COtax_creditpct_of_investment

Enterprise Zone Job Training Tax Credit

CO-EZ-TRAIN · Colorado

Summary

Tax credit of 12% of qualifying job-training expenditures for employees working in a Colorado Enterprise Zone. Eligible costs include cost of qualified training materials, instructor compensation, and participating employee wages during training (subject to OEDIT regulations).

Benefit

Percentage
12% of program_cost
Flat
Duration
Max annual
(taxpayer)
Max total
(taxpayer)
Carryforward

Program metadata

Distribution
taxpayer_earned
Claimant subject
business
Refund/transfer election
none
Program family
Effective
Sunset
Application deadline
Transfer discount

Hard requirements (1)

  • local_approval_requiredEZ administrator (one of 16 OEDIT-designated administrators) must pre-certify the qualifying activity (investment / hire / training / health-insurance contribution / R&D activity / contribution donee) before the credit is realizable. Procedural.

Preference / tiering rules (0)

None.

NAICS industries (0)

Any.

Geo zones (1)

  • enterprise_zone · Colorado Enterprise Zones (16 zones, OEDIT-designated)

Tags (4)

  • reported_on_form: DR_1366
  • oedit_refund_certificate_path: When OEDIT issues a refund certificate (typically tied to CO-CHIPS-REFUNDABLE participation), post-certificate credits are claimed via DR 1370 as refundable; pre-certificate carryforwards remain on DR 1366.
  • refund_certificate_form: DR_1370
  • pte_distribution_form: DR_0078A

Tax bases

  • corporate_income_taxprimary

Approval requirements (1)

  • requiredCO Enterprise Zone administrator certificationEZ administrator (one of 16 OEDIT-designated regional administrators, see qualified_intermediaries) pre-certifies the activity before the credit is realizable.

Source