Involvement

Invest in Kids' Incredible Years program qualifies for the Colorado Child Care Contribution Tax Credit. This tax credit allows for a 50% credit toward your State of Colorado income tax liability up to $100,000 annually. This tax credit is available for individuals and businesses, and any unused portion of the tax credit may be carried forward for up to five years. Below are some sample contribution amounts and the actual net cost of that donation after Federal and State of Colorado income tax deductions and Colorado Child Care Tax Credits have been applied. Take a close look at the significant difference between your contribution and the actual net cost of that contribution.

Gift Amount	$500	$1,000	$5,000
Federal and State Tax Deduction	$86.50	$173	$865
Child Care Contribution Tax Credit	$250.00	$500	$2,500
Total Tax Savings	$336.50	$673	$3,365
Actual Cost of Donation	$163.50	$327	$1,635
Please note: This estimate assumes a 28% tax bracket and is for illustrative purposes only.  Situations may vary.  Please consult with your tax advisor.

In order to receive this credit, you must specify "CCCC" or "The Incredible Years" on your donation (in the memo line of your check, for example).  Unfortunately, donations made in the form of goods and services or stock are not eligible for this credit.  Please consult with your tax advisor.