Wildfire Mitigation Measures Income Tax Subtraction

How it works

The Colorado Department of Revenue’s wildfire tax benefits page says that for tax years 2024 and prior, a landowner may claim an income tax subtraction for actual out-of-pocket expenses incurred for wildfire mitigation measures performed on real property located within a wildland-urban interface area in Colorado.

What the money covers

The benefit applies to wildfire mitigation measures in the wildland-urban interface.

Amounts and matching

• The subtraction applies for tax years 2024 and prior.
• It is based on actual out-of-pocket expenses.
• The page does not state a dollar cap in the short excerpt retrieved here.

How to apply

The source identifies this as an income tax subtraction reported on the Colorado return, but the detailed filing steps are not included in the snippet.

Timing and deadlines

The Department says this subtraction was available for tax years 2024 and prior and is no longer the current-year incentive on the page.