Get Fyi Income 6 Part-year Resident And Nonresident ... - Colorado.gov - Colorado

Navigating the tax process can be complex, especially for part-year residents and nonresidents of Colorado. This guide provides clear and supportive instructions to help you fill out the FYI Income 6 form accurately and efficiently.

Follow the steps to complete the FYI Income 6 form with ease.

1. Press the ‘Get Form’ button to access the FYI Income 6 form and open it in your preferred editor.
2. Begin filling out the general information section, including your name, address, and tax year. This information is crucial for ensuring that your form is processed correctly.
3. Identify your residency status. Determine if you are a part-year resident or a nonresident based on your time spent in Colorado during the tax year.
4. Calculate your total income, including all sources, following the guidelines for Colorado-source income as defined in the form instructions.
5. Complete the 104PN schedule, which requires detailing your income as reported on your federal tax return alongside the Colorado-specific income.
6. Use the Colorado tax table to find your tentative tax amount based on the income you've reported and log this figure in the appropriate section of the form.
7. Apportion the tentative tax amount using the ratio of your Colorado adjusted gross income to your total federal modified gross income.
8. Finalise the form by reviewing all entries for accuracy, ensuring that you have included any credits or deductions applicable to your situation.
9. Save your changes, and choose whether to download, print, or share your completed form for submission.

Complete your tax filing online today with the FYI Income 6 form and ensure your compliance with Colorado tax regulations.