Colorado Form 104, officially called DR 0104, is the individual income tax return for Colorado residents. Full-year residents, part-year residents, and nonresidents who earned income from Colorado sources are all required to file this form. The Colorado Department of Revenue uses this document to calculate state income tax liability based on your financial activities within the state.
To complete the form, you will need your federal taxable income from your federal return. Colorado individual income taxes start from your federal adjusted gross income and apply state-specific additions and subtractions. Common additions include business interest expense addbacks and excess business loss addbacks. Subtractions may reduce your Colorado taxable income through deductions specific to state tax law.
The form includes these key sections:
If a taxpayer has passed away, the filer must attach a completed DR 0102 form along with a death certificate to claim a refund on behalf of the deceased. Colorado Form 104 also allows you to donate a portion of your refund to qualifying Colorado charities through voluntary contribution lines on the return.
Accuracy is essential when completing the DR 0104. Errors in reporting income, deductions, or credits can delay your refund or result in penalties. The Colorado Department of Revenue requires that all information be submitted truthfully and completely, under penalty of law.
| Question | Answer |
|---|---|
| Form Name | Colorado Form 104 |
| Form Length | 4 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 1 min |
| Other names | colorado tax forms 2016, colorado state form 104, form 104 colorado full year resident tax return, form 104 colorado |
