Form Dr 0347 - Child Care Expenses Tax Credit
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3DR 0347 (09/10/15)
*DO=NOT=SEND*
COLORADO DEPARTMENT OF REVENUE
Denver CO 80261-0005
Child Care Expenses Tax Credit
Instructions
or if the provider is non-profit, include the statement
Use this form to determine if you can claim the Colorado
required to accompany your federal form 2441.
Child Care Expenses tax credit. You may be able to claim
the credit if you pay someone to care for your dependent
Part II- Qualifying Child Information
who is under age 13. For information about any federal
For lines 2a – 2d, list each qualifying child, their year of
form or publication listed below, please visit
birth and their Social Security number. You must also list
Eligibility
the amount of child care expenses for each specific child.
To be able to claim the Colorado credit for child care
Complete lines 2e through 4 as instructed on the form.
expenses, you must file federal form 1040 or 1040A. You
If the amount on line 4 is greater than $60,000 do not
cannot claim this credit if you filed federal form 1040EZ,
continue because you do not qualify for this credit.
1040NR or 1040NR-EZ. If you did not file a federal income
If line 4 is $60,000 or less, enter the amount from line 9 of
tax return, you may still be eligible for the Low Income
the IRS form 2441, Child and Dependent Care Expenses,
Child Care Expenses credit. To claim the low income credit,
on line 5 of this form DR 0347.
you must complete and submit with your Colorado return,
federal form 1040 and 2441. You must also meet all of the
For line 6 enter your tax from your federal income tax
return. See IRS form 1040 line 47 or 1040A line 28. If
following tests:
the amount of line 6 is greater than $0, continue to Part
1. The care must be for one or more qualifying persons
III. Otherwise, if line 6 is $0 or if you did not file a federal
who are identified on federal form 2441.
income tax return and your adjusted gross income is
2. You (and your spouse if filing jointly) must have earned
$25,000 or less, skip to Part IV.
income during the year.
If you have more than four qualifying children, include the
3. You must pay child care expenses so you (and your
statement required to accompany your federal form 2441.
spouse if filing jointly) can work or look for work.
Qualifying expenses are defined under Section 21 of
Part III- Child Care Expenses Credit
the Internal Revenue Code.
If you had federal tax on line 6 above, use line 4 to
4. You must make payments for child care expenses to
determine the decimal amount from Table A. Enter the
someone you (and your spouse) cannot claim as a
appropriate amount on line 7.
dependent. If you make payments to your child, he
For line 8 enter the amount from line 11 of IRS form 2441,
or she cannot be your dependent and must be age
Child and Dependent Care Expenses.
19 or older by the end of the year. You cannot make
For line 9 multiply line 8 by the decimal on line 7.
payments to:
Full–year residents should enter amount from this form on
a. Your spouse, or
line 9 to form 104CR line 1. If you completed Part III and
b. The parent of your qualifying person if your qualifying
you were a part-year resident, continue to Part V.
person is your child and under the age of 13.
5. You cannot claim this credit if your federal filing status
Part IV- Low-Income Child Care Expenses
is Married Filing Separate.
If you have no federal tax on line 6 and the amount of line
4 is $25,000 or less, use Table B to calculate the credit.
6. You must identify the care provider on this form.
Otherwise, go back to Part III to calculate your credit.
It is recommended that you fully review IRS Publication 503
for eligibility tests and the definition of qualifying income
For line 11 multiply line 3 by the decimal on line 10.
and children. All of the information in this form is required
For line 12 enter the smaller amount of line 11 or the
and your credit may be denied if it is incomplete.
appropriate amount from Table B.
Full–year residents should enter amount from this form on
Part I - Person or Organization Who Provided the Care
line 12 to form 104CR line 1. If you completed Part III and
Use this section to list the name, address and Social
you were a part-year resident, continue to Part V.
Security or Federal Employer ID number of the child care
provider(s) you used. If you are unable to provide the
Part V- Part Year Resident Limitation
Social Security or Federal Employer ID number of the child
Complete this part only if you were a part-year resident of
care provider, you must show that you attempted to obtain
Colorado in 2014. Enter the percentage from form 104PN
the required information by attaching such proof to this
line 34 on line 13 of this DR 0347.
form.
For line 14 multiple the amount from line 9 or line 12 by the
List the total amount paid for the full year of child care, paid
percentage from line 13. Enter this amount on line 1 of form
to each provider. If you have more than two care providers
104CR.
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