Homeless
Contribution
Tax Credit (HCTC)

Step Denver donors are now eligible to receive a Homeless Contribution Income Tax Credit (HCTC) from the State of Colorado.
Tax credits can reduce the amount of tax you owe or increase your tax refund.

Here’s what you need to know:

- This is completely voluntary and not a requirement. You may choose whether or not you want to apply for this credit.
- Only Colorado residents who file their taxes electronically are eligible.
- Each monetary donation of $1,000 or more given to Step Denver is eligible for the HCTC under the following conditions:

Eligible
- Qualified Charitable Deduction from an IRA
- Standard monetary donations of check/credit/cash from personal or business accounts

Ineligible
- A gift from a donor advised fund
- Gifts of stock, vehicles, or items

- You will be notified by email if you have made a donation that is eligible for the HCTC. Included in the email will be a direct link that will take you to a page to submit your contribution.
- Approved HCTC Contributions will receive a 25% tax credit.
- Your tax credit certificate will be EMAILED to you in February 2025.

If you have any questions about your eligible donation(s) please don’t hesitate to contact Jack Brahm, Development & Marketing Coordinator: jbrahm@stepdenver.org

We are pleased to offer this benefit to our donors who make Step's mission possible.