May we make an agreement to recommend someone elses child in exchange for their recommending our child?
No, that may violate the intent of the statutes prohibition on designating ones dependent. TWO MAJOR BENEFITS FROM USING ARIZONA TUITION ORGANIZATION (AZTO) ARE AS FOLLOWS: 1) At least 93% of contributions received will be awarded! 2) Tuition Grants are awarded monthly! The tuition grant disbursement will be awarded the month following receipt of both the Donation Form (with donation) and the Grant/Scholarship Application, pending board approval. These questions and answers are not intended to provide individuals with tax or legal advice. Interested persons should consult the Arizona Department of Revenue, the Internal Revenue Service, or their tax advisor for specific guidance relative to their particular tax situation. Additional information may be obtained from the Department of Revenues website at www.azdor.gov/brochure/707.pdf or by calling (602) 255-3381 in Phoenix or (800) 352-4090, toll-free for other areas.
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- May we make an agreement to recommend someone elses child in exchange for their recommending our child?
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