Colorado Conservation Tax Credits are available to donors of “qualified” conservation easements. Colorado taxpayers who donate such qualified easements may claim a state tax credit, based on the fair market value of the conservation easement. The current tax credit value is equal to 90% of the fair market value of the conservation easement. remaining donation up to a total maximum credit of $1.5 million. Colorado allows these credits to be carried forward for 20 years, during which time they may be used to offset the donor’s state income tax liability, or transferred one time to other Colorado taxpayers.