Colorado severance tax oil and gas dr 0021
Indicate the correct tax year when filing a Colorado Severance Tax Return. Married couples should not file separately if they file their income tax returns jointly. Taxpayers must complete the Colorado Oil and Gas Severance Tax Schedule and attach it to the DR 0021 return. Both of these forms are in the Colorado Severance Tax Booklet. DR 0021 Severance Tax Booklet Page 2 GENERAL INFORMATION WHAT IS THE COLORADO SEVERANCE TAX? Colorado severance tax is a tax imposed upon nonre-newable natural resources that are removed from the earth in Colorado. The tax is calculated on the gross income from oil and gas and carbon dioxide production. WHO MUST FILE THE COLORADO SEVERANCE TAX your share of any ad valorem taxes paid. You must attach one copy of this form to your “Colorado Severance Tax Return” (DR 0021) in order to claim credits. If you need additional information about severance tax, see publication FYI General 4, "Severance Tax Information for Owners of any Interest in any Oil and Gas Produced in Colorado," on You are allowed to deduct a percentage of your share of ad valorem taxes paid on actual oil or gas production. Annual Reconciliation An Annual Reconciliation of Severance Tax Withheld from Oil and Gas Payments ( DR 0456 ) must be filed with the Colorado Department of Revenue on or before April 15, following the close of the calendar year.
Colorado severance tax return. • Married couples must file jointly even if only one spouse has oil and gas income. • Taxpayers must complete the DR 0021D, Colorado Oil and Gas Severance Tax Schedule, and attach it to the DR 0021 return. Both of these forms are in this booklet. • Be sure to carry the correct totals from the DR 0021D
For tax year beginning MM/YY Taxpayer s Last Name A List each 0021W on a Separate Line Colorado Oil And Gas Severance Tax Schedule Attach to Form DR 0021 request under form I hereby request that the attached application not be published under 35 U.S.C. 122 b. Net tax on oil and gas income, line 2 minus line 4. If line 4 is larger enter 0. Enter here and on line 1 of form DR 0021.. You must attach one copy of this form to your “Colorado Severance Tax Return” (DR 0021) in order to claim credits. If you need additional information about severance tax, see publication FYI General 4, "Severance Tax Information for Owners of any Interest in any Oil and Gas Produced in Colorado," on our Web site www.TaxColorado.com DR 0021 (06/19/15) COLORADO DEPARTMENT OF REVENUE Denver CO 80261-0006 www.TaxColorado.com (7001) Colorado Severance Tax–Oil and Gas DR 0021 Fiscal Year Beginning (MM/DD/YY)Ending Last Name or Business Name First Name Middle Initial Colorado Severance Tax Booklet THIS BOOKLET CONTAINS: DR 0021 Oil and Gas Severance Tax Return DR 0021D Oil and Gas Severance Tax Computation Schedule DR 0021S Application for Extension of Time to File Colorado Severance Tax Return Severance Tax Forms All forms in this booklet may be photocopied. Other severance tax forms and
Form DR 0021-S*—Extension of Time for Filing Colorado Oil and Gas Severance Tax Return Form DR 21-W*—Oil and Gas Withholding Statement of Calendar Year 200* Form DR 0021X*—Amended Colorado Oil and Gas Severance Tax Return Form DR 0074*—Certification of Qualified Enterprise Zone Business Form DR 0084* Substitute Colorado W-2 Form Form DR
You must attach one copy of this form to your “Colorado Severance Tax Return” (DR 0021) in order to claim credits. If you need additional information about severance tax, see publication FYI General 4, "Severance Tax Information for Owners of any Interest in any Oil and Gas Produced in Colorado," on our Web site www.TaxColorado.com DR 0021 (06/19/15) COLORADO DEPARTMENT OF REVENUE Denver CO 80261-0006 www.TaxColorado.com (7001) Colorado Severance Tax–Oil and Gas DR 0021 Fiscal Year Beginning (MM/DD/YY)Ending Last Name or Business Name First Name Middle Initial Colorado Severance Tax Booklet THIS BOOKLET CONTAINS: DR 0021 Oil and Gas Severance Tax Return DR 0021D Oil and Gas Severance Tax Computation Schedule DR 0021S Application for Extension of Time to File Colorado Severance Tax Return Severance Tax Forms All forms in this booklet may be photocopied. Other severance tax forms and Form DR 0021-S*—Extension of Time for Filing Colorado Oil and Gas Severance Tax Return Form DR 21-W*—Oil and Gas Withholding Statement of Calendar Year 200* Form DR 0021X*—Amended Colorado Oil and Gas Severance Tax Return Form DR 0074*—Certification of Qualified Enterprise Zone Business Form DR 0084* Substitute Colorado W-2 Form Form DR Section 39-22-505, C.R.S. 1973, regarding a tax on gross income from oil and gas production for income tax is repealed as of January 1, 1978. This Section 39-29-105, provides a tax on the severance of crude oil, natural gas, and oil and gas within this state. This tax is levied in addition to all other taxes. Gross Form DR0021P is a Colorado Department of Revenue form also known as the "Estimated Colorado Oil And Gas Severance Tax".The latest edition of the form was released in June 2, 2014 and is available for digital filing.. Download a PDF version of the Form DR0021P down below or find it on Colorado Department of Revenue Forms website.
