C.R.S. Section 39-22-601.5
Reporting federal adjustments

  • definitions

(1)

As used in this section, unless the context otherwise requires:

(a)

“Administrative adjustment request” means an administrative adjustment request filed by a partnership under section 6227 of the internal revenue code.

(b)

“Audited partnership” means a partnership subject to a partnership level audit resulting in a federal adjustment.

(c)

“Corporate partner” means a partner that is subject to tax under section 39-22-301.

(d)

“Direct partner” means a partner that holds an interest directly in a partnership.

(e)

“Exempt partner” means a partner that is exempt from taxation under section 39-22-112 (1), except on unrelated business taxable income under section 39-22-112 (2).

(f)

“Federal adjustment” means a change to an item or amount determined under the internal revenue code that is used by a taxpayer to compute the tax due under this article 22 whether that change results from action by the internal revenue service, including a partnership level audit, or the filing of an amended federal return, federal refund claim, or administrative adjustment request by the taxpayer. A federal adjustment is positive to the extent that it increases federal taxable income as determined under this article 22 and is negative to the extent that it decreases federal taxable income as determined under this article 22.

(g)

“Federal adjustments report” includes methods or forms required by the executive director for use by a taxpayer to report final federal adjustments, including an amended Colorado tax return, an information return, or a uniform multistate report.

(h)

“Federal partnership representative” means the person the partnership designates for the taxable year as the partnership’s representative, or the person the internal revenue service has appointed to act as the federal partnership representative pursuant to section 6223 (a) of the internal revenue code.

(i)

“Final determination date” means:

(I)

Except as otherwise provided in this subsection (1)(i), if the federal adjustment arises from an internal revenue service audit or other action by the internal revenue service, the first day on which no federal adjustments arising from the audit or other action remain to be finally determined, whether by internal revenue service decision with respect to which all rights of appeal have been waived or exhausted, by agreement, or, if appealed or contested, by a final decision with respect to which all rights of appeal have been waived or exhausted. For agreements required to be signed by the internal revenue service and the taxpayer, the final determination date is the date on which the last party signed the agreement.

(II)

For federal adjustments arising from an internal revenue service audit or other action by the internal revenue service, if the taxpayer filed a combined report, a consolidated return, or a combined and consolidated return, the first day on which no related federal adjustments arising from that audit remain to be finally determined, as described in subsection (1)(i)(I) of this section, for the entire group.

(III)

If the federal adjustment results from filing an amended federal return, a federal refund claim, or an administrative adjustment request, or if it is a federal adjustment reported on an amended federal return or other similar report filed pursuant to section 6225 (c) of the internal revenue code, the day on which the amended return, refund claim, administrative adjustment request, or other similar report was filed.

(j)

“Final federal adjustment” means a federal adjustment after the final determination date for that federal adjustment has passed.

(k)

“Indirect partner” means a partner in a partnership or pass-through entity that itself holds an interest directly, or through another indirect partner, in a partnership or pass-through entity.

(l)

“Nonresident partner” means a nonresident individual, a nonresident estate, or a nonresident trust.

(m)

“Partner” means a person that holds an interest directly or indirectly in a partnership or other pass-through entity.

(n)

“Partnership level audit” means an examination by the internal revenue service at the partnership level pursuant to subchapter C of chapter 63 of subtitle F of the internal revenue code that results in federal adjustments.

(o)

“Pass-through entity” means an entity, other than a partnership, that is not subject to tax under section 39-22-301.

(p)

“Resident partner” means a partner who is a resident individual, a resident estate, or a resident trust.

(q)

“Reviewed year” means the taxable year of a partnership that is subject to a partnership level audit from which federal adjustments arise.

(r)

“Taxpayer” means:

(I)

A person subject to tax under this article 22;

(II)

A partnership subject to a partnership level audit and a tiered partner of that partnership; or

(III)

A partnership that has made an administrative adjustment request and a tiered partner of that partnership.

(s)

“Tiered partner” means any partner that is a partnership or pass-through entity.

