Donations

Make a huge difference in a child’s life and benefit from the COLORADO CHILDCARE CONTIBUTION TAX CREDIT It’s too good to ignore.
 
Taxpayers that make a monetary contribution to promote child care in Colorado may claim an income tax credit of 50 percent of the total contribution in addition you may still claim your full contribution as a charitable deduction on your federal and state income tax returns if you itemize deductions. Therefore assuming average state income taxes, you can donate a dollar and have it cost you only $.35, after the tax credit. As always, you should consult with your tax advisor to determine how the credit will affect you personally.