Form Dr 0078 - Application For Extended Enterprise Zone Tax Credits - Colorado Department Of Revenue Page 3
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3DR 0078 Instructions
A taxpayer may request an extension of enterprise zone
Extended credits are available only to the taxpaying entity
tax credits in:
that existed in the enterprise zone and filed the application
• a terminated enterprise zone area for up to 10 tax years,
for the extended credits. There is no provision for the
transfer of those credits to a subsequent related entity.
and
• a terminated enhanced rural enterprise zone area for up
Nothing in this certification shall be construed to grant tax
to 5 years
benefits that have been repealed by the general assembly
following the termination year. The taxpayer must jointly
or to grant tax benefits in excess of the limits established
certify with the zone administrator that plans were in place
by law.
for job creation, investment in job training programs, or
capital expansion before the announcement of the zone
Section IV: When first filing this form to request
termination. Detailed business planning documentation
certification, information is required for each tax credit
supporting the planned investment and job increases must
that is expected to be claimed during the extended credit
be kept with your tax records and supplied to the zone
period. Provide the cumulative total of the amount of
administrator or the Department of Revenue upon request.
investment, job training program expenditures, or number
[C.R.S. 39-30-103(6)(a)]
of NBF employees that will qualify for the credit and the
cumulative total of the anticipated tax credits over the next
Submit this form and a summary of the business plan to
five or ten year extension period. If the five-year extension
the local enterprise zone administrator. Upon review and
is claimed for the enhanced rural enterprise zone credit,
approval, the zone administrator will sign the certification
write "enhanced" after the name of the credit.
form and return it to the mailing address provided.
When preparing your tax return each year during the five
Retain the certified form with your tax records. For any year
or ten year extended period, provide the tax year and
in which credits are earned and claimed the form must be
the amount of the credit that is actually claimed during
updated and, along with Form DR 0074, submitted to the
that year in the boxes provided below each credit. The
local enterprise zone administrator for certification. The
cumulative total of each tax credit claimed during the
zone administrator will return the certified forms, which
extension period can not exceed the amount originally
must be filed with your Colorado income tax return. For tax
certified in the cumulative total column.
years 2012 and after, any enterprise zone credit must be
claimed on an electronically filed return. Please see the DR
1366 form for more details.
Colorado Department of Revenue
Denver, CO 80261-0005
Telephone 303-238-SERV(7378)
Taxation Web site:
Colorado Office of Economic Development and International Trade
1625 Broadway, Suite 2700
Denver, CO 80202
Telephone 303-892-3840
For a list of Zone Administrators and their contact information, visit:
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