit $ 1,307

Married Filing Jointly

Original Credit (Form 323) $ 1,308
Additional Credit (Form 348)* $ 1,301
Maximum Tax Credit $ 2,609

*Additional Tax Credit is available only when the amount contributed is greater than the maximum that can be claimed on Form 323 (Original Credit)