(2)

Except in the case of final federal adjustments that are required to be reported by a partnership and its partners using the procedures in subsection (3) of this section, and final federal adjustments required to be reported for federal purposes by taking those adjustments into account in the partnership return for the year of adjustment, a taxpayer shall report and pay any tax due under this article 22 with respect to final federal adjustments arising from an audit or other action by the internal revenue service or reported by the taxpayer on a timely filed amended federal income tax return, including a return or other similar report filed pursuant to section 6225 (c)(2) of the internal revenue code, or federal claim for refund by filing a federal adjustments report with the executive director for the reviewed year and, if applicable, paying the additional tax owed under this article 22 by the taxpayer no later than one hundred eighty days after the final determination date.

(3)

Intentionally left blank —Ed.

(a)

Except for adjustments required to be reported for federal purposes by taking those adjustments into account in the partnership return for the year of adjustment and the distributive share of adjustments that have been reported as required under subsection (2) of this section, partnerships and partners shall report final federal adjustments arising from a partnership level audit or an administrative adjustment request and make payments as required under this subsection (3).

(b)

Intentionally left blank —Ed.

(I)

With respect to an action required or permitted to be taken by a partnership under this subsection (3) and a proceeding under section 39-21-103 or 39-21-105 with respect to that action, the state partnership representative for the reviewed year has the sole authority to act on behalf of the partnership, and the partnership’s direct partners and indirect partners are bound by those actions.

(II)

The state partnership representative for the reviewed year is the partnership’s federal partnership representative unless the partnership designates in writing another person as its state partnership representative.

(III)

The executive director may establish reasonable qualifications and procedures for designating a person other than the federal partnership representative to be the state partnership representative.

(c)

Final federal adjustments subject to the requirements of this subsection (3), except for those subject to a properly made election under subsection (3)(d) of this section, must be reported as provided in this subsection (3)(c).

(I)

No later than ninety days after the final determination date, the partnership shall:

(A)

File a completed federal adjustments report with the executive director including any information the executive director may prescribe;

(B)

Notify each of its direct partners of their distributive share of the final federal adjustments including any information the executive director may prescribe;

(C)

File an amended composite return for direct partners as required under section 39-22-601 (5)(d) or (5.5)(d), as applicable, or an amended return under subpart 3 of part 3 of this article 22, and pay the additional amount that would have been due had the final federal adjustments been reported properly as required; and

(D)

For any direct partner for which payment was made under section 39-22-601 (5)(h), pay the additional amount that would have been due had the final federal adjustments been reported properly as required.

(II)

Except as provided under subsection (4) of this section, no later than one hundred eighty days after the final determination date, each direct partner that is not included in an amended composite return under subsection (3)(c)(I)(C) of this section and that is subject to tax under section 39-22-104 shall:

(A)

File a federal adjustments report reporting their distributive share of the adjustments reported to them under subsection (3)(c)(I)(B) of this section; and

(B)

Pay any additional amount of tax due as if final federal adjustments had been properly reported, plus any penalty and interest due under section 39-22-621 and less any credit for related amounts paid or withheld and remitted on behalf of the direct partner under subsection (3)(c)(I)(D) of this section.

(d)

Intentionally left blank —Ed.

(I)

No later than ninety days after the final determination date, an audited partnership making an election under this subsection (3)(d) shall file a completed federal adjustments report, including such information as the executive director may prescribe, and notify the executive director that it is making the election under this subsection (3)(d).

(II)

No later than one hundred eighty days after the final determination date, an audited partnership making an election under this subsection (3)(d) shall pay the amount determined under subsection (3)(e) of this section in lieu of taxes owed by its direct and indirect partners.

(III)

Final federal adjustments subject to the election provided in this subsection (3)(d) exclude:

(A)

The distributive share of final audit adjustments that under part 3 of this article 22 must be included in the unitary business income of any direct or indirect corporate partner if the audited partnership can reasonably determine this; and

(B)

Any final federal adjustments resulting from an administrative adjustment request.

(IV)

An audited partnership not otherwise subject to any reporting or payment obligation to the state that makes an election under this subsection (3)(d) consents to be subject to Colorado laws related to reporting, assessment, payment, and collection of Colorado tax calculated under the election.

