Drake Tax – 2024 Form Availability and Tax Changes: Colorado

Article #: 20007

Last Updated: January 31, 2025

 

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Supported Forms

The following Colorado forms are supported in Drake Tax 2024. Forms denoted with e-Sign icon can be e-signed.

Note  Dates shown below are estimates based on the most up-to-date information currently available to Drake Software.

We are committed to meeting or exceeding the delivery dates listed; however, there may be additional factors that could impact the final date. The chart will be updated as new information becomes available.

Chart key:

t Form is supported in the indicated return type.

P Form is available for e-file / paper file.

r Form is not supported for e-file / paper file.

MM/DD Estimated availability date.

Also see Drake Tax - Do Not Mail Watermarks, Banners, EF Message 0001, Note 129.

The chart may not be displayed as expected on mobile devices.

Important  The Colorado DOR will not begin processing e-filed returns until mid-February. Anticipated e-file processing start dates are as follows:

  • Individual – February 11, 2025

  • Business – February 10, 2025

  • Fiduciary – February 10, 2025

You will not receive any CO acks other than “pending - waiting for acceptance” until the Colorado DOR begins processing electronically filed returns. More information will be added here when available.

Form Description IND CRP SCRP PTR FID e-File Paper File
DR 0021 Severance Tax – Oil and Gas t t t t t r P
DR 0021AS Severance Tax Affiliations Schedule t t t t t r P
DR 0021D Oil and Gas Severance Tax Schedule t t t t t r P
DR 0021P Estimated Oil and Gas Severance Tax t t t t t r P
DR 0021PD Detail Information for Producers t t t t t r P
DR 0021S Extension of Time for Filing Colorado Oil and Gas Severance Tax Return t t t t t r P
DR 0021X Amended Colorado Oil and Gas Severance Tax Return t t t t t r P
DR 0102 Claim for Refund on Behalf of Deceased Taxpayer t         02/07 P
DR 0104 Colorado Individual Income Tax Return t         02/07 P
DR 0104AD Subtractions from Income Schedule t         02/07 P
DR 0104AMT Alternative Minimum Tax Computation Schedule t         02/07 P
DR 0104BEP Nonresident Beneficiary Estimated Income Tax Payment         t 02/07 P
DR 0104CH Voluntary Contributions Schedule t         02/07 P
DR 0104CN Colorado Child Tax Credit t         02/07 P
DR 0104CR Individual Credit Schedule t         02/07 P
DR 0104EE Easy Enrollment Information Form t         02/07 P
DR 0104EP Estimated Income Tax Payment Form t         02/07 P
DR 0104PN Part-Year/Nonresident Tax Calculation Schedule t         02/07 P
DR 0104PTC Property Tax/Rent/Heat Rebate Application t         02/07 02/07
DR 0104TN Earned Income Tax Credit for ITIN Filers t         02/07 P
DR 0104US Consumer Use Tax Reporting Schedule t         02/07 P
DR 0104X Amended Colorado Individual Income Tax Return t         02/07 P
DR 0105 Colorado Fiduciary Income Tax Return         t 02/07 02/07
DR 0105EP Estate/Trust Estimated Tax Payment Form         t 02/07 P
DR 0106 Colorado Partnership and S Corporation and Composite Nonresident Income Tax Return     t t   02/07 P
DR 0106CR Pass-Through Entity Credit Schedule     t t   02/07 P
DR 0106EP Composite Nonresident Estimated Tax Payment Form     t t   02/07 P
DR 0106K Colorado K-1   t t t   02/07 02/07
DR 0107 Nonresident Partner or Shareholder Agreement     t t   02/07 P
DR 0112 Colorado C Corporation Income Tax Return   t       02/07 P
DR 0112CR Credit Schedule for Corporations   t       02/07 P
DR 0112EP Corporate Estimated Tax Payment Form   t       02/07 P
DR 0112X Amended Colorado C Corporation Income Tax Return   t       02/07 P
DR 0145 Colorado Tax Information Authorization or Power of Attorney t t t t t 02/07 P
DR 0158-C Extension of Time for Filing a Colorado C Corporation Income Tax Return   t       02/07 P
DR 0158-F Payment for Automatic Colorado Extension for Estates or Trusts         t 02/07 P
DR 0158-I Extension Payment for Colorado Individual Income Tax t         02/07 P
DR 0158-N Automatic Filing Extension for Composite Nonresident Income Tax Return     t t   02/07 P
DR 0204 Individual Underpayment Penalty t         02/07 P
DR 0205 Tax Year Ending Computation of Penalty Due Based on Underpayment of Colorado Corporate Estimated Tax   t       03/07 P
DR 0289 Employer Contributions to Employee 529 Qualified State Tuition Program t t t t t 03/07 P
DR 0347 Child Care Expenses Tax Credit t         02/07 P
DR 0350 First-Time Home Buyer Savings Account Interest Deduction t         02/07 P
DR 0375 Credit for Employer Paid Leave of Absence for Live Organ Donation t t t t t 02/07 02/07
DR 0617 Innovative Motor Vehicle and Truck Credits t t t t t 02/07 P
DR 0900 Individual Income Tax Payment Form t         r P
DR 0900C C Corporation Income Tax Payment Form   t       r P
DR 0900F Fiduciary Income Tax Payment Form         t r P
DR 0900P Partnerships and S Corporations Income Tax Payment Form     t t   r P
DR 1305 Gross Conservation Easement Donor Schedule t t t t t 02/07 P
DR 1305E Gross Conservation Easement Credit Transfer Schedule t t t t t 02/07 P
DR 1305F Gross Conservation Easement Credit Pass-Through Schedule t t t t t 02/07 P
DR 1305G Gross Conservation Easement Credit Use Schedule t t t t t 02/07 P
DR 1316 Colorado Source Capital Gain Affidavit t t       02/07 P
DR 1330 Strategic Capital Tax Credit and Carryforward Schedule t t t t t 02/07 P
DR 1366 Enterprise Zone Credit and Carryforward Schedule t t t t t 02/22 P
DR 1703 Early Childhood Educator Income Tax Credit t         02/07 P
DR 1705 SALT Parity Act Election Form     t t   02/07 P
DR 1706 Annual Transmittal of DR 106K     t t   02/07 P
DR 8454 e-Sign icon Income Tax Declaration for Electronic Filing t t t t t 02/07 P
Schedule C (DR 0112) Affiliations Schedule   t       02/07 P
Schedule RF (DR 0112) Apportionment Schedule   t       03/22 P