DR 0021D (07/02/18) COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0006 Colorado.gov/Tax Colorado Oil And Gas Severance Tax Schedule (Attach to the DR 0021) For tax year beginning (MM/YY) Ending (MM/YY) Page Of Please round to whole dollars.
Oil and Gas Severance Tax Schedule Copies of any Oil and Gas Withholding Statements ( DR 0021W ) You may need to submit additional forms with your DR 0021 depending on your unique tax situation. Colorado.gov/Tax for forms and information. The Amended Colorado Oil and Gas Severance Tax Return (DR 0021X) is required to be used when correcting your Colorado Oil and Gas Severance Tax Return (DR 0021). Statute of Limitations The statute of limitations for filing a Colorado severance tax Form DR0021D is a Colorado Department of Revenue form also known as the "Colorado Oil And Gas Severance Tax Schedule".The latest edition of the form was released in July 21, 2017 and is available for digital filing.. Download an up-to-date fillable Form DR0021D in PDF-format down below or look it up on the Colorado Department of Revenue Forms website. Indicate the correct tax year when filing a Colorado Severance Tax Return. Married couples should not file separately if they file their income tax returns jointly. Taxpayers must complete the Colorado Oil and Gas Severance Tax Schedule and attach it to the DR 0021 return. Both of these forms are in the Colorado Severance Tax Booklet. DR 0021 Severance Tax Booklet Page 2 GENERAL INFORMATION WHAT IS THE COLORADO SEVERANCE TAX? Colorado severance tax is a tax imposed upon nonre-newable natural resources that are removed from the earth in Colorado. The tax is calculated on the gross income from oil and gas and carbon dioxide production. WHO MUST FILE THE COLORADO SEVERANCE TAX your share of any ad valorem taxes paid. You must attach one copy of this form to your “Colorado Severance Tax Return” (DR 0021) in order to claim credits. If you need additional information about severance tax, see publication FYI General 4, "Severance Tax Information for Owners of any Interest in any Oil and Gas Produced in Colorado," on You are allowed to deduct a percentage of your share of ad valorem taxes paid on actual oil or gas production. Annual Reconciliation An Annual Reconciliation of Severance Tax Withheld from Oil and Gas Payments ( DR 0456 ) must be filed with the Colorado Department of Revenue on or before April 15, following the close of the calendar year.
You are allowed to deduct a percentage of your share of ad valorem taxes paid on actual oil or gas production. Annual Reconciliation An Annual Reconciliation of Severance Tax Withheld from Oil and Gas Payments ( DR 0456 ) must be filed with the Colorado Department of Revenue on or before April 15, following the close of the calendar year.
Oil and Gas Severance Tax Schedule Copies of any Oil and Gas Withholding Statements ( DR 0021W ) You may need to submit additional forms with your DR 0021 depending on your unique tax situation. Colorado.gov/Tax for forms and information. The Amended Colorado Oil and Gas Severance Tax Return (DR 0021X) is required to be used when correcting your Colorado Oil and Gas Severance Tax Return (DR 0021). Statute of Limitations The statute of limitations for filing a Colorado severance tax Form DR0021D is a Colorado Department of Revenue form also known as the "Colorado Oil And Gas Severance Tax Schedule".The latest edition of the form was released in July 21, 2017 and is available for digital filing.. Download an up-to-date fillable Form DR0021D in PDF-format down below or look it up on the Colorado Department of Revenue Forms website. Indicate the correct tax year when filing a Colorado Severance Tax Return. Married couples should not file separately if they file their income tax returns jointly. Taxpayers must complete the Colorado Oil and Gas Severance Tax Schedule and attach it to the DR 0021 return. Both of these forms are in the Colorado Severance Tax Booklet.
Download Form DR0021D "Colorado Oil and Gas Severance Tax Schedule" - of the DR 0021. 5. 00. Tax Rate Schedule. If total net gross income is: The tax is:. 78 items DR 0021S, 2019 Extension Of Time For Filing Colorado Oil and Gas Severance Tax Return, Form, 06/28/19, 08/23/19, Final, 11/04/19, 06/28/19, Annual. (09/02/10) 2010 colorado severance tax forms and instructions this booklet contains: form dr 0021 oil and gas severance tax return form dr 0021d oil and gas Colorado Connecticut District of Columbia Delaware Florida Georgia Hawaii Iowa CO DR-0021X, Amended Oil and Gas Severance Tax Return. CO DR- 0074 2 Apr 2018 DR 0021D, Colorado Oil & Gas & Severance Tax Schedule -- must be attached to DR 0021. DR 0021W, Form the taxpayer receives from the