(e)

Subject to the limitations in subsection (3)(d)(III) of this section, the amount due under subsection (3)(d)(II) of this section is calculated as follows:

(I)

Exclude from final federal adjustments the distributive share of these adjustments reported to a direct exempt partner not subject to tax under section 39-22-112 (1);

(II)

For the total distributive shares of the remaining final federal adjustments reported to direct corporate partners subject to tax under section 39-22-301, and to direct exempt partners subject to tax under section 39-22-112 (2), apportion and allocate such adjustments as provided under section 39-22-303.6 and multiply the resulting amount by the highest tax rate in effect under section 39-22-301;

(III)

For the total distributive shares of the remaining final federal adjustments reported to nonresident partners that are direct partners subject to tax under section 39-22-104, determine the amount of such adjustments derived from sources within Colorado under section 39-22-203 and multiply the resulting amount by the highest tax rate in effect under section 39-22-104.

(IV)

For the total distributive shares of the remaining final federal adjustments reported to tiered partners:

(A)

Determine the amount of such adjustments which is of a type that it would be subject to sourcing by a nonresident partner under section 39-22-109 and then determine the portion of this amount that would be sourced to the state applying the rules of that section;

(B)

Determine the amount of such adjustments which is of a type that it would not be subject to sourcing by a nonresident partner under section 39-22-109;

(C)

Determine the portion of the amount determined in subsection (3)(e)(IV)(B) of this section that can be established, under rules promulgated by the executive director, to be properly allocable to nonresident partners that are indirect partners or other partners not subject to tax on the adjustments or that can be excluded under procedures for a modified reporting and payment method allowed under subsection (3)(g) of this section;

(V)

Multiply the total of the amounts determined in subsection (3)(e)(IV)(A) and (3)(e)(IV)(B) of this section and then reduced by the amount determined in subsection (3)(e)(IV)(C) of this section by the highest tax rate in effect under section 39-22-104;

(VI)

For the total distributive shares of the remaining final federal adjustments reported to resident partners that are direct partners subject to tax under section 39-22-104, multiply that amount by the highest tax rate in effect under section 39-22-104; and

(VII)

Add the amounts determined in subsections (3)(e)(II), (3)(e)(III), (3)(e)(V), and (3)(e)(VI) of this section along with penalty and interest as provided in section 39-22-621.

(f)

The direct and indirect partners of an audited partnership that are tiered partners and all of the partners of those tiered partners that are subject to tax under this article 22 are subject to the reporting and payment requirements of subsection (3)(b) of this section, and the tiered partners are entitled to make the elections provided in subsection (3)(d) and (3)(g) of this section. The tiered partners or their partners shall make required reports and payments no later than ninety days after the time for filing and furnishing statements to tiered partners and their partners as established under section 6226 of the internal revenue code and the regulations thereunder. The executive director may promulgate rules to establish procedures and interim time periods for the reports and payments required by tiered partners and their partners and for making the elections under this subsection (3).

(g)

Under procedures adopted by and subject to the approval of the executive director, an audited partnership or tiered partner may enter into an agreement with the executive director to utilize an alternative reporting and payment method, including applicable time requirements or any other provision of this subsection (3), if the audited partnership or tiered partner demonstrates that the requested method will reasonably provide for the reporting and payment of taxes, penalties, and interest due under the provisions of this subsection (3) or if the audited partnership or tiered partner can show that their direct partners have agreed to allow a refund of the state tax to the entity. Application for approval of an alternative reporting and payment method must be made by the audited partnership or tiered partner within the time for election as provided in subsection (3)(d) or (3)(f) of this section, as appropriate.

(h)

Intentionally left blank —Ed.

(I)

The election made pursuant to subsection (3)(d) or (3)(g) of this section is irrevocable, unless the executive director, in the executive director’s discretion, determines otherwise.

(II)

If properly reported and paid by the audited partnership or tiered partner, the amount determined in subsection (3)(e) of this section, or similarly under an optional election under subsection (3)(g) of this section, will be treated as paid in lieu of taxes owed by its direct and indirect partners, to the extent applicable, on the same final federal adjustments. The direct partners or indirect partners may not take any deduction or credit for this amount or claim a refund of the amount in the state. Nothing in this subsection (3)(h)(II) precludes a resident partner that is a direct partner from claiming a credit against taxes paid to the state pursuant to section 39-22-108 for any amounts paid by the audited partnership or tiered partner on the resident partner’s behalf to another state or local tax jurisdiction.
(i)
Nothing in this subsection (3) prevents the executive director from assessing direct partners or indirect partners for taxes they owe, using the best information available, if a partnership or tiered partner fails to timely make any report or payment required by this subsection (3) for any reason.

