The Rotary Vocational Fund of Arizona (TRVFA) is a Qualifying Charitable Organization (QCO code 20698) allowing Arizona taxpayers to claim a dollar-for-dollar state tax credit. Donations reduce tax liability by up to $495 (single/head of household) or $987 (married filing jointly) for the 2025 tax year.
Key Details on TRVFA Tax Credit (QCO 20698)
- Maximum Credit (2025 Tax Year): Up to $495 for single/head of household; $987 for married filing joint taxpayers.
- Purpose: Funds provide vocational education grants to low-income individuals, helping them gain skills and certification for higher-paying jobs.
- Donation Mechanism: Contributions can be made through the TRVFA website to qualify for the credit.
- Federal Tax Impact: These donations may also be deducted on federal returns if the donor itemizes.
