Due Date Corporate income tax returns are due April 15, 2020 for traditional calendar year filers. Business Return General Information. 1 All C Corporations doing business in Colorado are required to file a corporate income tax return (Form 112) with the Colorado Department of Revenue. �\�@ Corporate income tax returns are due on the fifteenth day of the fourth month after the end of your tax year, or by April 15, 2020, for traditional calendar year filers. Colorado - Corporate A Complete List of Current and Previous Year Corporate Income Tax Forms If you can't file your Colorado tax return by April 15, you may file your Colorado return on or before October 15 without filing a written request for extension. Colorado corporate tax is a business tax related to the gross taxable income of the majority of businesses and corporations registered or doing business within Colorado borders. Individual Tax Return Form 1040 Instructions; Instructions for Form 1040 ... State Nonprofit Corporation Filings. Multiply line 18 by the tax rate of 4.5%. The Colorado tax filing and tax payment deadline is April 15, 2021. In these reports you'll find information on the number of retailers, number of returns, gross sales, retail sales, and state net taxable sales. Colorado taxes the net income of corporations at a flat rate of 4.63%. )V050r�������2J�L�,Abvv �{� endstream endobj 2716 0 obj <>stream You will use figures or data from your federal return on your Colorado income tax return. Under common law, it is recognized as a separate legal entity and provides its shareholders with limited liability.This means shareholders are not liable for any legal decisions made against the company or for any outstanding debts or financial obligations. You can also file the report up two months early. To do that, fill in Colorado Form 104 (lines 1-18 only). P�i �!4���+8 3�cf���cv̎�1;f.���M�̿b���no�` +/� endstream endobj 2717 0 obj <>stream Estimated Tax Every C corporation subject to Colorado income tax must Colorado’s corporate income tax was enacted in 1937. Visit the File Online page for more information. The Colorado Department of Revenue offers a free e-file and account service called Revenue Online to … Note that Form 0158-C should only be used if you are not paying online. State tax returns are due on the 15th day of the fourth month after the close of the tax year. Colorado Sports Betting Wagers Continue to Climb with Football’s Return. 1 Most individuals and non-corporate businesses are subject to the tax. Then, fill Colorado Form 104CR (lines 20, 21 and 24 only). Do not send cash. You may file by mail with paper forms or efile online. 1 Most individuals and non-corporate businesses are subject to the tax. Similar to the personal income tax, businesses must file a yearly tax return and are allowed deductions such as wages paid, cost of … Federal Tax Return - S corporations operating in Colorado must file a federal tax return. An S corp Colorado entity is a standard corporation operating in the state of Colorado that has elected a special tax status with the IRS. Free e-file for fast, accurate return filing & confirmation E-file for free and get notification via email and/or text as soon as your return has been processed by the state. Office Locations. Use Revenue Online or the DR 0112X to amend the Colorado return. Colorado S Corporation Taxation . If the filing due date falls on a weekend or holiday, sales tax is generally due the next business day. Using deductions is an excellent way to reduce your Colorado income tax and maximize your refund, so be sure to research deductions that you mey be able to claim on your Federal and Colorado tax returns. 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