Colorado Payment for Automatic Colorado Extension for Estates or Trusts

 Payment for Automatic Colorado Extension for Estates or Trusts
Colorado Fiduciary Income Tax Filing Guide Book 105
DR 0105 (10/11/24)
COLORADO DEPARTMENT OF REVENUE
Tax.Colorado.gov
Page 1 of 9

*240105==19999*

2024 Colorado
Fiduciary Income Tax Return
(0033)
Fiscal Year Beginning (MM/DD/24)

Fiscal Year Ending (MM/DD/YY)

Mark box here if this is a:
Final Return

Amended Return

Name of Estate or Trust

Colorado Account Number (CAN)

Name of Fiduciary

Federal Employer ID Number (FEIN)

Address

Date estate or trust created (MM/DD/YY)

City

With respect to the tax year, did or will the estate or trust distribute
more than $1,000 in Colorado-source income to nonresident
beneficiaries? (mark one)

State

Yes

ZIP

Round All Amounts to
the Nearest Dollar

No

1. Federal taxable income from federal form 1041, line 23

1

00

2. Business meals deducted pursuant to section 274(k) of the Internal Revenue Code.
3. Other additions to federal
taxable income
Explain:

2

00

3

00

4. Net additions, sum lines 2 and 3

4

00

5. Colorado Marijuana and Natural Medicine Business Deduction
6. Subtractions from federal
taxable income
Explain:

5

00

6

00

7. Net subtractions, sum lines 5 and 6

7

00

8. Net modifications, subtract line 7 from 4. Use brackets for negative numbers.

8

00

9. Net modifications allocated to beneficiaries

9

00

10

00

	11

00

	12

00

	13

00

10. Net modifications allocated to the estate or trust, subtract line 9 from line 8
11. Colorado taxable income of the estate or trust, sum of lines 1 and 10
12. Normal Tax, 4.25% of the amount on line 11. Nonresident estates or trusts enter
tax from Schedule E, line 8. You must submit Schedule E for nonresident
estates or trusts with your return.
13. Alternative Minimum Tax from Schedule F, line 8. You must submit
Schedule F with your return.

*240105==29999*

DR 0105 (10/11/24)
COLORADO DEPARTMENT OF REVENUE
Tax.Colorado.gov
Page 2 of 9

Name of Estate or Trust (match page 1)

CAN or FEIN (match page 1)

14.	 Sum of lines 12 and 13		
14
00
15.	 Credits from Schedule G, line 15. You must submit Schedule G with your return. 	
16.	 Nonrefundable Enterprise Zone credits - as calculated, or from
DR 1366 line 26. You must submit the DR 1366 with your return.	
17.	 Nonrefundable CHIPS Zone Credit from DR 1370 line 22.
You must submit the DR 1370 with your return.	
18.	 Strategic capital tax credit from DR 1330, you must submit the
DR 1330 with your return.	

	15

00

	16

00

	17

00

	18

00

19.	 Sum of lines 15, 16, 17 and 18. This total cannot exceed line 14.		
19

00

20.	 Net tax, subtract line 19 from line 14		
20
00
21.	 Estimated tax, extension payments, and credits 	
22.	 Colorado income tax withheld from wages, you must submit the W-2s
and/or 1099s claiming Colorado withholding with your return. 	
23.	 W-2G withholding from lottery winnings, you must submit each W-2G
with your return.	
24.	 Gross conservation easement credit from form DR 1305G line 33.
You must submit the DR 1305G with your return.	
25.	 Innovative Motor Vehicle and Innovative Truck Credit for a vehicle you purchased
or leased from form DR 0617, you must submit the DR 0617(s) with your return.	
26.	 Business Personal Property Credit: Use the calculation in the 105 Book instructions,
you must submit a copy of the assessor’s statement with your return.	
27.	 Refundable Renewable Energy Tax Credit from form DR 1366, line 28,
you must submit the DR 1366 with your return.	
28.	 Refundable CHIPS Zone Credit(s) from the DR 1370 line 24,
you must submit the DR 1370 with your return.	
29.	 Partner’s or shareholder’s share of tax paid with
composite return or SALT Parity election.	
30.	 Credit for conversion costs to an employee-owned business model. You must
submit the certificate from the Office of Economic Development with your return.	

