What is the Child Care Contribution Tax Credit Program?
The Colorado Child Care Contribution Credit allows Colorado taxpayers to claim an income tax credit of 50% of their total contribution. This is a program that promotes quality child care in Colorado for children twelve years of age and younger. The Colorado Coalition for the Homeless qualifies for this state tax credit by providing exceptional child care programs. A donation to this program does not also qualify for the Enterprise Zone tax credit. • When I donate to the Coalition, how do I take advantage of these tax credits? Please specify in the memo section of your check “Child Care Contribution” (CCC), “Denver Enterprise Zone” (DEZ), or “Jefferson County Enterprise Zone” (JEZ). If using a credit card online, simply choose that option from the drop-down list. If calling in your donation, please tell the Coalition representative. Remember, your donation only qualifies for one of these tax credits, though donations can be split between multiple tax credits. • What documentation is pro