Form DR0456 Colorado Annual Reconciliation of Oil and Gas Severance Withholding - Colorado

What Is Form DR0456?

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 DR0456?
A: Form DR0456 is the Colorado Annual Reconciliation of Oil and Gas Severance Withholding form.

Q: Who needs to file Form DR0456?
A: Any individual or business that withholds and remits oil and gas severance taxes in Colorado needs to file Form DR0456.

Q: What is the purpose of Form DR0456?
A: The purpose of Form DR0456 is to reconcile the oil and gas severance taxes withheld throughout the year with the total amount due.

Q: When is Form DR0456 due?
A: Form DR0456 is due on or before January 31st of the following year.

Q: How do I fill out Form DR0456?
A: You need to provide the required information, including your name or business name, contact information, amount of oil and gas severance taxes withheld, and other relevant details.

Q: Are there any penalties for not filing Form DR0456?
A: Yes, there are penalties for not filing Form DR0456, including possible interest charges and late fees.

Q: Can I request an extension to file Form DR0456?
A: Yes, you can request an extension to file Form DR0456 by contacting the Colorado Department of Revenue.

Q: Are there any additional requirements for Form DR0456?
A: You may be required to attach additional documentation, such as copies of oil and gas severance tax returns, to Form DR0456.