	21

00

	22

00

	23

00

	24

00

	25

00

	26

00

	27

00

	28

00

	29

00

	30

00

31.	 Alternative Transportation Options Credit	

	31

00

32.	 Heat Pump Credit for Registered Contractors from DR 1322, line 7	
33.	 Refundable Residential Energy Storage Systems Credit (assigned to you by the
building owner) from line 10 of DR 1307, which you must submit with your return.	
34.	 Additional credit from form DR 0619, line 3 and 10, you must submit
the DR 0619 with your return.	

	32

00

	33

00

	34

00

35.	 Food Accessibility Credit, certified by the Department of Agriculture	

	35

00

36.	 Colorado Film Incentive Credit	
37.	 Certified Greenhouse Gas Avoidance Credits. You must submit certificate(s)
from the Colorado Energy Office with your return.	

	36

00

	37

00

38.	 Electric-Powered Lawn Equipment Credit for qualified retailers.	

	38

00

*240105==39999*

DR 0105 (10/11/24)
COLORADO DEPARTMENT OF REVENUE
Tax.Colorado.gov
Page 3 of 9

Name of Estate or Trust (match page 1)

CAN or FEIN (match page 1)

39. Sum of lines 21 through 38

39

00

40. Penalty, also include on line 42 if applicable

	40

00

41. Interest, also include on line 42 if applicable
42. If amount on line 20 is greater than amount on line 39, enter amount owed.
Include amounts, if any, from lines 40 and 41.

	41

00

	42

43. If line 39 is larger than line 20, enter overpayment

43

00

44. Overpayment to be credited to 2025 estimated tax

	44

00

45. Overpayment to be refunded

	45

00

Direct
Deposit

Routing Number

Type:

Checking

Savings

Account Number

Do you want to allow the paid preparer entered below to
discuss this return and any related information with the
Colorado Department of Revenue? See the instructions.

Yes

No

I declare under penalty of perjury in the second degree, that this return is true, correct and complete to the best of my knowledge and belief.
Declaration of preparer is based on all information of which the preparer has any knowledge.

Submit to Colorado.gov/RevenueOnline or mail to: If you are filing this return with a check or payment, please mail the return to:
COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0006. If you are filing this return without a check or payment, please
mail the return to: COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0005.
Signature of fiduciary or officer representing fiduciary

Date (MM/DD/YY)

Person or firm preparing return

Date (MM/DD/YY)

The State may convert your check to a one-time electronic banking transaction. Your bank account may be debited as early as the same day received by the State.
If converted, your check will not be returned. If your check is rejected due to insufficient or uncollected funds, the Department of Revenue may collect the payment amount
directly from your bank account electronically.

*240105==49999*

	

Schedules A and B (DR 0105)

DR 0105 Schedule
(10/11/24)
Page
4 of 9
	Note:
If any Income Distribution Deduction

was claimed for Federal Tax purposes, this page must be
completed and submitted with your return.

Name of Estate or Trust (match page 1)

CAN or FEIN (match page 1)

Schedule A — Names and Addresses of Beneficiaries — Use lines (a) through (e) for resident beneficiaries
(a)
(b)
(c)
(d)
(e)
— Use lines (f) through (j) for nonresident beneficiaries
(f)
(g)
(h)
(i)
(j)
Schedule B — Computation of the shares of the Colorado fiduciary adjustment. The Colorado fiduciary adjustment is to be
allocated among the beneficiaries and the fiduciary in proportion to their share of the federal distributable net income.
Share of federal distributable net income
Beneficiary
as per schedule A
Amount
Percent
(a)

%

$

(b)

%

(c)

%

(d)

%

(e)

%

(f)

%

(g)

%

(h)

%

(i)

%

(j)

%

Subtotal

%

$

Fiduciary
Total

%
$

100%

DR 0105 Schedule
(10/11/24)
Page 5 of 9

*240105==59999*

Schedules C and D (DR 0105)

Note: If you utilize either of these schedules,
this page must be submitted with your return.

