Get DR 0104PN, 2023 Part-Year Resident/Nonresident Tax Calculation Schedule

Colorado imposes a tax on the income of every Colorado resident individual. Colorado income tax also applies to the Colorado-source income of any nonresident individual.

If an individual does not meet the criteria for Colorado residency at any time during the tax year, the individual is a nonresident. If an individual is domiciled in Colorado for only part of the year, they are a part-year resident. Income Tax Topics: Part-Year Residents & Nonresidents colorado.gov https://tax.colorado.gov › income-tax-topics-part-year-re... colorado.gov https://tax.colorado.gov › income-tax-topics-part-year-re...

As a nonresident, you pay tax on your taxable income from California sources. Sourced income includes, but is not limited to: Services performed in California.

A part-year resident of Colorado is anyone who moved into the state with the intention of making his/her home there or a Colorado resident who moved out of Colorado with the intention of making his/her home elsewhere any time during the tax year. Form 104PN is used for e-filing Part-Year Residents. Colorado Form 104PN - E-file Your taxes Online - Tax2efile tax2efile.com https://.tax2efile.com › 1040-state-requirements tax2efile.com https://.tax2efile.com › 1040-state-requirements

2% Colorado 2% Withholding (DR 1083) This law affects non-Colorado residents or those parties moving out-of-state and not purchasing another primary residence. The amount, if withheld, shall be the lesser of 2% of the sales price of the property or the net proceeds. Colorado 2% Real Estate Withholding Tax amonteam.com https://.amonteam.com › colorado-2-real-estate-with... amonteam.com https://.amonteam.com › colorado-2-real-estate-with...

An individual may owe Colorado income tax and be required to file a Colorado income tax return even if that individual was not a resident of Colorado for the entire year. In general, any part of a nonresident's income that is derived from Colorado sources is subject to Colorado income tax.

Nonresident Definition However, the person may have temporarily worked in Colorado and/or received income from a source in Colorado. A nonresident is required to file a Colorado income tax return if they: are required to file a federal income tax return, and. had taxable Colorado-sourced income. Part-Year and Nonresident - Colorado Department of Revenue colorado.gov https://tax.colorado.gov › part-year-and-nonresident colorado.gov https://tax.colorado.gov › part-year-and-nonresident

When Does Withholding Apply? The Colorado Department of Revenue requires withholding from sale proceeds anytime the seller is a nonresident and the sales price is greater than $100,000.