Form DR5785 Electronic Funds Transfer (Eft) Account Setup for Tax Payments - Colorado

What Is Form DR5785?

This is a legal form that was released by the Colorado Department of Revenue - a government authority operating within Colorado. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DR5785?
A: Form DR5785 is the Electronic Funds Transfer (EFT) Account Setup for Tax Payments form for the state of Colorado.

Q: What is Electronic Funds Transfer (EFT)?
A: Electronic Funds Transfer (EFT) is a method of transferring funds electronically from one account to another.

Q: What is the purpose of Form DR5785?
A: The purpose of Form DR5785 is to set up an Electronic Funds Transfer (EFT) account for tax payments to the state of Colorado.

Q: Who is required to fill out Form DR5785?
A: Any individual or business who wants to make tax payments to the state of Colorado through Electronic Funds Transfer (EFT) must fill out Form DR5785.

Q: Are there any fees associated with Electronic Funds Transfer (EFT) for tax payments?
A: It is recommended to check with the Colorado Department of Revenue for any applicable fees associated with Electronic Funds Transfer (EFT) for tax payments.

Q: What information is required to fill out Form DR5785?
A: Form DR5785 requires information such as the taxpayer's name, address, tax type, bank account information, and authorization for the EFT.

Q: Can I use Form DR5785 for federal tax payments?
A: No, Form DR5785 is specifically for tax payments to the state of Colorado. For federal tax payments, you would need to use the appropriate IRS form.

Q: Is Form DR5785 only for individuals, or can businesses use it too?
A: Both individuals and businesses can use Form DR5785 to set up an Electronic Funds Transfer (EFT) account for tax payments to the state of Colorado.