When managing taxes, the convenience of electronic transactions cannot be overstated, particularly for businesses and individuals obliged to navigate the complexities of tax payments. Enter the DR 5785 form, a crucial document for those opting to use Electronic Funds Transfer (EFT) for their dealings with the Colorado Department of Revenue. This form, a product of both convenience and necessity, takes center stage for taxpayers in Colorado looking to streamline their tax payment processes. Specifically designed to facilitate tax payments via EFT, it bears options for setting up a new account, modifying existing details, adding or removing taxes, and even adding additional EFT numbers. Crucial information from taxpayer identification to banking details, authorized signatures, and specific tax types and codes, is meticulously captured in this comprehensive form. Whether opting for ACH debit -- where the Colorado Department of Revenue initiates payments from the taxpayer's account -- or ACH credit -- where the taxpayer's bank sends funds to the Department of Revenue -- the DR 5785 form manifests as the linchpin for initiating these electronic transactions. Its versatility extends further, encompassing an array of tax types from individual income to special district sales, each with a designated code for precision and clarity in processing payments. All in all, the DR 5785 embodies an essential tool in the modern taxpayer's arsenal, providing a structured, secure, and straightforward pathway for fulfilling state tax obligations electronically.
Question | Answer |
---|---|
Form Name | Form Dr 5785 |
Form Length | 2 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 30 sec |
Other names | LPG, CCD, unemployment colorado, ECK |
DR 5785 (08/08/12) Web |
|
Authorization For |
|
EFT Number |
||||
COLORADO DEPARTMENT OF REVENUE |
|
|||||||
|
|
|
||||||
1375 Sherman Street |
Electronic Funds Transfer (EFT) |
|
|
|
||||
Denver CO 80261 |
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ |
|||||||
(303) |
|
For Tax Payments |
|
|
|
|||
|
To be assigned by Department of Revenue |
|||||||
|
|
|||||||
|
|
|
|
|
|
|
|
|
Taxpayer Name |
|
|
Contact Person |
|
|
|
||
|
|
|
|
Set Up New Account |
||||
Mailing Address (Street Number, Apt. Number, Box Number) |
|
FEIN or Social Security Number |
||||||
|
|
|
|
|
|
Modify Account |
||
|
|
|
Telephone Number |
|||||
|
|
|
|
|
|
|||
|
|
|
( |
) |
|
Add Taxes |
||
|
|
|
|
|
|
|
|
|
City, State, ZIP |
|
|
Fax Number |
Remove Taxes |
||||
|
|
|
( |
) |
|
|||
|
|
|
|
Add Additional EFT Number(s) |
||||
|
|
|
|
|
|
|||
Email Address |
|
|
|
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
Tax To Be Paid by EFT Transactions. |
|
|
|
||||
|
Must be completed for either ACH debit or ACH credit. |
|
|
|||||
|
See listing of taxes and tax type codes on reverse side. |
|
|
|||||
|
|
|
|
|
|
|
|
|
|
Tax Type |
|
|
|
Tax Type Code |
|
Your DOR Account |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Complete Section 1 and/or 2
Section
ACH
I hereby authorize the Colorado Department of Revenue (DOR), to initiate debit entries to my banking account. This authority is to remain in full force and effect until DOR and Financial Institution have received written notiication
from me of its termination in such time and in such manner as to afford DOR and FI a reasonable time to act on it. The use of an EFT identiication number and password will be required to convey my instructions for each transaction. The EFT identiication number and password may be used by me or by my agent. You will be able to
provide your banking information 24 hours after your registration for EFT.
Authorized Signature
Title
Date
Section
ACH
I have contacted my inancial institution and conirmed the inancial institution can initiate Automated Clearing House credit transactions that meet Colorado Department of Revenue (DOR) requirements. For veriication, DOR
may contact:
Name of Bank
Bank Contact Person
Telephone Number
I hereby request DOR grant authority for the above named taxpayer to initiate Automated Clearing House credit
transactions to DOR's bank account. I understand these must be in the NACHA CCD+ format using the Tax Payment (TXP) Convention and may only be initiated for the tax types that have been registered for EFT payments with DOR.
