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3DR 0617 (10/08/14)
COLORADO DEPARTMENT OF REVENUE
Denver, CO 80261-0005
Innovative Motor Vehicle Credit and Innovative Truck Credit
Tax Year 2014
Instructions
Line 15. Transfer the allowable credit amount to the appropriate income
Use this form to calculate the innovative motor vehicle and innovative
truck credit available for the purchase, lease, or conversion of a qualifying
tax form (Form 104, Form 112, etc.) where requested.
motor vehicle. Please visit prior to completing this
Part 3 – Calculation of Innovative Truck Credit
form to review our publications about these credits.
Line 16. Enter the vehicle cost, lease value, conversion cost or installation
Complete Part 1 for the vehicle before proceeding to Part 2, 3 or 4 as
cost. See for information regarding eligibility for this
needed for the specific credit type. Part 2 shall be used for the innovative
credit. The innovative truck credit is only available for vehicles purchased,
motor vehicle credit that is generally available for electric and plug-in
leased or converted on or after July 1, 2014 – except for hydraulic hybrid
hybrid electric vehicles. Part 3 shall be used for the innovative truck
truck conversions, which qualify if converted on or after January 1, 2014.
credit that is generally available for trucks that run on CNG and LPG
Vehicles purchased, leased or converted prior to July 1, 2014 do not
and aerodynamic technologies. Part 4 shall be used for vehicles that are
qualify for the innovative truck credit except for hydraulic hybrid truck
qualifying diesel-electric hybrids.
conversions.
You must complete a separate DR 0617 for each purchased, leased or
Line 17. Enter any federal credit for which the purchaser, lessor or lessee
conversion vehicle, truck or trailer.
is eligible – whether or not such credit was claimed. Information regarding
You must submit the completed form DR 0617, along with copies of the
the federal credits can be found at
vehicle registration and vehicle invoice, purchase agreement, or lease
Line 18. Enter any other grants, credits or rebates (including any
agreement with the income tax form (Form 104, Form 112, etc.) on which
manufacturer’s rebates) for which the purchaser, lessor or lessee is
you are claiming the credit.
eligible.
Part 1 – Vehicle Information
Line 21. Credit percentage.
Lines 1-4. Enter the make, model, model year, and vehicle identification
Type*
Percentage
number (VIN) to identify the motor vehicle for which the credit is being
claimed. If multiple vehicles are eligible during this tax year, you must
Vehicle or trailer purchase (Categories 4B, 7,
18%
complete a separate DR 0617 for each purchased, leased or conversion
and 8)
vehicle, truck or trailer.
Vehicle or trailer conversion (Categories 4C, 7A,
Line 5. Enter the date the vehicle was purchased, leased or converted.
55%
8A, and 9)
Line 6. Designate whether the vehicle was purchased new, purchased
Installation of aerodynamic technologies
used, leased or converted by marking the appropriate check box.
25%
(Category 6)
For innovative trucks, designate whether the truck is being claimed for
Idling Reduction Technologies, Aerodynamic Technologies, Clean Fuel
* Please visit our website and §39-22-516.8, C.R.S. for complete
Refrigerated Trailer, Compressed Natural Gas (CNG) or an Electric Truck
definitions of the vehicle categories listed above.
or Plug-In Hybrid Electric Truck by marking the appropriate check box.
Line 23. Maximum allowable credit.
Additionally, list the Gross Vehicle Weight where requested.
Part 2 – Calculation of Innovative Motor Vehicle Credit
Type*
Maximum
Line 7. Enter the MSRP, used vehicle cost, leased value, or conversion
Passenger vehicle purchase or conversion
$6,000
cost for the qualifying vehicle. If the vehicle was purchased new, enter
the MSRP for the base model of the vehicle without any optional features
Light duty truck purchase or conversion
$7,500
or equipment. The MSRP can usually be found on the manufacturer’s
website. If the vehicle was purchased used, enter the total amount paid.
Medium duty truck purchase or conversion
$15,000
If the vehicle was leased, enter the leased value (see FYI Income 67). If
(except hydraulic hybrid trucks)
the vehicle was converted, enter the conversion cost. For idling reduction
Heavy duty truck purchase or conversion
technologies, enter the total installation cost.
$20,000
(excluding hydraulic hybrid trucks)
Line 8. Enter any federal credit for which the purchaser, lessor or lessee
Clean fuel refrigerated trailer purchase or
is eligible – whether or not such credit was claimed. Information regarding
$7,500
the federal credits can be found at
conversion
Line 9. Enter any other grants, credits or rebates (including any
Installation of aerodynamic technologies
$6,000
manufacturer’s rebates) for which the purchaser, lessor or lessee is
eligible.
Hydraulic hybrid truck conversions
$6,000
Line 12. Credit percentage.
* Please visit our website and §39-22-516.8, C.R.S. for complete
Type*
Credit Percentage
definitions of the vehicle categories listed above.
Electric and plug-in hybrid electric vehicles not
Battery capacity
Line 24. Transfer the allowable credit amount to the appropriate income
exceeding 8,500 lbs. GVWR (Category 1)
divided by 100
tax form (Form 104, Form 112, etc.) where requested.
Electric and plug-in hybrid electric vehicle
Part 4 – Credit for Purchase or Conversion of Qualifying Diesel-
75%
Electric Hybrid
conversion (Category 1A)
Line 25. Refer to §39-22-516.7, C.R.S. to determine vehicle eligibility
Light to medium duty vehicle/truck purchased
and to calculate the credit. Transfer the allowable credit amount to the
that operates exclusively on CNG, LPG or bio-
12.25%
appropriate income tax form (Form 104, Form 112, etc.) where requested.
fuel (Category 4)
Light to medium duty vehicle/truck converted
to operate exclusively on CNG, LPG or bio-fuel
25%
(Category 4A)
Idling reduction technology (Category 5)
25%
* Please see §39-22-516.7, C.R.S. for complete definitions of the vehicle
categories listed above.
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