DR 1305F: Gross Conservation Easement Credit Pass-Through Schedule (2024)
Colorado · Colorado DOR · Used for tax years 2024
Colorado Form DR 1305F is the 2024 Gross Conservation Easement Credit Pass-Through Schedule. It reports how a pass-through entity distributes the credit to its members, including each member’s percentage and amount of credit.
Who files this form
A pass-through entity must complete DR 1305F to report how the gross conservation easement credit is passed through to its members.
A disregarded entity that is not filing a return should be listed only in parentheses with its filing taxpayer.
What you'll need
Have the information requested on the form ready:
- Tax credit certificate number, entered without dashes or periods.
- Taxpayer name, SSN, Colorado account number, FEIN, and tax year beginning, as applicable.
- Each member’s name, SSN or FEIN, Colorado account number, percentage of credit, and credit amount.
If you are a donor, you will also need the amounts on DR 1305 line 16 and DR 1305G line 30 to check the required totals.
How to file
Complete Part F, line 23, with the details of the credit distributed to each member. Enter each member’s identifying information, percentage of credit, and credit amount. Submit additional pages as needed.
If you are filing a composite return, enter any composite credit on DR 1305G.
The supplied text does not specify a mailing or e-filing procedure.
Common mistakes
- Do not include dashes or periods in the tax credit certificate number.
- If you are a donor, make sure the total of line 23 plus DR 1305G line 30 equals DR 1305 line 16.
- Enter any composite credit on DR 1305G when filing a composite return.
- List a disregarded entity that is not filing a return only in parentheses with its filing taxpayer.
Questions people ask
What is DR 1305F used for?
A pass-through entity uses this schedule to report how the gross conservation easement credit is distributed to its members.
What if there is not enough room to list all members?
Submit additional pages as needed.
Where do I enter credit for a composite return?
Enter any composite credit on DR 1305G.
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.