Colorado Amended Corporate Tax Return
Extracted from PDF file 2017-colorado-form-dr-0112x.pdf, last modified July 2017
Amended Corporate Tax Return*DO=NOT=SEND* DR 0112X (7/20/17) COLORADO DEPARTMENT OF REVENUE Colorado.gov/Tax 2017 Amended C Corporation Income Tax Return Instructions The 2017 DR 0112X, Amended Colorado C Corporation Income Tax Return, is used to correct your 2017 Corporation income tax return. File the return for free using Revenue Online. You can file on paper if you cannot file electronically, but please note that filing on paper may result in processing delays. For more information or any questions pertaining to income, deductions, modifications, credits, etc., refer to the income tax book for 2017 or call the Department of Revenue at 303-238-SERV (7378).You can also visit Colorado.gov/Tax to obtain forms, information and the FYIs referenced herein. Attachments: You must submit all required schedules and supporting certifications to this amended return even if there is no change from the original return. (For example: Schedule SF, DR 0112CR, DR 0074, etc.) Failure to attach this documentation will result in the disallowance of credits, subtractions or reduced apportioned income and will result in processing delays. Lines 36 through 42 compute the amount you owe to the state on the amended return. Any decrease in the amount of the overpayment (line 36) or increase in the amount owed (line 37) will indicate that an amount is owed with the amended return. See FYI General 11 for assistance in computing the amount of interest to enter on line 39. If you have previously been assessed a delinquency penalty or estimated tax penalty and this amended return causes the amount of penalty to change, enter the increased penalties on lines 40 and/or 41. Lines 43 through 47 compute your refund of credit available on the amended return. Any increase in the amount of the overpayment (line 43) or decrease in the amount owed (line 44) will indicate that an overpayment is available with the amended return. The overpayment can be credited to estimated tax (line 46) for the tax year following the period on the amended return, or can be requested as a refund (line 47). Statute of Limitations. The statute of limitations for filing a Colorado claim for refund is generally four years from the original due date of the return or three years from the date of the last payment of tax or the year involved, whichever is later. In the case of an investment credit or capital loss carryback, the claim must be filed within four years of the due date of the return for the year during which the credit or loss arose. See FYI General 18. Colorado net operating losses may not be carried back to an earlier year. They may be carried forward for 15 years from tax years beginning before August 6, 1997, and 20 years from tax years beginning on or after August 6, 1997. Protective Claims. If this amended return is being filed to keep the statute of limitations open pending the outcome of a court case or tax determination in another state that affects your Colorado return, check the protective claim box under reason for filing corrected return. Payment Taxpayers can now visit Colorado.gov/RevenueOnline to pay online. Online payments reduce errors and provide instant payment confirmation. Revenue Online also allows users to submit various forms and to monitor their tax account. Please be advised that a nominal processing fee may apply to electronic payments. If you are unable to remit electronically, make your check payable to the Colorado Department of Revenue. If you are not submitting your return electronically, please use form DR 0900C to remit your payment. Otherwise, your account might not be properly credited. MAILING ADDRESS FOR FORM DR 0112X WITH PAYMENT Mail To COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0006 WITHOUT PAYMENT Mail To 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. *170112X=19999* DR 0112X (7/20/17) COLORADO DEPARTMENT OF REVENUE Colorado.gov/Tax (0025) 2017 Amended Colorado C Corporation Income Tax Return Fiscal Year Beginning (MM/DD/17) Ending (MM/DD/YY) Reason for amended return (mark one) Investment tax credit carryback From tax year ending (YYYY) Federal Revenue Agent Report From tax year ending (YYYY) Federal net operating loss carryback Protective claim, attach explanation Other, attach explanation Note: Colorado net operating losses may not be carried back to an earlier tax year. Name of Corporation Colorado Account Number Address FEIN City State Final Return Zip If you are submitting a statement disclosing a listed or reportable transaction, mark this box A. Apportionment of Income. This return is being filed for: (42) A corporation not apportioning income; (45) A corporation electing to pay a tax on its gross Colorado sales; (43) A corporation engaged in interstate business apportioning income using single factor apportionment (Attach Schedule SF); (46) A corporation claiming an exemption under P.L. 86-272; (44) A corporation engaged in interstate business apportioning income under special regulation; (47) Alternate apportionment method (fill in below) Requires prior approval by the department B. Separate/Consolidate/Combined Filing. This return is being filed by: A single corporation filing a separate return; An affiliated group of corporations electing to file a consolidated return (Warning: such election is binding for four years). If your election was made in a prior year, enter the year of election in the box to the right. (Attach Schedule C); Enter the year of election here (YYYY) An affiliated group of corporations required to file a combined return (Attach Schedule C); An affiliated group of corporations required to file a combined return that includes another affiliated, consolidated group (Attach Schedule C). *170112X=29999* DR 0112X (7/20/17) COLORADO DEPARTMENT OF REVENUE Colorado.gov/Tax Name Account Number Federal Taxable Income 1. Federal taxable income from Form 1120 or 990-T As Amended 2. Federal taxable income of companies not included in this return 3. Net federal taxable income, subtract line 2 from line 1 Additions 1 00 2 00 3 00 4. Federal net operating loss deduction 4 00 5. Colorado income tax deduction 5 00 6. Other additions, submit explanation 6 00 7. Sum of lines 3 through 6 Subtractions 7 00 8. Exempt federal interest 8 00 9. Excludable foreign source income 10. Colorado source capital gain (assets acquired on or after 5/9/1994, held five years) 9 00 10 00 11. Colorado Marijuana Business Deduction 12. Agricultural asset lease deduction. Enter CADA Certificate number and submit a copy of your certificate with your return. 