TaxFormFinder
Arizona Credit for Donations to Military Family Relief Fund
Extracted from PDF file 2023-arizona-form-340.pdf, last modified September 2020Credit for Donations to Military Family Relief Fund
Arizona Form 340 Credit for Donations to the Military Family Relief Fund 2023 Include with your return. For the calendar year 2023 or fiscal year beginning M M D D 2 0 2 3 and ending M M D D Y Y Y Y . Your Name as shown on Form 140, 140NR, 140PY, or 140X Your Social Security Number Spouse’s Name as shown on Form 140, 140NR, 140PY, or 140X (if a joint return) Spouse’s Social Security Number 1 Did you receive a receipt from the Arizona Department of Veterans’ Services that indicates that your contribution qualifies for this credit?................................................................................................................. 1 If you answered “No,” STOP! You do not qualify for this credit. YES NO NOTE: If your receipt does not show which account (pre-9/11 or post-9/11) your donation was deposited into, enter the amount of the donation on line 3 (post-9/11 donation). 2 3 4 5 Qualified donations made to the pre-9/11 veterans subaccount during 2023................................................ Qualified donations made to the post-9/11 veterans subaccount during 2023............................................... Total qualified donations made during 2023. Add lines 2 and 3. Enter the total........................................... Single taxpayers or heads of household, enter $200 here. Married taxpayers filing a joint return, enter $400 here. Married taxpayers filing a separate return, enter $200................................................................ 6 Current year’s credit before tax: Enter the smaller of line 4 or 5. Also, enter this amount on Arizona Form 301, Part 1, line 15, columns (a) and (c)............................................................................................... Instructions For information or help, call one of the numbers listed: Phoenix (602) 255-3381 From area codes 520 and 928, toll-free (800) 352-4090 Tax forms, instructions, and other tax information If you need tax forms, instructions, and other tax information, go to the department’s website at www.azdor.gov. Income Tax Procedures and Rulings These instructions may refer to the department’s income tax procedures and rulings for more information. To view or print these, go to our website and click on Reports and Legal Research then click on Legal Research and select a document and category type from the drop down menus. Publications To view or print the department’s publications, go to our website and click on Reports and Legal Research then click on Publications. For more information about the Military Family Relief Fund, visit the Arizona Department of Veterans’ Services (ADVS) website at www.azdvs.gov. General Instructions NOTE: You must also complete Arizona Form 301, Nonrefundable Individual Tax Credits and Recapture, and include Forms 301 and 340 with your tax return to claim this credit. Arizona law allowing for a tax credit for cash donations made to the Military Family Relief Fund was extended to taxable year 2026. The ADVS established two subaccounts (pre-9/11 and post-9/11) for which a donor must designate which account the donor wishes the donation to be deposited into. If your donation qualifies for the credit, your credit will be the smaller of 1 through 4. ADOR 10395 (23) 1. 2. 3. 4. 2 3 4 00 00 00 5 00 6 00 Print Form The amount you donated to the fund during the taxable year. If you are a single taxpayer or a head of household, $200. If you are married filing a joint return, $400. If you are filing separate returns, you each may claim only 1/2 of the credit that would have been allowed on a joint return (up to a maximum of $200 each). Your tax liability for the taxable year. There is no carry forward for this credit. You must claim and use this credit on the tax return filed for the taxable year for which you made your donation. This credit is available only to individuals. Corporations may not claim this credit. A partnership may not pass the credit through to its partners. An S Corporation may not pass the credit through to its shareholders. You cannot claim both a tax credit and an itemized deduction for your donation. Before you claim this credit, you must have received a receipt from the ADVS. Your receipt must show all of the following: • your full name and address, • the last four digits of your Social Security Number (SSN), • the amount you donated, • the amount designated to each fund (pre-9/11 and/or post-9/11), and • your donation qualifies for the tax credit. Military Family Relief Fund The ADVS administers the Military Family Relief Fund. Donations deposited into the pre-9/11 veterans subaccount will be used to provide financial assistance. The