$5K
per applicant
Point-of-Sale Rebate
Discount at purchase
Rolling
No fixed cutoff
Instant
Applied at purchase
Simple
Short form or instant
Colorado offers a refundable income tax credit of up to $5,000 for businesses purchasing new electric vehicles. The credit is claimable at point of purchase via the dealer, allowing an immediate price reduction at the dealership.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Vehicle must meet Colorado's ZEV definition
2.Business must file Colorado income taxes
3.Credit taken against Colorado income tax — refundable
4.Dealer must participate in Colorado's tax credit program
5.Stacks with federal IRA EV credit
OEDIT · Colorado
3% state income tax credit for businesses investing in business personal property in Colorado's 16 Enterprise Zones, which cover the state's most economically distressed rural and urban areas. Stacks with other CO Enterprise Zone credits for wage, research, and job training.
CHFA · Colorado
State income tax credits for developers and investors financing affordable rental housing in Colorado, complementing federal LIHTC to close financing gaps for housing serving households at or below 60% AMI.
OEDIT · Colorado
Refundable income tax credits for Colorado companies creating 20+ net new jobs at wages 110% of the county average. Credit equals 50% of FICA taxes paid by the employer on qualifying new employees for up to 7 years, supporting competitive business location decisions.