CO Form 104

Form 104PTC:

The Colorado program includes Form 104PTC, Colorado Property Tax Rebate. 

A separate cover letter will print with this form.

Residency:

Part-year resident. You are a part-year resident if you were a Colorado resident for less than 12 months during the tax year.  As a part-year resident, you are required to file a Colorado income tax return if you are also required to file a federal return.

The following worksheets are available in the Colorado program:

Form 104:

- State Income Tax Deduction Addback (line 2)

- Other Additions (line 3)

- Other Subtractions (line 11)

Form 104CR:

- Credit for Taxes Paid to Other States (line 19)

Estimated Tax:

Colorado estimated tax will be computed based on a protective estimate.  The estimated tax can be adjusted as necessary by making entries directly on the estimate worksheet.

Estimated Tax Penalty:

To calculate an underpayment of estimated tax, Form 204 must be added.  Crosslink doesn't automatically calculate the penalty.