Colorado Child Care Contribution Tax Credit
Help your community kids today.
Help yourself to a tax credit in April.
We appreciate your interest in helping young children in Boulder. The Colorado Child Care Contribution Tax Credit Program provides a state tax credit for contributions made to a qualifying child care organization or fund. Since the City of Boulder - Family Services Child Care Subsidy Program qualifies for the Colorado Child Care Contribution Tax Credit, you may be able to claim an income tax credit of 50% of your total contribution. And you don't even have to have children to take advantage of it.
Your donation gives kids access to quality child care
This area has on average the fourth highest child care cost of any community in Colorado. As a result moderate- to low-income families face challenges in finding and paying for quality care. Quality care is so important for the critical development which happens in the early years. Your individual or business financial contribution helps make this care more accessible through the child care subsidy program, which provides financial assistance to help eligible, low-income families pay for quality child care.
How to donate
Making a donation is easy! Just fill out the donation form and send it in. Upon receipt of your donation we will send you the Child Care Contribution Tax Credit Certification (DR 1317) certifying your child care contribution.
For more information please review Colorado Dept. of Revenue Publication FYI Income 35. (http://www.colorado.gov/pacific/tax, Alpha Index “F,” FYI Publications – Income Tax, Income 35: Child Care Contribution Tax Credit)
Consult your tax advisor as situations vary.