Prepare Free Your Colorado State Tax Filing 2015 – 2016
Free tax filing online is very suitable to file your Colorado income tax return using free tax preparation software. Just complete the forms given by the system entering your detail without errors. As you go through the step-by-step guideline, you will complete your Colorado income tax return preparing without trouble free and your tax return filed within few minutes. Your task will become very easy. You can file online Federal tax and state tax at your convenience.
Basically 3 options to get your Colorado state tax refund online.
Tax payers can either allow the government directly deposit your income tax refund into bank account, have a check mailed to you, or apply your tax refund to next year’s income tax.
- Colorado state tax filing electronically or online is a best option when you expect a refund check. IRS can process your tax return and matter tax refunds much faster than if you mailed a paper return.
- Filing and preparing your Colorado state tax directly from your own computer will cost you much less than going to an income tax professional.
Get Colorado State Tax Filing Form
We are providing to you all the necessary forms of Colorado tax return for online state filing. All the required forms are available from our site. We are also providing detailed instructions on the filing of the Colorado tax returns and also provide instructions, except for the simple forms, that may be easy to complete.
Compared to physical tax preparation, online 2015 Colorado state Taxes and e-filing is simple, quick and more suitable. If you people are aiming at finishing your state tax returns in timely manner, you should do it online. Our tax process can make your mission easier providing you tax software. Using tax filing software, you can step by step go through the entire tax preparation process and complete your Colorado state tax return quickly from here.
Colorado State City Tax Return
Capital : Denver
|Large City||City Population|
Colorado 1099 Rules | E-File CO 1099’s
File the following forms with the state of Colorado: 1099-MISC and 1099-R.
- Filing due dates: File the state copy of form 1099 with the Colorado taxation agency by March 31, 2016.
- Reporting threshold: If you file 250 or more 1099 forms with Colorado you must file electronically.
The Colorado (CO) state sales tax rate 2016
The Colorado (CO) state sales tax rate is currently 2.9%. Depending on local municipalities, the total tax rate can be as high as 10.4%.
Colorado is a “home rule” state. Local-level tax rates in the state of Colorado are quite complex compared against local-level tax rates in other states. Colorado sales tax can be levied at the city/county/school/transportation and SPD (special purpose district) levels.
For sales tax registration, Colorado switched systems in October 2010. According to the Colorado Department of Revenue, all businesses must be using a number known as the new Colorado Account Number, which is eight digits. Numbers obtained prior to October 2010 are seven digits. In order to increase the accuracy of tax records, all businesses with seven digit numbers should add a “0” at the beginning of those original numbers. For example, if your account number was L12-34567-0000, your new number is 01234567.
Companies doing business in Colorado need to register with the Colorado Department of Revenue. In addition, a number of municipalities require registration for the purposes of collecting sales tax.
Colorado 2015 Tax Updates
The Colorado Department of Revenue made a few changes to their 2014 tax laws. The Child Care Expenses Tax Credit is being recalculated to allow more low-income taxpayers to benefit from the credit. A new subtraction was added to allow taxpayers to deduct expenditures related to Colorado-licensed marijuana businesses. The amount of some enterprise zone credits was also increased.
The voluntary contribution funds you can donate part of your refund to have changed around a little. The Goodwill Industries Fund and Families in Action for Mental Health Fund have been replaced with the Round Up River Ranch Fund and 9Health Fair Fund.
We continue to support the e-filing of all Enterprise Zone Credits on Form DR1366. We can also help you e-file any refundable credits as well as most nonrefundable credits.
Supported Colorado Tax Forms 2016
FreeTaxFilingUSA supports the following Colorado forms:
- Form 104
- Form 104X (amended)
- Form 104PN
- Form 104AMT
- Form 104CR
- DR 0347
- DR 1366
- DR 104EP
- DR 1778
- DR 8453
- DR 900
- DR 102