Colorado allows an income tax credit to certain employers, including nonprofit organizations and certain local governments, that provide alternative transportation options to their employees working in Colorado for going to and returning from their places of employment.
Before an employer may claim a credit, the employer is required to provide the Department of Revenue with its plan for notifying its employees of the availability of the alternative transportation options that it offers and the steps beyond the notification that the employer plans to take to encourage employees to use the alternative transportation options that it offers. Employers must use this form to file the required plan with the Department.
The Department will not respond to filed plans. The Department’s acceptance of this plan cannot be construed as a determination of eligibility for the credit.