Colorado Child Care Contribution Tax Credit
This tax credit was established to encourage greater support of Colorado child care programs. You may be able to leverage your gift of $10,000 or more with a 50 percent Colorado state income tax credit.
Policy for 2022
Colorado Child Care Tax Credit is available for donations made to Denver Academy of Torah of $10,000 or more, paid in full. Credits are awarded on a first come, first serve basis. Tax credits do not apply to stock gifts or gifts from donor advised funds. Tax credits reflect giving in calendar year 2022.
Also, individuals who make a first-time gift of $5,000 or more by May 1, 2022 are eligible to receive tax credits as a one-time offer.
Please consult your tax or financial advisor before making a gift to ensure eligibility and to learn how the credit will affect your personal financial circumstances.