Arizona estimated tax payments are not required to be made in 2021 to account for the new 3.5% surcharge tax added by Proposition 208. Pursuant to Arizona Revised Statutes § 43-581, taxpayers will not incur a penalty for the underpayment of estimated taxes, provided the amount of estimated tax or withholding paid by the taxpayer equals or exceeds the taxpayer's 2020 income tax liability.
Filers Encouraged to E-file
Individuals needing additional support during tax filing season can benefit from the following free tax filing services that are available:
Adult use marijuana dispensaries must remit transaction privilege tax (TPT) and marijuana excise tax (MET) to the Arizona Department of Revenue.
Marijuana establishments are liable for retail TPT and MET on adult use marijuana products immediately upon being licensed by the Arizona Department of Health Services to make such sales to Arizona consumers.
Taxpayers can file now and schedule payments up until the deadline.
The Arizona Department of Revenue (ADOR) reminds transaction privilege tax filers that monthly returns are due. Filing before the deadline is highly encouraged in the event assistance is required.
The State of Arizona’s individual income tax filing season for tax year 2020 has opened. The deadline to file and pay is April 15.
The Arizona Department of Revenue (ADOR) encourages taxpayers to file electronically and have refunds direct deposited to help reduce errors and the potential for tax fraud. During the last tax filing season, about 90 percent of Arizona individual income tax returns were e-filed.
Taxpayers should be intentional when selecting their tax preparers this tax season, because they are ultimately responsible for what is filed, no matter who prepared the return.
Taxpayer responsibilities:
The Arizona Department of Revenue is delighted to expand its resources and webpages to assist contractors. The agency is continuously improving and innovating its websites to provide quick guidance to taxpayers.
Maricopa - On December 21, 2020, a state Grand Jury indicted Michelle Schaefer, a tax preparer and owner of MM Tax Solutions, on charges of Fraudulent Schemes and Artifices, four counts of Preparing False Tax Returns and four counts of Forgery for allegedly preparing Arizona personal income tax returns that contained fraudulent information for tax year 2018.
The Arizona Department of Revenue’s (ADOR) Unclaimed Property program has identified more than $45 million that belonged to over 159,000 people with last known addresses in Maricopa County reported last year.
The agency is seeking potential property owners and their families to attempt to return the funds. The largest property due to a single owner being over $596,000.
Website information and outreach team in place
Dedicated web pages on the Department of Revenue’s website – www.azdor.gov - are now live.