New Forms

  • DR 0619 – Assigned Innovative Motor Vehicle and Truck Credits and Electric Bicycle Credit Reconciliation Schedule

  • DR 1370 – Certified Economic Development Credit Schedule for Taxpayers with a Refund Certificate

Obsolete Forms

  • DR 0104US – Consumer Use Tax Reporting Schedule

  • DR 0108 – Statement of Colorado Tax Remittance for Nonresident Partner or Shareholder

Tax Law Changes

  • Business meals deducted pursuant to section 274(k) has been added to Form DR 0104, Individual Income Tax Return.

  • Nonrefundable CHIPS Zone Credit has been added to Form DR 0104, Individual Income Tax Return.

  • The following credits have been added for tax year 2024:

    • Food Accessibility Credit

    • Electric-Powered Lawn EquipmentCredit

    • Colorado Film Incentive Credit

    • Nonrefundable Assistance for Home Purchase Credit

    • Qualified Senior Housing Credit

    • Refundable CHIPS Zone Credit

  • The subtraction "Employee Contribution to Home Savings Account" has been added to Form DR104AD, Subtractions from income Schedule.

  • The tax rate for tax year 2024 is 4.25%.

Reminders

Starting with tax year 2023, Colorado requires a blank page to be printed at the end of the form when there are an odd number of pages for that form. In other words, for forms that are only a single page, two pages will be printed (one showing the form and the second blank).