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 the Form DR1323?
A: Form DR1323 is the Annual Employer Plan Report for Alternative Transportation Options Credit in Colorado.
Q: What is the Alternative Transportation Options Credit?
A: The Alternative Transportation Options Credit is a tax credit available to employers in Colorado who provide alternative transportation options for their employees.
Q: Who is required to file the Form DR1323?
A: Employers in Colorado who provide alternative transportation options and claim the Alternative Transportation Options Credit are required to file the Form DR1323.
Q: What information is required on the Form DR1323?
A: The Form DR1323 requires employers to provide information about their alternative transportation plan, including the number of employees enrolled, the type of transportation options provided, and the expenses incurred.
Q: When is the deadline to file the Form DR1323?
A: The Form DR1323 must be filed annually by January 31st.
Q: Is there a penalty for late filing of the Form DR1323?
A: Yes, there is a penalty for late filing of the Form DR1323. The penalty is $10 per day, up to a maximum of $500.
Q: Can the Alternative Transportation Options Credit be carried forward?
A: Yes, any unused Alternative Transportation Options Credit can be carried forward for up to five years.
Q: Are there any restrictions on the types of alternative transportation options that qualify for the credit?
A: Yes, not all alternative transportation options qualify for the credit. The options must meet certain criteria specified by the Colorado Department of Revenue.
Q: Can self-employed individuals claim the Alternative Transportation Options Credit?
A: No, the Alternative Transportation Options Credit is only available to employers in Colorado.
Form Details:
Download a fillable version of Form DR1323 by clicking the link below or browse more documents and templates provided by the Colorado Department of Revenue.