DR 0112CR: Credit Schedule for Corporations (2024)
Colorado · Colorado DOR · Used for tax years 2024
Colorado Form DR 0112CR is the 2024 Credit Schedule for Corporations, submitted with the tax return. It reports available nonrefundable tax credits, including prior-year carryforwards, and the amounts used to offset 2024 tax.
Who files this form
Corporations claiming credits listed on the 2024 DR 0112CR must submit this schedule with their tax return. Use the schedule to determine which tax credits you are eligible to claim.
What you'll need
Submit the required supporting documents and schedules for each credit you claim. The form lists these requirements:
| Credit | Required documents |
| --- | --- |
| Child Care Contribution | DR 1317 |
| Child care center/family care home investment | Facility license and list of depreciable tangible personal property |
| Employer child care facility investment | Facility license and list of depreciable tangible personal property |
| School-to-Career investment | Certification letter |
| Colorado works program | Letter from the county Department of Social/Human Services |
| Remediation of Contaminated Land | CDPHE certification and DR 0349 |
| Colorado Job growth incentive | OEDIT certification |
| Certified Colorado Disability Funding Committee License Fee | Copy of the certification |
| Affordable housing | CHFA certification |
| Preservation of Historic Structures, line 18 | Certificate from OEDIT, History Colorado, or the local granting authority |
| Rural Jump Start Zone | Certificate from the Office of Economic Development and DR 0113 |
| Employer contributions to employee 529 plan | DR 0289 |
| Employer paid leave of absence for live organ donation | Completed DR 0375 |
| Homeless Contribution | Certificate substantiating your contribution |
| Nonrefundable Residential Energy Storage Systems | DR 1307 |
| Enterprise Zone Contribution | OEDIT certificate |
You must also enter the credit certificate number for the Preservation of Historic Structures credit on line 19 and for the Homeless Contribution Credit on line 24.
How to file
Submit DR 0112CR with your 2024 tax return.
- Electronically: Revenue Online can be used to file your return and attachments electronically. The form also notes that most e-file products and tax preparers can submit attachments electronically.
- If documents are not attached electronically: Complete and submit DR 1778 with your return and include all required supporting documents.
- On paper: Include all required documents with your paper return.
The supplied form text does not give a mailing address.
Common mistakes
- Leaving out supporting documents. Submit the required documentation and supporting schedules for every credit claimed.
- Using the wrong column. Column A is the total credit generated in 2024 plus available prior-year carryforwards. Column B is the portion used to offset 2024 tax.
- Including certificate numbers in credit totals. Exclude lines 19 and 24 when adding lines 2 through 27 for line 28.
- Claiming more than the tax liability. Total credits on line 28B cannot exceed the tax on line 1.
- Skipping rounding rules. Round dollar amounts to the nearest whole dollar and calculate percentages to the fourth decimal place.
- Using inconsistent identifying information. The corporation name and CAN or FEIN on page 2 must match page 1.
Questions people ask
What goes in Columns A and B?
Enter credits generated in 2024 and available prior-year carryforwards in Column A. Enter the portion used to offset 2024 tax in Column B.
Can I carry unused credits forward?
If Column A is larger than Column B, the form says the credit can generally be carried forward to future years.
Where do I get the tax liability for line 1?
Use the tax liability from DR 0112, line 19.
How do I total the credits and report them on my return?
Total each column for lines 2 through 27, excluding the certificate numbers on lines 19 and 24. Enter the totals on line 28 and transfer Column B to DR 0112, line 20. Line 28B cannot exceed the tax on line 1.
Can I submit supporting documents electronically?
Yes. Revenue Online can be used to file your return and attachments electronically. If you do not attach documents electronically, the form directs you to complete and submit DR 1778 with your return and include all required supporting documentation.