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Colorado severance tax 2026
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- Click ‘Get Form’ to open the Colorado Severance Tax form (DR 0021) in the editor.
- Begin by entering your personal information, including your name, Social Security Number (SSN), and Colorado Account Number. If filing jointly, include your spouse's details.
- Complete the 'Severance Tax Withheld' section by adding the total from all your oil and gas withholding statements (DR 0021W). Ensure you attach these forms for accurate processing.
- Fill out the DR 0021D schedule to calculate your severance tax. Report gross income, ad valorem taxes, and any applicable credits. This schedule must be included with your main return.
- Review all entries for accuracy before submitting. Ensure that you sign the return and include any necessary payments if applicable.
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