If you owe money on your Arizona state taxes, you may be eligible for tax relief. The Arizona Department of Revenue has not changed their tax relief program yet. However, the IRS has extended its deadlines for individuals and businesses. You can apply for tax relief if you meet the requirements, including low income, resident alien status, and proof of Arizona residency. To get started, contact the Arizona Department of Revenue and ask about the available tax relief programs.
Senior citizens may qualify for special tax relief, including property tax exemptions. The state sales tax in Arizona is 5.6%, while local sales tax rates are around 2.8%. This makes Arizona’s tax burden only 8.4% higher than it is in most other states. Senior citizens and low-income homeowners can take advantage of a property valuation freeze. By applying, you can limit the increase in your annual property tax payments by a maximum of $3,000 per year. Additionally, if you’re a senior citizen, you can freeze or defer your property taxes until you sell your property.
Donating to nonprofit organizations is another form of Arizona tax relief. The state tax credit can replace your state income tax liability up to a certain amount. By making charitable donations, you’ll be able to improve the lives of children and families in need. These programs are a great way to give back to your community and help those in need. Arizona tax relief programs are free and easy to apply for. And the best part is, they’re available for everyone!
