Form 104cr - Individual Credit Schedule - 2006 Page 2
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1
2Other Personal Credits–
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26 Plastic recycling investment credit ............................................................. 26
.00
Colorado minimum tax credit (2006 federal minimum tax Cr $ ___________ ) ... 27
27
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28 Historic property preservation credit .......................................................... 28
.00
29 Child care center investment credit ........................................................... 29
.00
30 Employer child care facility investment credit ............................................ 30
.00
31 School-to-career investment credit ............................................................ 31
.00
32 Colorado works program credit ................................................................. 32
.00
33 Child care contribution credit ..................................................................... 33
.00
34 Rural technology enterprise zone credit carryforward ............................... 34
.00
35 Long term care insurance credit ................................................................ 35
.00
36 Contaminated land redevelopment credit .................................................. 36
.00
37 Low-income housing credit ........................................................................ 37
.00
38 Weather related livestock sale credit carryforward .................................... 38
.00
39 Aircraft manufacturer new employee credit ............................................... 39
.00
40 Total of lines 26 through 39 ................................................................................................... 40
.00
41 Total personal credits, add lines 25 and 40. Enter here and on line 19, Form 104 ............... 41
42 Alternative fuel vehicle credit: Vehicle Make ________ Year _____
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Model ___________ New
Used
... 42
.00
43 Alternative fuel refueling facility credit ...................................................... 43
44 Total alternative fuel credits-Add lines 42 and 43. Enter here and on
.00
line 20, Form 104 .................................................................................................................. 44
.00
45 Gross conservation easement credit, enter here and on line 21, Form 104 ....................... 45
If the total of lines 17, 41, 44, and 45 on this Form 104CR exceeds the total of lines 15 and 16, Form 104, see
the limitation at the bottom of this form.
Credits to be carried forward to 2007:
LIMITATION: The total credits you claim on lines 17, 41, 44 and 45 of this Form 104CR may not exceed the total tax on lines 15 and
16 of your income tax return, Form 104. If you have excess credits, you must choose which credits you are going to use against
your 2006 tax and enter those amounts on lines 19 through 22 of Form 104. Most unused 2006 credits may be carried forward and
claimed on your 2007 Colorado income tax return.
ATTACH THIS FORM TO YOUR COMPLETED INCOME TAX RETURN FORM 104
INSTRUCTIONS FOR FORM 104CR
expense. If your federal credit is a combined child care
FYI
CHILD CARE CREDIT.
FYI
and dependent care credit, refer to
33.
If, during 2006, you were a Colorado resident, your federal ad-
4 Enter the percentage from the following table:
justed gross income was $60,000 or less, and you claim a child
care credit on your 2006 federal income tax return, you may
Your Federal Adjusted Gross Income
Your Percentage
FYI
claim a Colorado child care credit. See
FYI
33.
More Than:
But Not More Than:
$0
$25,000
50%
1 Enter the federal adjusted gross income from federal
Form 1040, line 37, or from federal Form 1040A, line
$25,000
$35,000
30%
21.
$35,000
$60,000
10%
2 Enter the federal tax from federal Form 1040, line 46,
5 Multiply the amount on line 3 by the percentage on
or from federal Form 1040A, line 28. If this amount is
line 4.
$0, you do not qualify for the child care credit and you
6 Part-year residents must apportion their Colorado
must enter $0 on line 5.
child care credit by their Colorado percentage from
3 Enter the child care credit you claimed on your 2006
line 34 of Form 104PN. The resulting credit can not
federal income tax return. This will be the smaller
exceed 100% of the credit on line 5.
of the amounts on line 46 or 48 of your federal Form
7 If you claimed a child care credit on line 5 or 6, enter
1040, or the smaller of the amounts on line 28 or 29 of
the name, date of birth and social security number of
your federal Form 1040A.
your eligible children in the space provided. Attach a
The Colorado child care credit is allowed only on ex-
schedule if additional space is needed.
penses incurred for the care of children under age 13.
Colorado does not allow a credit for dependent care
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