School Tuition Association of Yuma, Inc.

S T A Y
School Tuition Association of Yuma, Inc.
The School Tuition Association of Yuma, Inc. (STAY) is a School Tuition Organization in accordance with the provisions of A.R.S. 43-1089 and A.R.S. 43-1183. It was incorporated in 1999 for the purpose of implementing the Arizona Private School Tuition Tax Credit and is a tax-exempt charitable organization pursuant to section 501(c)(3) of the Internal Revenue Code.
NOTICE
A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of a donor 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.

Benefits

Private School Tuition Tax Credit

The Arizona Private School Tuition Tax Credit Law, A.R.S. 43-1089., allows Arizona taxpayers to make donations each year to the The School Tuition Association of Yuma, Inc. (STAY).
Maximum Annual Private School Tax Credit:
1. Married taxpayers $1,000
2. Single taxpayers $500
You will receive a dollar-for-dollar tax credit on your Arizona income tax return up to the amount of your income tax, or the amount or your donation, whichever is less.
The law allows a carry-over of any unused donations for up to five years.

Public School Tax Credit

Maximum Annual Public School Tax Credit:
1. Married taxpayers $400
2. Single taxpayers $200

The Public School Tax Credit may be taken in addition to the Private School Tuition Tax Credit.

You may also be able to claim a deduction on your federal tax return for your donation. Taxpayers should consult with their tax advisor for specific tax advice.

Links
Overview
FAQ
Benefits
Why Give
Arizona Pub 707
Board of Directors
Legislation
STO Reporting Results

Help Center
Parent Center
Donor Center

Forms
Donation Card
Nomination Form
Donation Brochure
Scholarship Application

Tax Forms
AZ Form 301
AZ Form 323

Contact Us