Section 43-1073 - Family income tax creditA. 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.Amended by L. 2022, ch. 235,s. 13, eff. 9/23/2022.Amended by L. 2019, ch. 273,s. 26, eff. 8/27/2019.