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Colorado Aircraft Manufacturer New Employee Progress Report
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Extracted from PDF file 2023-colorado-form-dr-0085.pdf, last modified August 2013Aircraft Manufacturer New Employee Progress Report
DR 0085 (08/30/13) COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0005 *130085==19999* Aircraft Manufacturer New Employee Credit Progress Report Taxpayer/Company Name Information is for tax year ending (MM/YYYY) Business Address City State Zip Aviation Development Zone/ Airport Name Business Phone Number Check here if a progress report has been filed for this facility in a prior year. ( ) Date this facility began operations (MM/DD/YY) Did this facility relocate from another Colorado location? Chief Officer Last Name (Only if taxpayer is a C corporation) Yes No Chief Officer First Name Middle Initial Credit Computation Month Number of employees at the end of the month a b c d e f g h i j k l m Total 1. Average number of aviation zone employees for year, line m divided by 12 2. Prior employee base for computing the credit 3. New aviation zone employees, line 1 minus line 2 4. Credit per new aviation zone employee $ 1,200 00 5. Aircraft manufacturer new employee credit, line 3 times line 4 6. Average annual compensation, including benefits, paid to the full time employees employed at this facility during the current year. $ 00 $ 00 7. Average number of aviation employees at this facility during the prior year. 8. Has the taxpayer reduced employment at any other site in Colorado that is controlled by the aircraft manufacturer? Yes No If yes, check all of the following that caused the reduction: Automation If other, please specify: Acquisition Merger Corporate Restructuring Other Taxpayer Signature I declare that all the above information is true and correct to the best of my knowledge and belief. Print Last Name Last Name Signature of Chief Officer/ Owner See instructions on page 2 for required attachment and mailing information. Middle Initial Date (MM/DD/YY) Title Instructions Form DR 0085 must be completed by any aircraft manufacturer that claims the aircraft manufacturer new employee income tax credit. This report is public record and copies will be available from the Office of Economic Development and International Trade for five years from the due date of the report. The report is due within 90 days of the end of the tax year and must be filed prior to the filing of an income tax return that claims the reported tax credit. This report must be filed with both the Office of Economic Development and International Trade and the Colorado Department of Revenue. Attachments Payroll or other data to verify the number of full-time employees reported on this form and for the prior two years must be attached to the form when submitted. Do not include any information that reveals the amount of compensation paid to any individual employee or social security numbers. S corporations, partnerships and other pass-through entities must attach Form DR 0086 to the report filed with the Department of Revenue to identify all shareholders, partners or members and the amount of the credit allocated to each. The information included on the DR 0086 is not public record and will not be released with copies of this progress report. Information See FYI Income 62 at www.TaxColorado.com for additional information regarding the tax credit and the filing of this report. Colorado Department of Revenue Denver CO 80261-0005 www.TaxColorado.com (303) 238-7378 Colorado Office of Economic Development and International Trade 1625 Broadway, Room 1700 Denver CO 80202 www.Colorado.gov (303) 892-3840
Form DR 0085
More about the Colorado Form DR 0085 Corporate Income Tax TY 2023
Form DR 0085 must be completed by any aircraft manufacturer that claims the aircraft manufacturer new employee income tax credit. This report is public record and copies will be available from the Office of Economic Development and International Trade for five years from the due date of the report.
We last updated the Aircraft Manufacturer New Employee Progress Report in February 2024, so this is the latest version of Form DR 0085, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form DR 0085 directly from TaxFormFinder. You can print other Colorado tax forms here.
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TaxFormFinder has an additional 64 Colorado income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Form DR 0074 | Enterprise Zone Pre-Certification for Business |
| Form DR 0617 | Innovative Motor Vehicle Credit |
| Form 106 | Partnership / S-Corporation Pass-Through Entities Tax Booklet |
| Form DR 5714 | Request for Copy of Form Filed |
| Form DR 0077 | Enterprise Zone Certification - Research/Development Expenditures |
View all 65 Colorado Income Tax Forms
Form Sources:
Colorado usually releases forms for the current tax year between January and April. We last updated Colorado Form DR 0085 from the Department of Revenue in February 2024.
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 DR 0085
We have a total of twelve past-year versions of Form DR 0085 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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