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Whiz Kids is a qualifying organization 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.
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