service member of an applying family must have been deceased, wounded or injured or become seriously ill on or before September 11, 2001, been deployed from a military base in this state, claimed this state as the service member’s home of record, or been a member of the Arizona National guard at the time of deployment. If discharged from Continued on page 2 military service, the service member must have been discharged under honorable conditions. The assistance shall be based on financial need up to twenty thousand dollars per family. Donations deposited into the post-9/11 veterans subaccount will be used to provide financial assistance. The service member of an applying family must have been deceased, wounded or injured or become seriously ill after September 11, 2001, been deployed from a military base in this state, claimed this state as the service member’s home of record, or been a member of the Arizona National Guard at the time of deployment. If discharged from military service, the service member must have been discharged under honorable conditions. The assistance shall be based on financial need up to twenty thousand dollars per family. Your donations may qualify for this income tax credit. Donations will qualify for the credit if the total amount donated during the calendar year has not exceeded one million dollars. Donations made once the total donations for the calendar year reach one million dollars will not qualify for the credit. The determination of whether a donation will qualify for the credit is made on a first come, first served basis by the ADVS. The ADVS will provide you with a receipt that will let you know if your donation qualifies for the credit. The ADVS will also send a copy of that receipt to the Arizona Department of Revenue. Line-by-Line Instructions Enter your name and SSN as shown on Arizona Forms 140, 140PY, 140NR, or 140X. All returns, statements, and other documents filed with the department require a taxpayer identification number (TIN). The TIN for an individual is the taxpayer’s SSN or an Internal Revenue Service (IRS) individual taxpayer identification number (ITIN). Taxpayers that fail to include their identification number may be subject to a penalty. Line 1 To claim this credit, you must have received a receipt from the ADVS that indicates that your donation qualifies for the credit. Answer the question on line 1. • If your answer to this question is “No”, STOP, you do not qualify for the credit. • If your answer to this question is “Yes”, complete lines 2 through 6. ADOR 10395 (23) Line 2 Enter the amount of qualified donations that you (and if married, your spouse) made to the pre-9/11 veterans subaccount during 2023. Line 3 Enter the amount of qualified donations that you (and if married, your spouse) made to the post-9/11 veterans subaccount during 2023. Line 4 Enter the total qualified donations you (and if married, your spouse) made during 2023. Add lines 2 and 3. Enter the total. Line 5 Single taxpayers or head of household, enter $200. Married taxpayers filing a joint return, enter $400. Married taxpayers filing a separate return, enter $200. Line 6 Current year’s credit before tax: Enter the smaller of line 4 or 5. If you and your spouse are filing separate returns, you each may claim only 1/2 of the credit that would have been allowed on a joint return (up to a maximum of $200 each). Also, enter this amount on Arizona Form 301, Part 1, line 15, columns (a) and (c).
Arizona Form 340
More about the Arizona Form 340 Corporate Income Tax Tax Credit TY 2023
We last updated the Credit for Donations to Military Family Relief Fund in February 2024, so this is the latest version of Form 340, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 340 directly from TaxFormFinder. You can print other Arizona tax forms here.
Other Arizona Corporate Income Tax Forms:
TaxFormFinder has an additional 95 Arizona income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Schedule ACA | Schedule ACA - Air Carrier Apportionment |
| Form 120S | Arizona S Corporation Income Tax Return |
| Form 165 | Arizona Partnership Income Tax Return |
| Form 141AZ | Arizona Fiduciary Income Tax Return |
| 165 Schedule K-1 | Schedule K-1 Resident Partner's Share of Adjustment to Partnership Income |
View all 96 Arizona Income Tax Forms
Form Sources:
Arizona usually releases forms for the current tax year between January and April. We last updated Arizona Form 340 from the Department of Revenue in February 2024.
Form 340 is an Arizona Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Arizona Form 340
We have a total of ten past-year versions of Form 340 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2012 Form 340
Arizona Form 340
TaxFormFinder Disclaimer:
While we do our best to keep our list of Arizona Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.