(4)

The executive director may promulgate rules to establish a de minimis amount upon which a taxpayer shall not be required to comply with subsections (2) and (3) of this section.

(5)

The executive director shall assess additional tax, interest, and penalties arising from final federal adjustments arising from an audit by the internal revenue service, including a partnership level audit, or reported by the taxpayer on an amended federal income tax return or as part of an administrative adjustment request on or before the following dates:

(a)

If a taxpayer files with the executive director a federal adjustments report or an amended return as required within the period specified in subsection (2) or (3) of this section, the executive director may assess any amounts, including in-lieu-of amounts, taxes, interest, and penalties arising from those federal adjustments, if the executive director issues a notice of deficiency to the taxpayer on or before the later of:

(I)

The expiration of the limitations period specified in section 39-21-107 (2); or

(II)

The expiration of the one-year period following the date of filing with the executive director of the federal adjustments report.

(b)

If the taxpayer fails to file the federal adjustments report within the period specified in subsection (2) or (3) of this section, as appropriate, or the federal adjustments report filed by the taxpayer omits final federal adjustments or understates the correct amount of tax owed, the executive director may assess any taxes, interest, and penalties arising from the final federal adjustments if the executive director issues a notice of deficiency to the taxpayer on or before the later of:

(I)

The expiration of the limitations period specified in section 39-21-107 (2);

(II)

The expiration of the one-year period following the date the federal adjustments report was filed with the executive director; or

(III)

In the absence of fraud, the expiration of the six-year period following the final determination date.

(6)

A taxpayer may make estimated payments to the executive director, following the process prescribed by the executive director, of the Colorado tax expected to result from a pending internal revenue service audit prior to the due date of the federal adjustments report without having to file the report with the executive director. The estimated tax payments shall be credited against any tax liability ultimately found to be due to Colorado and will limit the accrual of further statutory interest on that amount. If the estimated tax payments exceed the final tax liability and statutory interest ultimately determined to be due, the taxpayer is entitled to a refund or credit for the excess if the taxpayer files a federal adjustments report or claim for refund or credit of tax no later than one year following the final determination date.

(7)

Intentionally left blank —Ed.

(a)

Except for final federal adjustments required to be reported for federal purposes by taking those adjustments into account in the partnership return for the year of adjustment, a taxpayer may file a claim for refund or credit of tax arising from federal adjustments made by the internal revenue service on or before the later of:

(I)

The expiration of the last day for filing a claim for refund or credit of tax pursuant to section 39-21-108 (1), including any extensions; or

(II)

One year from the date a federal adjustments report prescribed in subsection (2) or (3) of this section, as applicable, was due to the executive director, including any extensions pursuant to subsection (8) of this section.

(b)

The federal adjustments report is the means for the taxpayer to report additional tax due, report a claim for refund or credit of tax, and make other adjustments including to its net operating losses resulting from adjustments to the taxpayer’s federal taxable income. Any refund granted to the entity under subsection (3) of this section is in lieu of state tax that may be owed to the partners.

(8)

Intentionally left blank —Ed.

(a)

Unless otherwise agreed to in writing by the taxpayer and the executive director, any adjustments by the executive director or by the taxpayer made after the expiration of the period described in section 39-21-107 (2) or 39-21-108 (1), as applicable, is limited to changes to the taxpayer’s tax liability arising from federal adjustments.

(b)

The periods provided for in this section may be extended:

(I)

Automatically, upon written notice to the executive director, by sixty days for an audited partnership or tiered partner which has ten thousand or more direct partners; or

(II)

By written agreement between the taxpayer and the executive director.

(c)

Any extension granted under this subsection (8) for filing the federal adjustments report extends the last day prescribed by law for assessing any additional tax arising from the adjustments to federal taxable income and the period for filing a claim for refund or credit of taxes.

(9)

This section applies to any adjustments to a taxpayer’s federal taxable income with a final determination date occurring on and after January 1, 2024.

Source: Section 39-22-601.5 — Reporting federal adjustments - definitions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-39.­pdf (accessed Oct. 20, 2023).

