Colorado State Taxes and CO Income Tax
The Colorado tax filing and tax payment deadline is April 18, 2023. If you file a tax extension you can e-File your Taxes until October 16, 2023 without a late filing penalty. However, if you owe Taxes and don't pay on time, you might face late tax payment penalties. Tip: File on time, even you can't pay on time, as the late filing penalties are higher than the late payment penalties. Estimate your penalties with our free PENALTYucator tool. eFile.com makes it easy for you to e-file your IRS and Colorado State Tax Return (e.g resident, nonresident, or part-year resident returns). However, the IRS and the respective State Tax Agencies require you to e-file a Federal Income Tax Return at the same time you e-file a State Tax Return. This is not an eFile.com policy but an IRS and State Agency policy. Thus, technically you cannot e-File anywhere - not just eFile.com - a Colorado Tax Return without also e-filing the associated IRS Tax Return. But there is good news, please read on. Detailed instructions on how you can only prepare and mail in - not eFile - a Colorado 2022 Tax Return - here via eFile.com. However, you must download/print and sign the forms and mail them to the Tax Agency. Colorado State Income Tax Rate: 4.55% Prepare only a CO State Return Where is Your IRS Refund? Colorado Income Tax Extension Colorado Income Tax Amendment Colorado, IRS Late Filing, Tax Payment Penalties 1. Late Filing
Penalty:This penalty is $5 or a percentage of the unpaid tax equal to 5% (whichever is greater) for each month the tax return is filed after Tax Day, plus ½% for each full or partial month the tax remains unpaid. It will not exceed a total of 12%. Colorado Income Tax Brackets Colorado Income Tax Forms Colorado Unemployment Benefits Colorado fully taxes unemployment income at the state level. Colorado Marriage Penalty Start Federal and Colorado Tax Returns 2022 Colorado Income Tax Return Filing Deadlines By Tax YearThe majority of deadlines listed here are for Tax Year 2022. Some apply to upcoming Tax Years and some are IRS or Federal deadlines. Deadline Type Description April 18, 2023 Tax Year 2022 Income Tax Return Original Deadline to prepare and e-File a Colorado Income Tax Return. You have until October 16, 2023 to complete and e-File your Federal Income and Colorado State Income Tax Return. eFileIT* April 18, 2023 (Deadline has passed. However, Colorado does offer an automatic tax extension.) 2022 Income Tax Extension October 16, 2023 Tax Year 2022 Income Tax Return after the automatic April 18, 2023 Colorado Tax Extension Last day to eFile a 2022 Colorado State Income Tax Return for Tax Extension Filers and late eFilers. You can only eFile (to file by paper see below) Colorado Income Tax Return together with an IRS Tax Return.eFileIT* October 16, 2023 via mail-in Forms. Forms incl. Mailing Address are listed below. Tax Year 2022 Income Tax Return after the automatic April 18, 2023 Colorado Tax Extension Deadline for taxpayers who got an automatic CO Tax Extension to file their Colorado Income Tax Return by mail-in Forms - the Forms incl. mailing addresses are listed below - is October 16, 2023. (Optionally: the eFileIT* deadline is Oct. 16, 2023). Instructions on how to only - without the IRS return - prepare and file a Colorado State Income Tax Return on eFile.com. Tax Amendment for All Tax Years IRS Due Dates IRS Tax Return, Extension, Amendment Deadlines 2023, 2024, etc. Other State Tax Return, Extension, Amendment Deadlines 2023, 2024, etc. IRS Federal Income Tax Return, Amendment, Extension Deadlines April 18, 2026 2022 Colorado Income Tax Return Refund. IRS Tax Return Refund Claim Deadline The last day to file - you will not face late filing penalties - and claim your 2022 Colorado Income Tax Return Refund. This deadline does not apply if you owe 2022 Income Taxes. E-File These 2022 Colorado State Tax FormsPrepare and e-File these 2022 Colorado State Forms in conjunction with your Federal and State Income Tax Return. As you proceed through the tax interview on eFile.com, the application will select the correct state forms for you. You can also select tax forms individually. All these forms will then be e-filed by you to the CO State Tax Agency. Instructions on how to only prepare a State Income Tax Return. * Due to IRS and State Tax Agency tax data sharing and validation requirements, you can only e-file a State Income Tax Return while also e-filing a Federal Income Tax Return. This is not an eFile.com created policy, but all online tax web sites have to adhere to this IRS/state issued tax data sharing policy. You can however prepare all 44 State Income Tax Returns on eFile.com if you have already e-Filed or filed your IRS return. Instructions on how you can ONLY prepare and file State Income Tax Return(s). Only on eFile.com can you prepare, file or e-file unlimited State Tax Returns for one low price and not pay for each State return like you would do on H&R Block® vs. TurboTax®. Dare to Compare Now. Automatic Colorado State Income Tax ExtensionFor Tax Year 2022 you can e-File an IRS Tax Extension by April 18, 2023 for free on eFile.com (instructions on whether you should consider a Tax Extension or not). Unlike the IRS, Colorado grants all taxpayers a 6-month extension (which means you do not file an extension form in Colorado) of time to file penalty free beyond the April 18, 2023 deadline. The extended e-File and paper filing deadline is October 16, 2023. Keep in mind however, a Colorado or IRS tax extension does not extend the due date to pay owed taxes or income tax liabilities penalty free. If you owe Colorado and/or IRS income taxes and don't pay them by Tax Day, you will be charged Colorado and IRS late tax payment penalties. Calculate and estimate IRS late payment penalties.If you expect to owe