Form DR0106EP Composite Nonresident Return Estimated Income Tax - Colorado

What Is Form DR0106EP?

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 DR0106EP?
A: Form DR0106EP is a specific tax form used in Colorado for filing composite nonresident returns for estimated income tax.

Q: Who needs to file Form DR0106EP?
A: Form DR0106EP is only required for nonresident individuals or entities in Colorado who have Colorado-source income and elect to have the tax paid on their behalf.

Q: What is a composite nonresident return?
A: A composite nonresident return is a tax return that allows a pass-through entity to pay income tax on behalf of its nonresident individual owners or partners.

Q: What is estimated income tax?
A: Estimated income tax is a system where taxpayers pay a portion of their expected tax liability in advance throughout the year.

Q: What information do I need to complete Form DR0106EP?
A: To complete Form DR0106EP, you will need information about your Colorado-source income, the pass-through entity's name and federal employer identification number, and the names and Social Security numbers of the nonresident owners or partners.

Q: Are there any deadlines for filing Form DR0106EP?
A: Yes, the deadline for filing Form DR0106EP is the same as the deadline for filing the applicable tax return for the pass-through entity, which is typically April 15th.

Q: Can I make changes to Form DR0106EP after filing?
A: Yes, if you need to make changes to a previously filed Form DR0106EP, you can file an amended return using Form DR0106X.

Q: Is there a fee for filing Form DR0106EP?
A: No, there is no fee for filing Form DR0106EP.