39‑22‑101
Short title 39‑22‑102
Legislative declaration 39‑22‑103
Definitions - construction of terms 39‑22‑104
Income tax imposed on individuals, estates, and trusts - single rate - report - legislative declaration - definitions - repeal 39‑22‑104.5
Pretax payments - catastrophic health insurance 39‑22‑104.6
Pretax payments - medical savings accounts 39‑22‑105
Alternative minimum tax 39‑22‑106
Colorado personal exemptions of a resident individual 39‑22‑107
Income tax filing status 39‑22‑107.5
Income tax filing status - innocent spouse relief 39‑22‑108
Credit for tax paid other states 39‑22‑108.5
Dual resident trusts - income tax calculation 39‑22‑109
Income of a nonresident individual for purposes of Colorado income tax 39‑22‑110
Apportionment of tax in the case of a part-year resident 39‑22‑110.5
Reacquisition of residency during active duty military service 39‑22‑111
Accounting periods and methods 39‑22‑112
Persons and organizations exempt from tax under this article 39‑22‑114.5
Tax credit for investment in technologies for recycling plastics - repeal 39‑22‑116
Tax tables for individuals 39‑22‑119
Expenses related to child care - credits against state tax 39‑22‑119.5
Child care expenses tax credit - legislative declaration - definitions 39‑22‑120
Legislative declaration - state sales tax refund - offset against state income tax 39‑22‑121
Credit for child care facilities - legislative declaration - definitions - repeal 39‑22‑122
Long-term care insurance credit 39‑22‑123
Earned income tax credit - refund of state excess revenues for fiscal years commencing on or after July 1, 1998 39‑22‑123.5
Earned income tax credit - not a refund of excess state revenues - trigger - legislative declaration - repeal 39‑22‑129
Child tax credit - legislative declaration - definitions - repeal 39‑22‑201
Partners, not partnership, subject to tax 39‑22‑202
Resident partners - definition 39‑22‑203
Nonresident partners 39‑22‑204
Accounting periods and methods 39‑22‑206
Foreign source income of export taxpayers 39‑22‑300.1
Short title - citation 39‑22‑301
Corporate tax imposed - repeal 39‑22‑302
S corporations 39‑22‑303
Dividends in a combined report - foreign source income - affiliated groups - definitions 39‑22‑303.1
Interstate banking or branching - nondiscriminatory tax treatment 39‑22‑303.5
Single-factor apportionment of business income - allocation of nonbusiness income - rules - definitions 39‑22‑303.6
Market-based apportionment of the income of a taxpayer engaged in business - allocation of nonapportionable income - rules - definitions 39‑22‑303.7
Sourcing of sales of mutual fund service corporations - definitions 39‑22‑303.9
Apportionment of the income of a taxpayer with enterprise data center operations in the state - definitions 39‑22‑304
Net income of corporation - legislative declaration - definitions - repeal 39‑22‑305
Consolidated returns 39‑22‑306
Accounting periods and methods 39‑22‑308
Credit allowed for purchase of Colorado coal 39‑22‑310
Legislative declaration - statutory interpretation and construction 39‑22‑320
Short title - citation 39‑22‑321
Definitions 39‑22‑322
Taxation of an S corporation and its shareholders 39‑22‑323
Modification and characterization of income 39‑22‑324
Basis and adjustments 39‑22‑325
Carryforwards and carrybacks - loss limitation 39‑22‑326
Part-year residence 39‑22‑327
Distributions 39‑22‑328
Returns - repeal 39‑22‑329
Tax credits 39‑22‑330
Uniformity of application and construction 39‑22‑340
Short title - citation 39‑22‑341
Legislative declaration 39‑22‑342
Definitions 39‑22‑343
Election 39‑22‑344
Imposition of tax 39‑22‑345
Owner exclusion 39‑22‑346
Credit for tax paid in other states 39‑22‑347
Credit for electing pass-through entity owner - tax preference performance statement - legislative declaration 39‑22‑401
Income of a resident estate or trust for purposes of Colorado income tax 39‑22‑402
Share of a resident estate, trust, or beneficiary in Colorado fiduciary adjustments 39‑22‑403
Income of a nonresident estate or trust subject to income tax 39‑22‑404
Share of a nonresident estate, trust, or beneficiary in income from sources within Colorado 39‑22‑407
Accounting periods and methods 39‑22‑501
Taxation of regulated investment companies 39‑22‑503
Taxation of real estate investment trusts - definitions 39‑22‑504
Net operating losses 39‑22‑504.5
Short title 39‑22‑504.6
Definitions 39‑22‑504.7
