Colorado Nonresident Partner/Shareholder Agreement
Extracted from PDF file 2019-colorado-form-107.pdf, last modified August 2016
Nonresident Partner/Shareholder Agreement*190107==19999* DR 0107 (06/18/19) COLORADO DEPARTMENT OF REVENUE Denver CO 80261-0008 Colorado.gov/Tax 2019 Colorado Nonresident Partner or Shareholder Agreement Taxable Year of Partner or Shareholder Ending MM/DD/YYYY Beginning MM/DD/YYYY Taxable Year of Pass-Through Entity Beginning MM/DD/YYYY Ending MM/DD/YYYY Name and Address of Nonresident Partner or Shareholder SSN or ITIN FEIN Name and Address of Pass-Through Entity Colorado Account Number FEIN Last Name or Business Name Last Name or Business Name First Name Middle Initial First Name Street or Mailing Address Street or Mailing Address City City State ZIP State Middle Initial ZIP I agree to file a Colorado income tax return and make timely payment of all taxes imposed by the state of Colorado with respect to my share of the Colorado income of the pass-through entity named above. I also agree to be subject to personal jurisdiction in the state of Colorado for purposes of the collection of unpaid income tax together with related penalties and interest. I furthermore understand the Department of Revenue will consider the timely first filing of this agreement as applicable to all future filing periods unless notified otherwise. Taxpayer's or Authorized Agent's Signature Date (MM/DD/YY) Submit this agreement when filing the Colorado form DR 0106 A nonresident partner or shareholder can complete this form DR 0107 to establish that they will report the Colorado source income and pay the Colorado tax on any income derived from a Colorado partnership or S corporation. This form shall be delivered by the nonresident partner or shareholder to the partnership or S corporation, which shall later be submitted by the partnership or S corporation with form DR 0106. This form need only to be filed with the Department for the year in which the agreement is made. See the instructions for Nonresident Partners and Shareholders in the 106 Book and publication FYI Income 54 available at Colorado.gov/Tax for more information.
More about the Colorado Form 107 Corporate Income Tax Nonresident
A nonresident partner, shareholder, or member can complete this form DR 0107 to establish that they will report the Colorado source income and pay the Colorado tax on any income derived from a Colorado partnership. This form shall be delivered by the nonresident partner to the partnership, which shall later be submitted by the partnership with form DR 0106. This form need only to be filed with the Department for the year in which the agreement is made.
We last updated the Nonresident Partner/Shareholder Agreement in February 2020, and the latest form we have available is for tax year 2019. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Colorado Department of Revenue. You can print other Colorado tax forms here.
Related Colorado Corporate Income Tax Forms:
|Form Code||Form Name|
|Form DR 1079||Real Property Interest - Payment of Withholding|
Colorado usually releases forms for the current tax year between January and April. We last updated Colorado Form 107 from the Department of Revenue in February 2020.
Form 107 is a Colorado Corporate Income Tax form. Many states have separate versions of their tax returns for nonresidents or part-year residents - that is, people who earn taxable income in that state live in a different state, or who live in the state for only a portion of the year. These nonresident returns allow taxpayers to specify which which income is subject to the state's taxes, and which is not.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Colorado Form 107
We have a total of five past-year versions of Form 107 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Colorado Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.