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Get Co Dor Dr0021 Booklet 2018
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How to fill out the CO DoR DR0021 Booklet online
This guide provides a thorough and accessible overview of filling out the CO DoR DR0021 Booklet online. Designed for individuals and entities involved in oil and gas production in Colorado, this resource simplifies the process of submitting your severance tax return accurately and efficiently.
Follow the steps to complete your CO DoR DR0021 Booklet online.
- Click ‘Get Form’ button to obtain the CO DoR DR0021 Booklet and open it in a digital editor.
- Begin with the DR 0021 form. Fill in the tax year at the top of the form, indicating both the beginning and ending dates.
- Enter your personal information or the business name, address, and Colorado account number in the designated fields.
- For individuals filing jointly, include your partner's information in the appropriate sections.
- Provide details regarding your oil and gas production activities, including gross income and net income attributable to stripper well production.
- Calculate the severance tax using the DR 0021D, attaching it to the DR 0021 form when submitting.
- Record any estimated tax or extension payments made for the taxable year.
- Complete the refund or balance due section and choose how you would like to receive your refund. Indicate if it should be credited to future payments.
- Ensure all required withholding statements (DR 0021W) are attached to the DR 0021 return.
- Double-check all entered information for accuracy, then save your changes.
- Download or print the completed form for your records.
- Submit the completed form to the Colorado Department of Revenue by the due date.
Complete your severance tax filings online today to ensure compliance with Colorado regulations.
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Yes, if you are subject to severance taxes in Colorado, you will need to file a severance tax return. This requirement applies based on your specific business activities and revenue from natural resource extraction. For detailed instructions on how to file, explore the relevant sections of the CO DoR DR0021 Booklet.
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