Get Co Dr 0104amt 2022-2025

This guide provides a comprehensive overview of filling out the CO DR 0104AMT form online. It offers step-by-step instructions to assist users, regardless of their legal experience, in accurately completing the form required for calculating the Colorado alternative minimum tax.

Follow the steps to complete the CO DR 0104AMT form online successfully.

1. Click ‘Get Form’ button to obtain the document and open it for editing.
2. Begin by entering your last name, first name, middle initial, and social security number or individual taxpayer identification number at the top of the form.
3. Proceed to line 1, where you will input the amount obtained from line 6 of Federal Form 6251. If line 5 on that form is greater than line 4, subtract line 5 from line 4 and enter the resulting negative amount here.
4. For line 2, calculate the sum of lines 3 through 6 from Form DR 0104 and enter the total.
5. Add the amounts from lines 1 and 2, and enter the total on line 3.
6. Next, list any subtractions from the DR 0104AD, excluding the State Income Tax Refund (line 1, DR 0104AD), on line 4.
7. Subtract line 4 from line 3 to derive the amount for line 5.
8. Multiply the amount on line 5 by 3.47% to determine the value for line 6. If you are a nonresident or part-year resident taxpayer, ensure to apportion this amount accordingly.
9. Enter the Colorado normal tax from line 10 of Form DR 0104 on line 7.
10. Finally, on line 8, calculate the Colorado alternative minimum tax by entering the amount that exceeds the value on line 7. Review all entries for accuracy.
11. Once you have completed the form, save any changes made, and proceed to download, print, or share the form as needed.

Complete your tax documents online to ensure efficiency and accuracy in your submission.