DR 1305E: Gross Conservation Easement Credit Transfer Schedule (2024)
Colorado · Colorado DOR · Used for tax years 2024
Colorado Form DR 1305E is the 2024 Gross Conservation Easement Credit Transfer Schedule for a donor’s transfer of credit. It reports each transferee’s identifying information, the transfer date, and the amount of credit transferred, with the total matching Line 15 of Form DR 1305
Who files this form
Donors use the 2024 DR 1305E to report conservation easement credit transferred for the tax year, including transfers through the return’s extension date, unless the transfers have been certified by the Division of Conservation.
When it's due
For tax year 2024, report transfers through the extension date for the return, which the form describes as usually October 15. The form does not state a separate filing deadline for this schedule.
What you'll need
Have the following information ready:
- Tax credit certificate number.
- Taxpayer name, SSN or FEIN, Colorado account number, and tax year beginning.
- For each transferee: name, SSN or FEIN, Colorado account number, transfer date, and amount of credit transferred.
- Line 15 of DR 1305, so you can check that the total on this schedule matches.
How to file
Complete Part E, line 22, with the details of credit transferred from this donation for the tax year. Enter transfer dates in MM/DD/YY format. Submit additional pages as needed.
The form lists this Department of Revenue address:
Colorado Department of Revenue
Denver CO 80261-0005
The supplied text does not give specific mailing or e-filing instructions.
Common mistakes
- Do not include dashes or periods in the tax credit certificate number.
- Make sure the total credit transferred on line 22 equals line 15 of DR 1305.
- A disregarded entity that is not filing a return should be listed only parenthetically with its filing taxpayer.
- Submit additional pages if needed to list the transfers.
Questions people ask
Do I need to report transfers certified by the Division of Conservation?
The form says to report transferred credit unless the transfers have been certified by the Division of Conservation.
What information must I provide for each transferee?
Provide the transferee’s name, SSN or FEIN, Colorado account number, transfer date in MM/DD/YY format, and amount of credit transferred.
What if I run out of space?
Submit additional pages as needed.
Where can I find more information about this credit?
The form points to FYI Income 39 and Income Tax Topics: Conservation Easement Credit at Tax.Colorado.gov.