Medical savings accounts - establishment - contributions - distributions - restrictions - taxation - portability 39‑22‑507.5
Credits against tax - investment in certain property - repeal 39‑22‑507.6
Credits against corporate tax - investment in certain property - repeal 39‑22‑509
Credit against tax - employer expenditures for alternative transportation options for employees - legislative declaration - definitions - repeal 39‑22‑514
Tax credit for qualified costs incurred in preservation of historic properties 39‑22‑514.5
Tax credit for qualified costs incurred in preservation of historic structures - short title - definitions 39‑22‑516.7
Tax credit for innovative motor vehicles - tax preference performance statement - definitions - repeal 39‑22‑516.8
Tax credit for innovative trucks - tax preference performance statement - definitions - repeal 39‑22‑517
Tax credit for child care center investments 39‑22‑518
Tax modification for net capital gains - definitions - repeal 39‑22‑520
Credit against tax - investment in school-to-career program - definitions 39‑22‑521
Credits against tax - employer expenses - public assistance recipients 39‑22‑522
Credit against tax - conservation easements - definition 39‑22‑522.5
Conservation easement tax credits - dispute resolution - legislative declaration 39‑22‑526
Credit for environmental remediation of contaminated land - legislative declaration - definition - repeal 39‑22‑529
Business expense deduction - labor services - unauthorized alien - definitions 39‑22‑531
Colorado job growth incentive tax credit - rules - definitions - repeal 39‑22‑532
Advanced industry investment tax credit - definitions 39‑22‑533
Instream flow incentive tax credit for water rights holders - rules - definitions - repeal 39‑22‑535
Credit for purchase of uniquely valuable motor vehicle registration numbers 39‑22‑536
Credit for food contributed to hunger-relief charitable organizations - definitions - repeal 39‑22‑537.5
Credit for personal property taxes paid - legislative declaration - definitions - repeal 39‑22‑538
Credit for health-care preceptors working in health professional shortage areas - legislative declaration - definitions 39‑22‑539
Credit for employer contributions to employee 529 qualified state tuition programs - legislative declaration - definitions - repeal 39‑22‑540
Credit - organ donor - leave of absence period - legislative declaration - definitions 39‑22‑541
Credit for retrofitting a residence to increase a residence’s visitability - tax preference performance statement - legislative declaration - definitions - repeal 39‑22‑542
Tax credit for conversion costs for employee business ownership - definitions - declaration - repeal 39‑22‑543
Credit for wildfire hazard mitigation expenses - legislative declaration - definitions - repeal 39‑22‑544
Credit against tax - qualifying seniors - creation - legislative declaration - definitions 39‑22‑545
Credit against tax - heat pump systems - heat pump water heaters - tax preference performance statement - legislative declaration - definitions - repeal 39‑22‑546
Credit against tax - residential energy storage systems - tax preference performance statement - legislative declaration - definition - repeal 39‑22‑547
Early childhood educator income tax credit - tax preference performance statement - legislative declaration - definitions - repeal 39‑22‑548
Colorado homeless contribution tax credit - legislative declaration - definitions - repeal 39‑22‑549
Credit against tax - small food business recovery and resilience grant program equipment - community food consortium duties and responsibilities - tax preference performance statement - legislative declaration - definitions - repeal 39‑22‑550
Tax credit for reducing emissions from certain lawn equipment - tax preference performance statement - legislative declaration - definitions - report - repeal 39‑22‑551
Industrial clean energy tax credit - tax preference performance statement - definitions - report - repeal 39‑22‑552
Tax credit for expenditures made in connection with a geothermal energy project - tax preference performance statement - definitions - repeal 39‑22‑553
Geothermal electricity generation production tax credit - tax preference performance statement - definitions - repeal 39‑22‑554
Heat pump technology and thermal energy network tax credit - tax preference performance statement - definitions - repeal 39‑22‑555
