*DO=NOT=SEND*
DR 0617 (09/11/15)
COLORADO DEPARTMENT OF REVENUE
Denver, CO 80261-0005
Innovative Motor Vehicle Credit and Innovative Truck Credit
Tax Years 2014-2016
Instructions
Use this form to calculate the innovative motor vehicle and innovative
Line 15. Transfer the allowable credit amount to the appropriate income
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 needed
cost. See for information regarding eligibility for this
for the specific credit type. Part 2 shall be used for the innovative motor
credit. The innovative truck credit is only available for vehicles purchased,
vehicle credit that is generally available for electric and plug-in hybrid electric
leased or converted on or after July 1, 2014 – except for hydraulic hybrid
vehicles. Part 3 shall be used for the innovative truck credit that is generally
truck conversions, which qualify if converted on or after January 1, 2014.
available for trucks that run on CNG and LPG and aerodynamic technologies.
Vehicles purchased, leased or converted prior to July 1, 2014 do not
Part 4 shall be used for vehicles that are qualifying diesel-electric hybrids.
qualify for the innovative truck credit except for hydraulic hybrid truck
You must complete a separate DR 0617 for each purchased, leased or
conversions.
conversion vehicle, truck or trailer.
Line 17. Enter any federal credit for which the purchaser, lessor or lessee
You must submit the completed form DR 0617, along with copies of the
is eligible – whether or not such credit was claimed. Information regarding
vehicle registration and vehicle invoice, purchase agreement, or lease
the federal credits can be found at
agreement with the income tax form (Form 104, Form 112, etc.) on which
Line 18. Enter any other grants, credits or rebates (including any
you are claiming the credit.
manufacturer’s rebates) for which the purchaser, lessor or lessee is
Part 1 – Vehicle Information
eligible.
Lines 1-4. Enter the make, model, model year, and vehicle identification number
Line 21. Credit percentage.
(VIN) to identify the motor vehicle for which the credit is being claimed. If multiple
Type*
Percentage
vehicles are eligible during this tax year, you must complete a separate DR 0617
for each purchased, leased or conversion vehicle, truck or trailer.
Vehicle or trailer purchase (Categories 4B, 7,
18%
Line 5. Enter the date the vehicle was purchased, leased or converted.
and 8)
Line 6. Designate whether the vehicle was purchased new, purchased
Vehicle or trailer conversion (Categories 4C, 7A,
55%
used, leased or converted by marking the appropriate check box.
8A, and 9)
For innovative trucks, designate whether the truck is being claimed for
Installation of aerodynamic technologies
Idling Reduction Technologies, Aerodynamic Technologies, Clean Fuel
25%
(Category 6)
Refrigerated Trailer, Compressed Natural Gas (CNG) or an Electric Truck
or Plug-In Hybrid Electric Truck by marking the appropriate check box.
* Please visit our website and §39-22-516.8, C.R.S. for complete
Additionally, list the Gross Vehicle Weight where requested.
definitions of the vehicle categories listed above.
Part 2 – Calculation of Innovative Motor Vehicle Credit
Line 23. Maximum allowable credit.
Line 7. Enter the base model MSRP, used vehicle cost, leased value, or
Type*
Maximum
conversion cost for the qualifying vehicle. If the vehicle was purchased
new, enter the MSRP for the base model of the vehicle without any
Passenger vehicle purchase or conversion
$6,000
optional features or equipment. The MSRP can usually be found on the
manufacturer’s website. Use the MSRP for the base model of the vehicle
Light duty truck purchase or conversion
$7,500
without upgrades (for special trim packages, entertainment systems,
etc). If the vehicle was purchased used, enter the total amount paid. If
Medium duty truck purchase or conversion
$15,000
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.
Line 12. Credit percentage.
Hydraulic hybrid truck conversions
$6,000
Type*
Credit Percentage
* Please visit our website and §39-22-516.8, C.R.S. for complete
Electric and plug-in hybrid electric vehicles not
Battery capacity
definitions of the vehicle categories listed above.
exceeding 8,500 lbs. GVWR (Category 1)
divided by 100
Line 24. Transfer the allowable credit amount to the appropriate income
Electric and plug-in hybrid electric vehicle
tax form (Form 104, Form 112, etc.) where requested.
75%
conversion (Category 1A)
Part 4 – Credit for Purchase or Conversion of Qualifying Diesel-
Light to medium duty vehicle/truck purchased
Electric Hybrid
that operates exclusively on CNG, LPG or bio-
12.25%
Line 25. Refer to §39-22-516.7, C.R.S. to determine vehicle eligibility
fuel (Category 4)
and to calculate the credit. Transfer the allowable credit amount to the
appropriate income tax form (Form 104, Form 112, etc.) where requested.
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.