Colorado: 1099 State Filing Requirements
2.3k views |
Last modified 10/18/2022 2:11:21 AM EST |
Added by TaxBandits Team
The Colorado Department of Revenue mandates the filing of the 1099 Forms only if there is a state tax withholding. TaxBandits supports the filing of Form 1099 with both the Federal and State of Colorado.
What to be filed
The filing due date for the Form 1099s and DR-1106 is January 31.
A penalty of 5% of the tax due or $5 (whichever amount is greater) is charged. An additional penalty of 1/2% (.005) is charged for each additional month up to a maximum of 12% of the tax due.
Colorado Department of Revenue,