Electric bicycle tax credit - tax preference performance statement - definitions - repeal 39‑22‑556
Tax credit for sustainable aviation fuel production facility - tax preference performance statement - definitions - repeal 39‑22‑557
Clean hydrogen tax credit - qualified uses - tax preference performance statement - definitions - legislative declaration - repeal 39‑22‑558
Tax credit for employer’s contribution to employee for eligible expenses in connection with a qualifying home purchase - tax preference performance statement - legislative declaration - definitions 39‑22‑559
Film incentive tax credit - tax preference performance statement - review - legislative declaration - definitions - repeal 39‑22‑601
Returns - repeal 39‑22‑601.5
Reporting federal adjustments - definitions 39‑22‑602
Failure to make return - director may make 39‑22‑603
Returns not made under oath 39‑22‑603.5
Frivolous returns 39‑22‑604
Withholding tax - requirement to withhold - tax lien - exemption from lien - annual statement - notice - definitions 39‑22‑604.3
Innovation reinvestment - withholding - transfers - bioscience - clean technology - short title - legislative declaration - definitions - repeal 39‑22‑604.5
Withholding tax - transfers of Colorado real property - nonresident transferors 39‑22‑605
Failure by individual to pay estimated income tax 39‑22‑606
Failure by corporation to pay estimated income tax 39‑22‑607
Estimated tax deposited with treasurer 39‑22‑608
Form, place, and date of filing return - extension - electronic filing 39‑22‑609
Payment of tax - applicable when 39‑22‑610
Relief for members of the armed forces of the United States - when 39‑22‑611
Property exempt from ad valorem taxes 39‑22‑621
Interest and penalties 39‑22‑622
Refunds 39‑22‑623
Disposition of collections - definition 39‑22‑624
Prior rights and liabilities not affected 39‑22‑625
Application of article - effective date 39‑22‑626
Applicability of amendments to this article to income tax years 39‑22‑627
Temporary adjustment of rate of income tax - refund of excess state revenues - authority of executive director 39‑22‑628
Direct deposit of refund to collegeinvest savings accounts - modification of individual income tax return forms - legislative declaration - definition 39‑22‑629
Advance payments of income tax credits - definitions 39‑22‑651
Short title - citation 39‑22‑652
Definitions 39‑22‑653
Taxpayer disclosure of reportable or listed transactions 39‑22‑654
Additional listed transactions - report 39‑22‑655
Penalty for failure to disclose a reportable or listed transaction 39‑22‑656
Material advisor - disclosure of reportable or listed transactions 39‑22‑657
Material advisor - maintenance of list 39‑22‑658
Material advisor - penalties 39‑22‑659
Waiver, reduction, or compromise of penalty for reasonable cause 39‑22‑701
Legislative declaration 39‑22‑702
Voluntary contribution designation - procedure 39‑22‑703
Contributions credited to Colorado nongame conservation and wildlife restoration cash fund - administration - transfer 39‑22‑704
Repeal of part 39‑22‑801
Voluntary contribution designation - procedure 39‑22‑802
Contributions credited to Colorado domestic abuse program fund - creation - appropriation 39‑22‑803
Repeal of part 39‑22‑1001
Limitations on voluntary contribution programs - queue - notice - reestablishment of certain programs 39‑22‑1301
Voluntary contribution designation - procedure 39‑22‑1302
Contributions credited to homeless prevention activities program fund - creation - appropriation 39‑22‑1801
Legislative declaration 39‑22‑1802
Voluntary contribution designation - procedure - effective date 39‑22‑1803
Contributions credited to the Special Olympics Colorado fund - creation - appropriation 39‑22‑1804
Repeal of part 39‑22‑1901
Legislative declaration 39‑22‑1902
Voluntary contribution designation - procedure 39‑22‑1903
Contributions credited to the fund - appropriation 39‑22‑2001
Legislative declaration - revenues exceeding TABOR limit - sales tax refund 39‑22‑2002
Fiscal years commencing on or after July 1, 1998 - state sales tax refund - authority of executive director - repeal 39‑22‑2003
State sales tax refund - offset against state income tax - qualified individuals 39‑22‑2004
Temporary refund of excess state revenues from all sources - definitions - repeal 39‑22‑2005
Refund of excess state revenues from all sources - definitions - repeal 39‑22‑2101