Name of Estate or Trust (match page 1)

CAN or FEIN (match page 1)

Schedule C — Computation of the percentage of federal distributable net income from Colorado sources for use in
Schedule D, columns 7 and 8, in determining the modified federal income reportable to Colorado by nonresident beneficiaries.
1. Per Applicable Federal Form
1.	 Dividends

2. From Colorado Sources

$

$

$

$

$

$

2.	 Interest (Include exempt interest)
3.	 Partnership/Fiduciary income
4.	 Net rents and royalties
5.	 Net profit (loss) business
6.	 Other income
7.	 Total lines 1 through 6
8.	 Expenses
9.	 Federal distributable net income

Percent of federal distributable net income from Colorado sources:
(Divide line 9, column 2 by line 9, column 1.)
Schedule D—Beneficiaries Social Security Numbers/ITINs, Income, Modifications and Withholding
1.	Resident Beneficiary’s
2.	Federal Fiduciary Income
3.	Schedule B Percentage 4.	 Fiduciary Adjustment
SSN or ITIN
(a)

$

%$

(b)

$

%$

(c)

$

%$

(d)

$

%$

(e)
$
5. Nonresident Beneficiary’s 6. F
 ederal Distributable
SSN or ITIN
Net Income

%$
8. Income
Reportable to
Colorado

7. Schedule C
Percentage

%

9. Colorado Withholding
Required 4.25% of
Column 8

(f)

$

%$

$

00

(g)

$

%$

$

00

(h)

$

%$

$

00

(i)

$

%$

$

00

(j)

$

%$

$

00

*240105==69999*

DR 0105 Schedule
(10/11/24)
Page 6 of 9

Name of Estate or Trust (match page 1)

Schedule E (DR 0105)

Note: If you utilize this schedule, this
page must be submitted with your return.
CAN or FEIN (match page 1)

Schedule E — Part-Year Resident/Nonresident Estate or Trust Apportionment Schedule
Federal Column
1. Income, specify type:

Total Income	

	1

2. Deductions, specify:

Colorado Column

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

00

Total Deductions	

	2

00

00

3. Taxable income, subtract line 2 from line 1

	3

00

00

4. Modifications from DR 0105 line 10

	4

00

00

5. Modified taxable income, sum of lines 3 and 4

	5

00

00

6. Amount on line 5, Colorado Column divided by amount on line 5, Federal Column 	

6

%

7. 4.25% of the amount on DR 0105 line 11
8. Amount on line 7 multiplied by percentage on line 6, enter here and on the
DR 0105 line 12

7

00

8

00

*240105==79999*

DR 0105 Schedule
(10/11/24)
Page 7 of 9

Name of Estate or Trust (match page 1)

Schedule F (DR 0105)

Note: If you utilize this schedule, this page
must be submitted with your return.
CAN or FEIN (match page 1)

Schedule F — Fiduciary Alternative Minimum Tax Computation Schedule
Federal Column

Colorado Column

1.	Fiduciary’s share of federal alternative taxable income
minus federal AMT exemption	
1

00

00

2.	Modifications from DR 0105 line 10	

2

00

00

3.	Sum of lines 1 and 2 	

3

00

00

4.	3.47% of the amount on line 3, federal column 	
4
00
5.	Part-year/Nonresident estate or trust only, amount on line 3, Colorado column
divided by amount on line 3, federal column 		
5
6.	Part-year/Nonresident estate or trust only, amount on line 4 multiplied by
6
percentage on line 5 		
7.	Enter normal tax from DR 0105 line 12		
8.	Resident estate or trust enter amount by which line 4 is greater than line 7.
Nonresident estate or trust enter amount by which line 6 is greater than line 7.
Enter here and on DR 0105 line 13		

%
00

7

00

8

00

*240105==89999*

DR 0105 Schedule
(10/11/24)
Page 8 of 9

Schedule G (DR 0105)

Note: If you utilize this schedule, both
pages must be submitted with your return.