Authorized Signature
Title
Date
Please return application to: Colorado Department of Revenue, CDO Research, 1375 Sherman Street, Denver CO 80261
or fax to (303)
Addendum To Authorization Agreement For Electronic Funds Transfer (EFT) For Tax Payments a Separate Tax Return Must be Filed For Most Tax Payments
Tax Type Description |
Code |
|
|
Delinquency/Bill Payment: |
|
|
|
Individual Income Bill* |
210 |
|
|
Severance Bill* |
08405 |
|
|
Severance Withholding Bill* |
01185 |
|
|
Excise: |
|
|
|
Cigarette |
072 |
|
|
Fuel Distributors |
052 |
|
|
IFTA |
059 |
|
|
IRP Registration |
102 |
|
|
Liquor Excise |
065 |
LPG Inspection Surcharge |
0531 |
|
|
Passenger Mile |
0532 |
|
|
PUC Fixed Utility Fees* |
204 |
|
|
Tobacco Products |
073 |
|
|
Winery Direct Shipper |
06510 |
|
|
Fees: |
|
|
|
New Tire Fee (Waste Tire Recycling) |
121 |
|
|
Prepaid Wireless E911 Surcharge |
049 |
|
|
Vehicle Daily Rental Fee |
077 |
|
|
Gaming/ Racing: |
|
|
|
Dog Racing* |
1421 |
|
|
Gaming |
141 |
|
|
Gaming Backup Withholding* |
01114 |
|
|
Horse Racing* |
1422 |
|
|
Racing Cash Fund* |
1423 |
|
|
Racing Source Market Fee |
140 |
|
|
Income: |
|
|
|
Corporation |
01312 |
|
|
Corporation Estimated* |
01212 |
|
|
Corporation Extension* |
01412 |
|
|
Estate/ Trust Estimated Income |
01704 |
|
|
Fiduciary |
017 |
|
|
Individual Income |
01304 |
|
|
Individual Estimated* |
01204 |
Tax Type Description |
Code |
|
|
Individual Extension* |
01404 |
|
|
01320 |
|
|
|
01220 |
|
|
|
01420 |
|
|
|
Wage Withholding* |
011 |
|
|
Wage Withholding Annual Reconciliation |
01102 |
|
|
1099 Withholding* |
01105 |
|
|
1099 Withholding Annual Reconciliation |
01106 |
|
|
Sales: |
|
|
|
Aviation Fuel Consumer Use |
05430 |
|
|
Aviation Fuel Retailer’s Use |
05420 |
|
|
Aviation Fuel Sales |
054 |
|
|
Consumer Use - Business |
045 |
|
|
County Lodging |
074 |
|
|
County Short Term Rental |
04840 |
|
|
Local Marketing District |
04810 |
|
|
Retailer’s Use |
044 |
|
|
Sales |
042 |
|
|
Sales Tax License Renewal* |
242 |
|
|
Special District Sales |
04202 |
|
|
Special Event Sales |
04201 |
|
|
Severance: |
|
|
|
Coal |
08503 |
|
|
Coal Estimated* |
08502 |
|
|
Metallic Minerals |
08603 |
|
|
Metallic Minerals Estimated* |
08602 |
|
|
Molybdenum |
08613 |
|
|
Oil, Gas, & CO2 |
08403 |
|
|
Oil, Gas, & CO2 Estimated* |
08402 |
|
|
Oil Shale |
08103 |
|
|
Oil Shale Estimated* |
08102 |
|
|
Severance Withholding* |
01180 |
|
|
Severance Withholding Annual Reconciliation |
01181 |
*Do not ile a tax return for these tax payments, the EFT transaction is the iling. For all other tax payments,
a tax return is required.