This version of the form is not currently in use and is provided for reference only. Download this version of Form DR1316 for the current year.
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.
Q: What is Form DR1316?
A: Form DR1316 is the Colorado Source Capital Gain Affidavit.
Q: Who needs to file Form DR1316?
A: Colorado residents who have capital gains from the sale of real property or from certain investments need to file Form DR1316.
Q: What is the purpose of Form DR1316?
A: The purpose of Form DR1316 is to report and pay the Colorado state income tax on capital gains.
Q: When is the deadline to file Form DR1316?
A: The deadline to file Form DR1316 is the same as the deadline for filing your Colorado state income tax return, usually April 15th.
Q: Are there any filing fees for Form DR1316?
A: No, there are no filing fees for Form DR1316.
Q: Do I need to attach any other documents with Form DR1316?
A: Yes, you may need to attach copies of federal forms and schedules that report the capital gains.
Q: Is Form DR1316 available for non-residents of Colorado?
A: No, Form DR1316 is specifically for Colorado residents.
Q: Can I file Form DR1316 electronically?
A: Yes, you can file Form DR1316 electronically if you are e-filing your Colorado state income tax return.
Q: What happens if I don't file Form DR1316?
A: If you fail to file Form DR1316 and pay the required taxes, you may be subject to penalties and interest.
Form Details:
Download a fillable version of Form DR1316 by clicking the link below or browse more documents and templates provided by the Colorado Department of Revenue.