pacoford
Level 5
‎02-28-2025 12:45 PM

Hello out there...I have a client who qualifies for the Colorado Enterprise Zone Investment Tax Credit. My question is...I am in the process of pre-certifying/certifying with the state but that does require a waiting period of a couple of days. Is it a requirement to receive approval of certification before the tax return is filed? I would think this is a CDOR question; however, I spoke with a Enterprise Zone rep and she does not know the answer. Any input?? Thank you!

0 Cheers
Reply
IRonMaN
Level 15
‎02-28-2025 01:23 PM

I don't do CO returns, so I don't know the answer.  But do the CO form instructions provide any guidance?


Slava Ukraini!
Reply
Terry53029
Level 15
Level 15
‎02-28-2025 03:09 PM

This is what I found on google. "Presently, tax preparers are not required to be licensed nor do they have to earn any CPE credits in most states. Essentially, in these states (including Colorado), anyone can prepare income tax returns and collect preparation fee."

Looks like you get certified for your own satisfaction, but not required, but I don't do CO taxes

0 Cheers
Reply
sjrcpa
Level 15
‎02-28-2025 03:21 PM

@Terry53029 I think you answered a different question.


The more I know the more I don’t know.
Reply
pacoford
Level 5
‎02-28-2025 05:03 PM

The instructions have not answered my question.

0 Cheers
Reply
IRonMaN
Level 15
‎02-28-2025 06:41 PM

When in doubt - wait the couple of days.


Slava Ukraini!
Reply