Get DR 1317 Child Care Contribution Tax Credit Certificate

The Colorado Child Care Contribution Tax Credit enables qualified child care providers and intermediary organizations to receive financial donations directly from individuals and businesses. These funds can be used by the child care program in a number of ways, including: Purchase enrichment materials.

The Colorado Child Tax Credit is a new credit related to the federal credit. It is available for Colorado residents to claim on their 2022 Colorado income tax return when they file beginning in January 2023.

$2,000 per The 2023 child tax credit (taxes filed in 2024) is worth up to $2,000 per qualifying dependent under the age of 17. The credit amount decreases if your modified adjusted gross income exceeds $400,000 (married filing jointly) or $200,000 (all other filers). Child Tax Credit 2023-2024: Requirements, How to Claim nerdwallet.com https://.nerdwallet.com › article › taxes › qualify-ch... nerdwallet.com https://.nerdwallet.com › article › taxes › qualify-ch...

To be able to claim the Colorado credit for child care expenses, you must file federal form 1040, 1040SR, 1040SP, or 1040NR and you (and/or your spouse) must have been a part or full-year resident of Colorado. Colorado non-resident filers may not claim this credit.

Taxpayers claim the credit by submitting the Child Care Contribution Tax Credit Certification (Form DR 1317), which is completed by the organization that they contributed to, with their Colorado income tax return where they also report the credit amount claimed. CHILD CARE CONTRIBUTION CREDIT colorado.gov https://leg.colorado.gov › sites › default › files › 2021_te... colorado.gov https://leg.colorado.gov › sites › default › files › 2021_te...

The child and dependent care credit is a tax credit that may help you pay for the care of eligible children and other dependents (qualifying persons). Child and Dependent Care Credit FAQs | Internal Revenue Service irs.gov https://.irs.gov › newsroom › child-and-dependent-... irs.gov https://.irs.gov › newsroom › child-and-dependent-...

You can claim the Canada training credit when you complete your income tax and benefit return. The Canada training credit (CTC) claimed on line 45350 of your income tax and benefit return will reduce your tax owing.

You may qualify for the State Child Tax Credit if: You are a single filer with a Federal Adjusted Gross Income up to $75,000. You are a joint filer with a Federal Adjusted Gross Income up to $85,000. Colorado Child Tax Credit (CTC) | Department of Revenue - Taxation colorado.gov https://tax.colorado.gov › colorado-child-tax-credit colorado.gov https://tax.colorado.gov › colorado-child-tax-credit