Definitions 39‑22‑2102
Credit against tax - affordable housing developments - legislative declaration 39‑22‑2103
Recapture 39‑22‑2104
Filing requirements 39‑22‑2105
Parallel credits - insurance premium taxes 39‑22‑2106
Rules 39‑22‑2107
Compliance monitoring 39‑22‑2108
Report to the general assembly 39‑22‑2201
Voluntary contribution designation - procedure 39‑22‑2202
Contributions credited to the fund - administration - transfer 39‑22‑2203
Repeal of part 39‑22‑2401
Legislative declaration 39‑22‑2402
Voluntary contribution designation - procedure 39‑22‑2403
Contributions credited to Colorado healthy rivers fund - creation - appropriation 39‑22‑2404
Repeal of part 39‑22‑2901
Voluntary contribution designation - procedure 39‑22‑2902
Contributions credited to the Alzheimer’s Association fund - creation - appropriation 39‑22‑2903
Repeal of part 39‑22‑3001
Voluntary contribution designation - procedure 39‑22‑3002
Contributions credited to the military family relief fund - appropriation 39‑22‑3003
Repeal of part 39‑22‑3301
Legislative declaration 39‑22‑3302
Voluntary contribution designation - procedure 39‑22‑3303
Contributions credited to the Colorado cancer fund - creation - appropriation 39‑22‑3304
Repeal of part 39‑22‑3601
Legislative declaration 39‑22‑3602
Voluntary contribution designation - procedure 39‑22‑3603
Contributions credited to the Make-A-Wish Foundation of Colorado fund - creation - appropriation 39‑22‑3604
Repeal of part 39‑22‑3801
Legislative declaration 39‑22‑3802
Voluntary contribution designation - procedure 39‑22‑3803
Contributions credited to the unwanted horse fund - creation - appropriation 39‑22‑3804
Repeal of part 39‑22‑4301
Legislative declaration 39‑22‑4302
Voluntary contribution designation - procedure - effective date 39‑22‑4303
Contributions credited to the American Red Cross Colorado disaster response, readiness, and preparedness fund - creation - appropriation 39‑22‑4304
Repeal of part 39‑22‑4401
Legislative declaration 39‑22‑4402
Voluntary contribution designation - procedure - effective date 39‑22‑4403
Contributions credited to the Colorado for Healthy Landscapes fund - creation - appropriation 39‑22‑4404
Repeal of part 39‑22‑4501
Legislative declaration 39‑22‑4502
Voluntary contribution designation - procedure - effective date 39‑22‑4503
Contributions credited to the Habitat for Humanity of Colorado fund - creation - appropriation 39‑22‑4504
Repeal of part 39‑22‑4601
Legislative declaration 39‑22‑4602
Voluntary contribution designation - procedure - effective date 39‑22‑4603
Contributions credited to the Colorado Youth Conservation Corps fund - creation - appropriation 39‑22‑4604
Repeal of part 39‑22‑4701
Short title 39‑22‑4702
Legislative declaration 39‑22‑4703
Definitions 39‑22‑4704
First-time home buyer savings account 39‑22‑4705
Eligible expenses - penalties for other uses 39‑22‑4706
Forms 39‑22‑4707
Financial institutions 39‑22‑4801
Legislative declaration 39‑22‑4802
Voluntary contribution designation - procedure - effective date 39‑22‑4803
Contributions credited to the Urban Peak Housing and Support Services for Youth Experiencing Homelessness fund - creation - appropriation 39‑22‑4804
Repeal of part 39‑22‑4901
Legislative declaration 39‑22‑4902
Voluntary contribution designation - procedure - effective date 39‑22‑4903
Contributions credited to the family caregiver support fund - creation - appropriation 39‑22‑4904
Repeal of part 39‑22‑5001
Legislative declaration 39‑22‑5002
Voluntary contribution designation - procedure - effective date 39‑22‑5003
Contributions credited to the Young Americans Center for Financial Education fund - creation - appropriation 39‑22‑5004
Repeal of part 39‑22‑5101
Legislative declaration 39‑22‑5102
Voluntary contribution designation - procedure - effective date 39‑22‑5103
List of eligible charitable organizations 39‑22‑5104
Contributions credited to the donate to a Colorado nonprofit fund - creation - appropriation - distribution 39‑22‑5105
Initial funding 39‑22‑5201
Definitions 39‑22‑5202
Uninsured designation - required forms - rules 39‑22‑5301
Legislative declaration 39‑22‑5302
Voluntary contribution designation - procedure - effective date 39‑22‑5303
Contributions credited to Feeding Colorado fund - creation - appropriation 39‑22‑5304
Repeal of part
Green check means up to date. Up to date

Current through Fall 2024

§ 39-22-601.5’s source at colorado​.gov