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)