colorado child care contribution credit

maximize your charitable giving with 50% state tax credit

When you designate your generous donations to our Early Learning Center at the Florence Crittenton School, you are eligible to receive a 50% tax credit through the State of Colorado Child Care Contribution Tax Credit program. Your gift will help the babies of teen mothers get a healthy start in life and will maximize the impact of your charitable giving.

Donors that make a monetary contribution to promote child care in Colorado may claim an income tax credit of 50% of the total contribution. Combined with other state and federal itemized tax deductions, the actual net cost of a donation is approximately one third (1/3) of your gift. Stock and real estate gifts are not eligible for this credit. (Colorado Department of Revenue Taxpayer Service Division. FYI Income 35 Child Care Contribution Credit, revised September 2004.)

For more information, please visit www.revenue.state.co.us and search for "child care tax credit."