VALLEY SCHOOL TUITION ORGANIZATION
Make a dream come true Invest in the next generation and receive a tax credit!
VERDE
Two credits for Arizona taxpayers:
1. “ORIGINAL” Tuition Tax Credit Program (ARS 43-1089):
The 2024 contribution credit limits:
$1,459 if you file married/jointly
$731 if you file individually
File with Arizona Form 323
2. “PLUS” (Private Learning Uplifting Students) Tuition Tax Credit Program (ARS 43-1089.03):
You may give to the PLUS Credit Program only after you have met the maximum donation amount for the Original Credit Program.
The 2024 contribution credit limits:
$1,451 if you file married/jointly
$728 if you file individually
File with Arizona Form 348
Arizona law allows you to directly give your tax dollars to independent schools through a School Tuition Organization (STO) - an IRS Tax Exempt Organization.
Verde Valley School Tuition Organization (VVSTO) is an STO program approved by the State of Arizona to receive private school tax credit contributions from Arizona taxpayers. VVSTO allocates tuition scholarships to independent, private school Arizona students.
How does it work?
Direct your tax credit to VVSTO Today!
Determine how much you will give according to your liability and the 2024 Maximum Allowed Credits.
Online form or send a check payable to VVSTO to Verde Valley School, 3511 Verde Valley School Road, Sedona, Arizona 86351. Giving deadline for 2024 tax year is April 15, 2025.
Receive a receipt for your contribution, save this for your filing records.
Record your contribution on your state income taxes using form 323/348. As a bonus, also list your donation as a charitable contribution on your federal tax forms.
Receive a credit on your state income tax return, as well as any allowable deduction on your federal tax return.
The STO cannot award, restrict, or reserve scholarships solely on the basis of a donor’s recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependent. All donations are non-refundable.
STO Arizona Tax Credit
Arizona law allows you to directly give your tax dollars to private or independent schools through a School Tuition Organization (STO) - an IRS Tax Exempt Organization.
• Student must be K-12th grade or a preschool student with an Arizona public school IEP or MET
• Student must be enrolled full-time in an Arizona private school Student may qualify for additional scholarships if any of the following apply:
• Entering kindergarten
• Transferring from
• An Arizona public or charter school with at least 90 days of attendance in the previous academic year
• An Arizona homeschool program
• The Empowerment Scholarship Account (ESA) in the prior academic semester
• A public, private or homeschool program from out of state or out of country
• Dependent of active-duty military stationed in Arizona on orders
• Previously received an Original/Individual, PLUS/Switcher, Low-Income Corporate or Corporate Disabled/Displaced in a previous academic year and continued to attend a qualified private school
• Student may qualify for additional scholarships if the family household income is within the guidelines of the income chart based on household size
• If the family meets the income limits, and any child(ren) meets the qualification bullet above, the family qualifies for Low-Income Corporate and the family must submit the two most recent pay statements for any income earners in the household.
Support VVSTO!
Contact information:
I/ we would like to donate
Select donation amount:
ORIGINAL: Maximum amounts
$1,459 [file married jointly]
$731 [file individually]
Other
$ Other
PLUS: Maximum amounts [make an additional Plus donation
once Original maximum donation is met]
Select how you will make your donation
Online: http://www.vvsto.org
$2,910 [$1,459 Original + $1,451 Plus - file married jointly]
$1,459 [$731 Original + $728 Plus - file individually] for tax year
QR Code: Scan QR code on this brochure
Enclosed is my/ our check made payable to VVSTO [enclosed with this form]
I/ we prefer to pay by credit card
Support their educational journey
Give the gift of education that will change a young person’s life forever. Send an Arizona student to an Arizona private or independent school and receive a dollar-for-dollar tax credit. The VVSTO is an Arizona certified school tuition organization.
Please mail this completed form to:
Arizona 86351
VERDE VALLEY SCHOOL TUITION ORGANIZATION