DR 1330: Strategic Capital Tax Credit Carry Forward Schedule (2024)
Colorado · Colorado DOR · Used for tax years 2024
Colorado Form DR 1330 is the 2024 Strategic Capital Tax Credit and Carry Forward Schedule. It reports available credits by expiration year, credits used to offset current-year tax liability, and the amount carried forward to the next tax year.
Who files this form
The 2024 DR 1330 is used to report Colorado Strategic Capital Tax Credit amounts available, amounts used against current-year tax liability, and amounts carried forward.
The form provides transfer instructions for individual, fiduciary, partnership and S corporation, and corporate income tax forms. It does not state specific eligibility requirements or filing thresholds.
What you'll need
Have the following information ready to complete the 2024 schedule:
- Your name or business name and Colorado account number.
- Credit available and credit used, grouped by expiration year from 2024 through 2029.
- Partnership or S corporation name, ownership percentage, and entity Colorado account number, if reporting that information.
- Any supplemental spreadsheets you are submitting to report carry-forward amounts or partnership or S corporation information.
The form does not provide a separate list of required supporting documents.
How to file
Complete the 2024 schedule as follows:
- Enter available credit in Column A and credit used to offset current-year tax liability in Column B, using the row for each expiration year.
- Add lines 1a through 6a and enter the total on line 7a.
- Add lines 1b through 6b and enter the total on line 8b.
- Subtract line 8b from line 7a. Enter the carry-forward amount on line 9a.
- Transfer line 8b to the applicable form:
- DR 0104, Individual Income Tax Return: line 19.
- DR 0105, Fiduciary Tax: line 18.
- DR 0106CR, Partnership and S Corporation Credit Form: line 20A.
- DR 0112, Corporate Income Tax Return: line 23.
Check the supplemental-spreadsheets box if you are submitting spreadsheets for carry-forward amounts or partnership or S corporation information.
The provided form does not state a mailing address or e-filing method.
Questions people ask
Which expiration years appear on the 2024 schedule?
Lines 1 through 6 cover Strategic Capital Tax Credits expiring in 2024, 2025, 2026, 2027, 2028, and 2029.
What is the difference between Columns A and B?
Column A reports credit available. Column B reports credit used to offset current-year tax liability.
How does the form calculate the carry-forward amount?
Line 9a is line 7a, total credit available, minus line 8b, total credit used. The form identifies this as the amount carried forward to the next tax year.
Can I submit supplemental spreadsheets?
The form includes a checkbox for supplemental spreadsheets reporting carry-forward amounts or partnership or S corporation information. Check it if you are submitting those spreadsheets.