1. Colorado State Taxes
Keith Hamlyn

2. Primary CO Tax Forms for TY2018
Form Core CO State Income Tax
3 pages – Most information is transferred by TaxSlayer from the federal return or from the following addendums
Addendums to CO Form 104
Form 104CR - Refundable & Non-refundable Credits
3 pages – Transfers to 104: Line 11 (non-refundable) & Line 23 (refundable)
Child care expenses & CO-EITC – Auto calculate
Long term care insurance credits – Tax counselor input
DR 104AD - Adjustments (Subtractions)
1 page - Input for Line 5 of CO form 104
Automatically adjusts for pension income, USG interest, and “State Tax Refund” included in federal taxable income
NOTE: Railroad Benefits are tax-free in CO and are eligible for a separate subtraction – Tax counselor input
Also, charitable contributions (if applicable) – Tax Counselor input
2018 Tax-Aide Counselor Training

3. 2018 Tax-Aide Counselor Training
Less Used CO Tax Forms
DR 104US - Consumer Use Tax
Input to Line 14 of CO Form 104
Unpaid sales tax associated with on-line purchases – Tax Counselor input
DR 104CH - Voluntary Contributions
Input for Line 28 of CO form 104
Taxpayer can contribute a portion of their refund to any of the 20 charities listed – Tax counselor input
DR 104PN - Part Year CO Resident
DR 104X – To amend a previously filed CO return
Colorado Tax Income Handbook has list/details of forms
2018 Tax-Aide Counselor Training

4. 2018 Tax-Aide Counselor Training
CO Form 104 – CO Income tax
Note: Lines 1-4 are filed in by TaxSlayer
2018 Tax-Aide Counselor Training

5. Form 104CR – Credits (Page 1) CO TaxSlayer Guide, Pages 18-22
2018 Tax-Aide Counselor Training

6. Form 104CR - Credits (Page 3)
2018 Tax-Aide Counselor Training

7. DR 104AD – Adjustments CO TaxSlayer Guide, Pages 15-17
2018 Tax-Aide Counselor Training

8. DR 104US – Uncollected State Tax CO TaxSlayer Guide, Page 23
2018 Tax-Aide Counselor Training

9. DR 104CH – Voluntary Contributions CO TaxSlayer Guide, Pages 15-17
ETC...
2018 Tax-Aide Counselor Training

10. Resources – CORE (“Wiki”)
CORE Website:
Select CO Income Tax Handbook OR CO TaxSlayer Guide
Both on left hand side of page
ALSO
At the bottom of the page, select Colorado for a list of resources to assist with the Colorado return.
2018 Tax-Aide Counselor Training

11. 2018 Tax-Aide Counselor Training
Other Items
Part Year Resident (Form 104PN)
Only the CO State Tax portion is in-scope
The Tax Counselor may have to calculate portion of Federal Income the client received while resident in CO
See “CO Part Year Resident” worksheet on CORE
Pages 5-7 of TaxSlayer Guide for Colorado
Form 104, Lines 17 & 18 “Prior Year Carry Forward” & “Estimated Payments”
Page 12 of TaxSlayer Guide for Colorado
Form 104, Line 27 “Tax Credit Carry Forward” to 2019
Possible Tax Penalties – Calculation is Out-Of-Scope
Inform the taxpayer that the CO Dept of Revenue may assess a penalty if they owe more than $1,000.
2018 Tax-Aide Counselor Training

12. Resources - TaxSlayer Video
2018 Tax-Aide Counselor Training

13. 2018 Tax-Aide Counselor Training
Questions?
2018 Tax-Aide Counselor Training