DR 0348T: Remediation of Contaminated Land Credit Transfer Schedule (2024)
Colorado · Colorado DOR · Used for tax years 2024
Colorado Form DR 0348T is the 2024 Remediation of Contaminated Land Credit Transfer Schedule. It reports credit amounts transferred, each transferee’s name and tax identification number, transfer dates, and tax credit certificate numbers.
Who files this form
The 2024 form says you must include this schedule with your return if you are claiming this credit.
The schedule is used by the transferor to report the amount of Remediation of Contaminated Land Credit transferred for tax year 2024.
When it's due
For tax year 2024, report credits transferred for that year, including 2024 credits transferred through the due date for the return. The form describes that due date as usually April 15, without specifying the calendar year of that date.
What you'll need
Have these details ready to complete the schedule:
- Your name or business name, taxpayer identification information, and Colorado Account Number.
- For each transfer: the transferee’s name, SSN, ITIN, or FEIN, date of transfer, and amount of credit.
- The tax credit certificate number issued by the Colorado Department of Public Health and Environment when the transfer agreement was filed.
How to file
Complete the taxpayer information and list the details of each credit transfer for tax year 2024. Submit additional pages as needed.
Include the completed schedule with your return. The supplied form does not give a mailing address or e-filing instructions.
Common mistakes
- Leaving the schedule out of your return. The form says it must be included if you are claiming this credit.
- Omitting transfers made through the return’s due date. Include 2024 credits transferred through that date.
- Leaving out the certificate number. List the number issued by the Colorado Department of Public Health and Environment when the transfer agreement was filed.
- Listing a disregarded entity incorrectly. If either party is a disregarded entity, list the filing taxpayer’s name followed by the entity’s name in parentheses. Use the filing taxpayer’s SSN, ITIN, or FEIN.
Questions people ask
Which certificate number should I enter?
Enter the tax credit certificate number issued by the Colorado Department of Public Health and Environment when the transfer agreement was filed.
What if I need more room to list transfers?
Submit additional pages as needed.
How do I list a disregarded entity?
If the transferor or transferee is a disregarded entity, enter the filing taxpayer’s name followed by the disregarded entity’s name in parentheses. Enter the filing taxpayer’s SSN, ITIN, or FEIN.
Where can I find more information about the credit?
The form directs you to Income Tax Topics: Remediation of Contaminated Land Credit at Tax.Colorado.gov. You can also contact the Department of Revenue at 303-238-7378.