Form DR0104US Consumer Use Tax Reporting Schedule - Colorado

What Is Form DR0104US?

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 the Form DR0104US?
A: The Form DR0104US is the Consumer Use Tax Reporting Schedule for Colorado.

Q: What is Consumer Use Tax?
A: Consumer Use Tax is a tax imposed on the use, storage, or consumption of taxable items in Colorado when sales tax was not paid at the time of purchase.

Q: Who needs to file Form DR0104US?
A: Any individual or business in Colorado that incurred consumer use tax liability during the tax year needs to file Form DR0104US.

Q: How do I know if I have consumer use tax liability?
A: You have consumer use tax liability if you purchased taxable items for use, storage, or consumption in Colorado and did not pay sales tax at the time of purchase.

Q: When is Form DR0104US due?
A: Form DR0104US is due on or before the same date as your Colorado income tax return, which is typically April 15th.

Q: Do I need to attach receipts or documentation with Form DR0104US?
A: No, you do not need to attach receipts or documentation with Form DR0104US. However, you should retain them for your records in case of an audit.

Q: What happens if I don't file Form DR0104US?
A: If you do not file Form DR0104US and you had consumer use tax liability, you may be subject to penalties and interest.

Q: Are there any exemptions to the consumer use tax?
A: Yes, there are certain exemptions to the consumer use tax, such as purchases of motor vehicles or items subject to a specific use tax rate. Check the instructions for Form DR0104US for a list of exemptions.