Instructions for Form DR0026 Tax Statement for Leased Motor Vehicle - Colorado

Form DR0026 Statement of Sales Taxes Paid on Motor Vehicle Leases - Colorado

This document contains official instructions for Form DR0026 , Tax Statement for Leased Motor Vehicle - a form released and collected by the Colorado Department of Revenue. An up-to-date fillable Form DR0026 is available for download through this link.

FAQ

Q: What is Form DR0026?
A: Form DR0026 is a tax statement for leased motor vehicles in Colorado.

Q: Who needs to file Form DR0026?
A: The lessor of a leased motor vehicle needs to file Form DR0026.

Q: What information is required on Form DR0026?
A: Form DR0026 requires information about the lessor and lessee of the leased motor vehicle, as well as details about the lease agreement.

Q: When is Form DR0026 due?
A: Form DR0026 is due on or before January 31st of the year following the tax year.

Q: Are there any penalties for not filing Form DR0026?
A: Yes, there are penalties for not filing Form DR0026 or for filing it late. It's important to file the form on time to avoid these penalties.

Q: Is Form DR0026 only for leased motor vehicles?
A: Yes, Form DR0026 is specifically for leased motor vehicles in Colorado.

Q: Do I need to include any supporting documents with Form DR0026?
A: No, you do not need to include any supporting documents with Form DR0026. However, it's important to retain them for your records in case of an audit.