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News & Information: COViD 19

Arizona extends tax-filing deadline, but with no extra time for taxpayers to help charities

Wednesday, March 25, 2020   (0 Comments)
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Arizona extends tax-filing deadline, but with no extra time for taxpayers to help charities

Click to view the original AZCentral article.

Arizonans now have three extra months to file their 2019 income-tax returns and to pay outstanding tax bills for last year, following a similar change adopted March 20 at the federal level that was intended to provide coronavirus relief.

But Arizonans won't have extra time to make charity donations that can qualify for a retroactive state tax credit.

Despite the three-month extension taking the new deadline to July 15 for filing Arizona and federal returns, and for paying 2019 tax obligations, the deadline for the charity-related tax credits is set by state law and will remain April 15, the state Department of Revenue said Monday.

The state tax-credit rule is one of the few actions that individuals can take after Dec. 31, 2019, and still affect their tax obligations for that year, retroactively.

Support for schools, charities

The tax credits, or direct reductions in state-tax liability, apply to donations made to qualifying charitable groups, to foster-care organizations, to public schools for extracurricular activities and to school-tuition organizations that provide private-school scholarships. The public-school credit also can be taken by people who pay fees directly to a public school in Arizona for eligible programs or activities.

More information on the state's charitable tax-credit programs can be viewed on the department website at https://azdor.gov/tax-credits.

Many nonprofits around the state are bracing for tougher times ahead. A survey released Monday by the Alliance of Arizona Nonprofits showed that nearly 90% of the groups that responded have been or expect to be significantly impacted by the spread of COVID-19 or coronavirus, with an estimated revenue loss of nearly $30 million as of March 20.

Nonprofit groups cited revenue decreases from cancelled events and other challenges such as disrupted services to clients and community groups.

Tax payments may be changed

Regarding the temporary delay in Arizona tax payments for 2019, the department said separately that taxpayers who already have set up electronic payments can cancel them and select a new, later date. A person may cancel a payment then schedule it for a later date by going to https://www.aztaxes.gov/Home/CancelPaymentIndividual/.

However, the department will process paper checks when received and won't hold them until a later date.

Reach the reporter at russ.wiles@arizonarepublic.com or 602-444-8616.

 



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