Supported Forms

The following Colorado forms are supported in Drake Tax 2023. Forms denoted with can be e-signed.

Form	Description	IND	CRP	SCRP	PTR	FID
DR 0021	Severance Tax – Oil and Gas	P	P	P	P	P
DR 0021AS	Severance Tax Affiliations Schedule	P	P	P	P	P
DR 0021D	Oil and Gas Severance Tax Schedule	P	P	P	P	P
DR 0021P	Estimated Oil and Gas Severance Tax	P	P	P	P	P
DR 0021PD	Detail Information for Producers	P	P	P	P	P
DR 0021S	Extension of Time for Filing Colorado Oil and Gas Severance Tax Return	P	P	P	P	P
DR 0021X	Amended Colorado Oil and Gas Severance Tax Return	P	P	P	P	P
DR 0102	Claim for Refund on Behalf of Deceased Taxpayer	P
DR 0104	Colorado Individual Income Tax Return	P
DR 0104AD	Subtractions from Income Schedule	P
DR 0104AMT	Alternative Minimum Tax Computation Schedule	P
DR 0104BEP	Nonresident Beneficiary Estimated Income Tax Payment
DR 0104CH	Voluntary Contributions Schedule	P
DR 0104CN	Colorado Child Tax Credit	P
DR 0104CR	Individual Credit Schedule	P
DR 0104EE	Easy Enrollment Information Form	P
DR 0104EP	Estimated Income Tax Payment Form	P
DR 0104PN	Part-Year/Nonresident Tax Calculation Schedule	P
DR 0104PTC	Property Tax/Rent/Heat Rebate Application	P
DR 0104TN	Earned Income Tax Credit for ITIN Filers	P
DR 0104US	Consumer Use Tax Reporting Schedule	P
DR 0104X	Amended Colorado Individual Income Tax Return	P
DR 0105	Colorado Fiduciary Income Tax Return					P
DR 0105EP	Estate/Trust Estimated Tax Payment Form					P
DR 0106	Colorado Partnership and S Corporation and Composite Nonresident Income Tax Return			P	P
DR 0106CR	Pass-Through Entity Credit Schedule			P	P
DR 0106EP	Composite Nonresident Estimated Tax Payment Form			P	P
DR 0106K	Colorado K-1		P	P	P
DR 0107	Nonresident Partner or Shareholder Agreement			P	P
DR 0108	Statement of Colorado Tax Remittance for Nonresident Partner or Shareholder			P	P
DR 0112	Colorado C Corporation Income Tax Return		P
DR 0112CR	Credit Schedule for Corporations		P
DR 0112EP	Corporate Estimated Tax Payment Form		P
DR 0112X	Amended Colorado C Corporation Income Tax Return		P
DR 0145	Colorado Tax Information Authorization or Power of Attorney	P	P	P	P	P
DR 0158-C	Extension of Time for Filing a Colorado C Corporation Income Tax Return		P
DR 0158-F	Payment for Automatic Colorado Extension for Estates or Trusts					P
DR 0158-I	Extension Payment for Colorado Individual Income Tax	P
DR 0158-N	Automatic Filing Extension for Composite Nonresident Income Tax Return			P	P
DR 0204	Individual Underpayment Penalty	P
DR 0205	Tax Year Ending Computation of Penalty Due Based on Underpayment of Colorado Corporate Estimated Tax		P
DR 0289	Employer Contributions to Employee 529 Qualified State Tuition Program	P	P	P	P	P
DR 0347	Child Care Expenses Tax Credit	P
DR 0350	First-Time Home Buyer Savings Account Interest Deduction	P
DR 0375	Credit for Employer Paid Leave of Absence for Live Organ Donation	P	P	P	P	P
DR 0617	Innovative Motor Vehicle and Truck Credits	P	P	P	P	P
DR 0900	Individual Income Tax Payment Form	P
DR 0900C	C Corporation Income Tax Payment Form		P
DR 0900F	Fiduciary Income Tax Payment Form					P
DR 0900P	Partnerships and S Corporations Income Tax Payment Form			P	P
DR 1305	Gross Conservation Easement Donor Schedule	P	P	P	P	P
DR 1305E	Gross Conservation Easement Credit Transfer Schedule	P	P	P	P	P
DR 1305F	Gross Conservation Easement Credit Pass-Through Schedule	P	P	P	P	P
DR 1305G	Gross Conservation Easement Credit Use Schedule	P	P	P	P	P
DR 1316	Colorado Source Capital Gain Affidavit	P	P
DR 1330	Strategic Capital Tax Credit and Carryforward Schedule	P	P	P	P	P
DR 1366	Enterprise Zone Credit and Carryforward Schedule	P	P	P	P	P
DR 1703	Early Childhood Educator Income Tax Credit	P
DR 1705	SALT Parity Act Election Form			P	P
DR 1706	Annual Transmittal of DR 106K			P	P
DR 8454	Income Tax Declaration for Electronic Filing	P	P	P	P	P
Schedule C (DR 0112)	Affiliations Schedule		P
Schedule RF (DR 0112)	Apportionment Schedule		P

Tax Law Changes

• The tax rate for tax year 2023 is 4.4%.

• Additions for “Nonqualified Colorado ABLE Account distributions” have been added to Form DR 0104, Individual Income Tax Return.

• The subtraction “Colorado ABLE Contribution” has been added to Form DR 0104AD, Subtractions from Income Schedule.

• The following credits have been added for tax year 2023:

  • Alternative Transportation Options Credit

  • Nonrefundable Heat Pump Credit

  • Nonrefundable Residential Energy Storage Systems Credit

  • Refundable Heat Pump Credit

  • Refundable Residential Energy Storage Systems Credit