taxes, and you are going to take advantage of the Colorado automatic extension of time to file, you should still pay what you owe online at Colorado Revenue Online. However, if you want to pay by check or money order, you must submit Extension Payment Tax Form DR0158-I before April 18, 2023. To avoid the Colorado penalty for late payment, you must pay at least 90% of what you owe by April 18, 2023.Any remaining balance due will only be subject to interest fees, as long as the rest of the tax owed and the return is by the extension deadline, October 16, 2023. Instructions on how to eFile an IRS tax extension for free on eFile.com by April 18, 2023. The extended IRS/Colorado eFile deadline is Oct. 16, 2023 - eFileIT*. If you plan to file or mail-in a Colorado tax return on paper - the Forms and Mailing Address are below - your due date is Oct. 16, 2023. Colorado State Tax Payment Options You can select one of these payment options either after you have e-filed or filed your 2022 Colorado Tax Return. Alternatively, you can pay Colorado income taxes here prior to filing (e.g in the case of an extension). Plus, you can make online Colorado tax estimate payments for next tax year. If you eFiled your taxes and pay online, you do not have to send in Colorado paper forms (e.g. payer tax return, extension form, or tax estimate form). This is a free option if you register for Electronic Funds Transfer. Submit a tax payment through Colorado's Revenue Online site. When you're on the site, select the "Individual Income Tax" as the Account Type, then follow the on-screen prompts to enter and submit your information (e.g. ID Type, ID, Filing Period, Payment Type). Use this payment option if you want to pay your tax payment via your credit or debit card. There is a service fee of $0.75 plus 2.25% of the payment amount. Complete voucher Form DR0900and attach it to your check or money order payable to "Colorado Department of Revenue". Write your Social Security number or ITIN, and "2022 DR 0104" on the check. Mail them to the Form DR0900 address below. Use this payment option if you wish to submit your payment via check or money order in the mail. Estimated Tax Payment Options Choose one of these options:1) Create an account with Colorado Revenue Online to submit your estimated payment (or if you already have an account, log into your account and choose "Estimated Payment"). In your account, you can pay by EFT,view your account history, and receive messages that the state tax agency accepted your payment.2) Pay via E-Check by sending tax payments from your bank account to Colorado Department of Revenue. However, there is a $1 service fee for paying by E-Check. 3) Pay via credit or debit card through Colorado Revenue Online (choose the "Debit or Credit Card" and choose "Estimated Payment" as your payment type). Be aware there is a service fee of $0.75 plus 2.25% of the payment amount if paying by Debit or Credit Card. 4) Complete voucher Form DR 0104EP. Attach a check or money order for the tax period payable to "Colorado Department of Revenue". Write your Social Security numbers and "2022 DR 0104EP" on the check or money order. Mail the voucher and check/money order to the Form DR 0104EP here. Use one of these payment options if you want to submit estimated taxes rather than submit all your taxes owed at once. Many of these online IRS tax payment options can be used before or after you e-Filed your Income Taxes. You can pay tax extension and tax estimate payments. For estimate payments, you do not have to submit a form. Extension you can eFile on eFile.com for free. These payment options are independent from you preparing and eFiling your tax returns on eFile.com. eFile.com offers these payment options for the convenience of all tax payers. Colorado Tax Return, Amendment, etc. Mailing Addresses Addresses to mail Colorado Tax Returns, Amendments, Extensions, or Tax Payments. CO Tax Return or Amended Tax Return: Address if you expect a Tax Refund on your Tax Return Colorado
Department of Revenue CO Tax Return or Amended Return: Address if you owe Taxes and include payment. Colorado Department of Revenue CO Tax Extension: Address if you owe Taxes and include payment with Form DR-0158-I. Tip: Make Tax Payments online and you will not have to mail in Form DR0158-I. See above. Colorado Department of Revenue CO Tax Payment: include tax payment Form DR0900 Colorado Department of Revenue Colorado Department of Revenue Other U.S. States, Territories, and Protectorates. TurboTax® is a registered trademark of Intuit, Inc. How do I pay Colorado estimated taxes?Credit/debit card or e-check through Revenue Online. You do not need to be logged in to your Revenue Online account to make the payment. Visit the Credit/Debit Card or E-Check web page for more information.
Where do I send my 2022 estimated tax payment?Using black or blue ink, make your check or money order payable to the “Franchise Tax Board.” Write your social security number or individual taxpayer identification number and “2022 Form 540-ES” on it. Mail this form and your check or money order to: FRANCHISE TAX BOARD, PO BOX 942867, SACRAMENTO CA 94267-0008.
What are due dates for estimated taxes 2022?Aside from income tax, taxpayers can pay other taxes through estimated tax payments. This includes self-employment tax and the alternative minimum tax. The remaining deadlines for paying 2022 quarterly estimated tax are: June 15, September 15, and January 17, 2023.
How do I look up my estimated tax payments?Go to IRS.gov/Account. Visit IRS.gov/payments to view all the options. For additional information, refer to Publication 505, Tax Withholding and Estimated Tax.
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Colorado department of revenue estimated tax payment
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