The Colorado Child Care Contribution Credit (5C) was established to encourage greater private support of Colorado child care programs, like those provide by the HEA Preschool. It is a contribution” to a childcare facility through the HEA Preschool Development fund.
Because monetary contributions qualify for this credit you MAY be able to decrease the after- tax cost of your gifts ON YOUR COLORADO TAXES.
In-kind gifts, such as stock or other securities, labor or equipment DO NOT qualify for the tax credit.