AZ HB2359

Amends Arizona Revised Statutes section 43-1041 to increase the standard deduction for individual income tax by allowing taxpayers to add charitable deductions to their standard deduction amount for taxable years beginning after December 31, 2018.

Changes standard deduction amounts from text format to dollar amounts: $4,050 for single filers or married filing separately, and $8,100 for married filing jointly or heads of household.

Allows taxpayers to increase their standard deduction by the amount of charitable deductions they would have claimed if they had elected itemized deductions instead.

Makes grammatical and technical corrections throughout the statute, changing "shall be" to "is" and updating archaic language.

Applies retroactively to all taxable years beginning after December 31, 2018.