Arizona § 43-1073 Family income tax credit

Arizona Statutes

§ 43-1073 — Family income tax credit

Arizona § 43-1073

Title 43Arizona Revised Statutes

Ch. 10INDIVIDUALS

Art. 5Credits

This text of Arizona § 43-1073 (Family income tax credit) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 43-1073 (2026).

Text

A.Subject to the conditions prescribed by this section, a credit is allowed against the taxes imposed by this chapter for a taxable year for taxpayers whose Arizona adjusted gross income, plus the amount subtracted for exemptions under section 43-1023 and the amount subtracted for Arizona small business gross income under section 43-1022, paragraph 28, is:

1.$20,000 or less in the case of a married couple filing a joint return with not more than one dependent or a single person who is a head of a household with not more than one dependent.

2.$23,600 or less in the case of a married couple filing a joint return with two dependents.

3.$27,300 or less in the case of a married couple filing a joint return with three dependents.

4.$31,000 or less in the case of a married couple filing

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A. Subject to the conditions prescribed by this section, a credit is allowed against the taxes imposed by this chapter for a taxable year for taxpayers whose Arizona adjusted gross income, plus the amount subtracted for exemptions under section 43-1023 and the amount subtracted for Arizona small business gross income under section 43-1022, paragraph 28, is:

1. $20,000 or less in the case of a married couple filing a joint return with not more than one dependent or a single person who is a head of a household with not more than one dependent.

2. $23,600 or less in the case of a married couple filing a joint return with two dependents.

3. $27,300 or less in the case of a married couple filing a joint return with three dependents.

4. $31,000 or less in the case of a married couple filing a joint return with four or more dependents.

5. $20,135 or less in the case of a single person who is a head of a household with two dependents.

6. $23,800 or less in the case of a single person who is a head of a household with three dependents.

7. $25,200 or less in the case of a single person who is a head of a household with four dependents.

8. $26,575 or less in the case of a single person who is a head of a household with five or more dependents.

9. $10,000 or less in the case of a single person or a married person filing separately.

B. The amount of the credit is equal to $40 for each person who is a resident of this state and who is either the taxpayer, the taxpayer's spouse who does not file a return or a dependent but may not exceed:

1. $240 in the case of a married couple filing a joint return or a single person who is a head of a household.

2. $120 in the case of a single person or a married couple filing separately.

3. For any taxpayer, the amount of taxes due under this chapter for the taxable year.