11 00 12 00 13 00 14 00 15 00 16. Colorado taxable income before net operating loss deduction 16 00 17. Colorado net operating loss deduction 17 00 18 00 19 00 20 00 21 00 CADA Certificate Number 13. Other subtractions, submit explanation 14. Sum of lines 8 through 13 Taxable Income 15. Modified federal taxable income, subtract line 14 from line 7 18. Colorado taxable income, subtract line 17 from line 16 19. Tax, 4.63% of the amount of line 18 Credits 20. Sum of nonrefundable credits from line 26, form DR 0112CR (the sum of lines 20 and 21 cannot exceed tax on line 19). You must submit the DR 0112CR with your return. 21. Non-refundable Enterprise Zone credits used – as calculated, or from the DR 1366 line 87 (the sum of lines 20 and 21 cannot exceed tax on line 19). You must submit the DR 1366 with your return. *170112X=39999* DR 0112X (7/20/17) COLORADO DEPARTMENT OF REVENUE Colorado.gov/Tax Name Account Number 22. Net tax, sum of lines 20 and 21. Subtract that sum from line 19. 23. Recapture of prior year credits 24. Sum of lines 22 and 23 25. Estimated tax and extension payments and credits 26. W-2G Withholding from lottery winnings, you must submit the W-2G(s) with your return. 27. Gross Conservation Easement Credit from the DR 1305G line 33, you must submit the DR 1305G with your return. 28. Innovative Motor Vehicle Credit from form DR 0617, you must submit the DR 0617(s) with your return. 29. Business Personal Property Credit: Use the worksheet in the 112 book instructions to calculate, you must submit copy of assessor’s statement with your return. 30. Renewable Energy Tax Credit from form DR 1366 line 88, you must submit the DR 1366 with your return. 22 00 23 00 24 00 25 00 26 00 27 00 28 00 29 00 30 00 31. Total of lines 25 through 30 31 00 If you want the Department of Revenue to compute and mail your refund, or compute your balance due and mail a bill, stop here and leave lines 32 through 47 blank. If you want to compute the refund or balance due yourself, continue with line 32. 32. If line 31 is larger than line 24, enter your overpayment 32 00 33. Enter the overpayment from your original return or as previously adjusted 33 00 34. If line 24 is larger than line 31, enter the amount owed 34 00 35. Enter the amount owed from your original return or as previously adjusted Compute the Amount You Owe 35 00 36. Subtract line 32 from line 33, if the result is negative then enter zero 36 00 37. Subtract line 35 from line 34 if the result is negative then enter zero 37 00 38. Additional tax due, sum of lines 36 and 37 38 00 39. Interest due on additional tax 39 00 40. Penalty due 40 00 41. Estimated tax penalty due 41 00 42. Payment due with this return, add lines 38 through 41 Paid by EFT 42 *170112X=49999* DR 0112X (7/20/17) COLORADO DEPARTMENT OF REVENUE Colorado.gov/Tax Name Account Number 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. Compute Your Refund 43. Subtract line 33 from line 32, if the result is negative then enter zero 43 00 44. Subtract line 34 from line 35, if the result is negative then enter zero 44 00 45. Overpayment, sum of lines 43 and 44 45 00 46. Amount you want credited to 2018 estimated tax 46 00 47. Refund claimed with this return, subtract line 46 from line 45 47 00 Direct Deposit Type: Routing Number Checking Savings Account Number Pay electronically at Colorado.gov/RevenueOnline or make checks payable to: Colorado Department of Revenue 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 Under penalties of perjury in the second degree, I declare that I have examined this return and to the best of my knowledge is true, correct and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Signature of Officer Title of Officer Paid Preparer’s Last Name Date (MM/DD/YY) Paid Preparer’s First Name Middle Initial Paid Preparer’s Address Paid Preparer’s Address City State Zip Paid Preparer’s Phone
Form DR 0112X
More about the Colorado Form DR 0112X Corporate Income Tax Amended Return TY 2017
The DR 0112X, Amended Colorado C Corporation Income Tax Return, is used to correct your Corporation income tax return. File the return for free using Revenue Online. You can file on paper if you cannot file electronically, but please note that filing on paper may result in processing delays.
We last updated the Amended Corporate Tax Return in January 2018, so this is the latest version of Form DR 0112X, fully updated for tax year 2017. You can download or print current or past-year PDFs of Form DR 0112X directly from TaxFormFinder. You can print other Colorado tax forms here.
Other Colorado Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 106||Partnership / S-Corporation Pass-Through Entities Tax Booklet|
|Form DR 1366||Enterprise Zone Credit and Carryforward Schedule|
|Form DR 0617||Innovative Motor Vehicle Credit|
|112 Booklet||C-Corporation Income Tax Return Booklet|
|Form DR 5714||Request for Copy of Form Filed|
Colorado usually releases forms for the current tax year between January and April. We last updated Colorado Form DR 0112X from the Department of Revenue in January 2018.
Form DR 0112X is a Colorado Corporate Income Tax form. An amended tax return is used to correct errors or omissions in a previously-filed tax return. While taxpayers will not generally be punished simply for correcting an error in a previous return, errors that resulted in an underpayment of owed tax can sometimes result in penalties or interest owed.
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 0112X
We have a total of four past-year versions of Form DR 0112X 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.