Name of Estate or Trust (match page 1)

CAN or FEIN (match page 1)

Schedule G — Fiduciary Credit Schedule
1.	 Credit for Tax Paid to Another State - Submit a copy of the relevant pages of each state’s tax return when
claiming this credit. Such pages must include the adjusted gross income calculation, any disallowed federal
deductions and the tax calculation for each state. Compute a separate credit for each state. The Department
strongly recommends electronic filing for taxpayers with credits for more than one state. Failure to file
electronically may result in delays processing your return.

	 (a)
(a) Name of other state	
		
(b) Total tax from the DR 0105 line 14	
	 (b)
00
(c) Modified federal taxable income from sources in the other state	

	 (c)

00

(d) Total modified federal taxable income	

	 (d)

00

(e) Amount on line 1(c) divided by amount on line 1(d)	

	 (e)

%

(f) Amount on line 1(b) multiplied by percentage on line 1(e)	

	 (f)

00

(g) Tax liability to other state	

	 (g)

00

	 (h)

00

(a) Colorado tax on income subject to tax in both states	

	 (a)

00

(b) Other state’s effective tax rate	

	 (b)

%

(c) Total of both states’ tax rates, line 2(b) plus 4.25%	 (c)

%

(d) Percentage of credit, line 2(b) divided by line 2(c)	
	
(e) Total credit, line 2(a) multiplied by percentage on line 2(d)	

(d)

%

(e)

00

	 3

00

(h) Allowable credit the smaller of lines 1(f) or line 1(g)	
2.	 Dual Resident Trust Credit for the state of:
Attach a copy of the tax return filed with the other state.

3.	 Credit for prior year alternative minimum tax. See instructions	

4.	 Subtotal of Credits unavailable for carryforward. Add lines 1(h), 2(e), and 3.	
	 4
Column A - Credit Available
5.	 Remediation of Contaminated Land Credit,
you must submit a copy of the CDPHE
certification and DR 0349 with your return.	
	5
00
6.	 Preservation of Historic Structures credit
(per §39-22- 514.5, C.R.S.) carried forward
from a prior year.	
	6
00
7.	 Preservation of Historic Structures credit per
§39-22-514.5, C.R.S., (attach certificate from Office
of Economic Development or local granting authority)	 	7
00
8.	 If you are claiming the Preservation of Historic
Structures credit, enter your credit certificate
number issued by OEDIT or History Colorado.	 	 8

00
Column B - Credit Used
00
00
00

DR 0105 Schedule
(10/11/24)
Page 9 of 9

*240105==99999*
Name of Estate or Trust (match page 1)

Schedule G (DR 0105) (cont’d)

Note: If you utilize this schedule, both
pages must be submitted with your return.
CAN or FEIN (match page 1)

Column A - Credit Available
9.	 Credit for employer contributions to employee 529
plan, you must submit DR 0289 with your return.	
10.	 Credit for employer paid leave of absence for live
organ donation. Employer must complete and
submit form DR 0375 with their return.	
11.	 Nonrefundable Residential Energy Storage
Systems Credit from line 3 of DR 1307, which
you must submit with your return 	
12.	 Enterprise Zone Contribution Credit, you must
submit the certificate from OEDIT with your return.	
13.	 Other Credits, explain below:	
14.	 Subtotal of Credits available for carryforward.
Add lines 5 through 13 (except line 8)
column A and B	
15.	 Total credit used, sum of line 4 and line 14,
column B. Enter the result here and transfer
that amount to the DR 0105 line 15.	

Column B - Credit Used

	 9

00

00

10

00

00

	11

00

00

	12

00

00

	13

00

00

	14

00

00

	15

File and pay at: Colorado.gov/RevenueOnline
If you are filing this return with a check or payment,
please mail the return to:

If you are filing this return without a check or payment,
please mail the return to:

COLORADO DEPARTMENT OF REVENUE
Denver, CO 80261-0006

COLORADO DEPARTMENT OF REVENUE
Denver, CO 80261-0005

These addresses and zip codes are exclusive to the Colorado Department of Revenue,
so a street address is not required.

00