Home
Forms Library
Colorado severance tax forms

Colorado severance tax 2025

colorado severance tax forms Preview on Page 1

See details

4.2 out of 5

102 votes

The document is the 2020 Colorado Severance Tax Booklet, which provides detailed information on the severance tax imposed on nonrenewable natural resources, specifically oil and gas production in Colorado. It includes instructions for filing the severance tax return (DR 0021), computation schedule (DR 0021D), and application for extension (DR 0021S). The booklet outlines who must file, exceptions, withholding requirements, filing periods, due dates, penalties for late filing, and common errors to avoid. It also explains the process for amending returns and making estimated payments.

Here's how it works

01. Edit your colorado severance tax forms online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send co severance tax return via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Colorado Severance Tax with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

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 totals from all DR 0021W forms you received. Ensure to round amounts to the nearest dollar.
Fill out the DR 0021D schedule first to calculate your severance tax based on gross income and applicable credits. Include this schedule with your main form.
Review all entries for accuracy, ensuring that you have included all necessary documentation before submitting your return.

Start using our platform today for free to streamline your Colorado Severance Tax filing process!

See more colorado severance tax versions

We've got more versions of the colorado severance tax form. Select the right colorado severance tax version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.7 Satisfied (26 Votes)
2022	4.3 Satisfied (40 Votes)
2021	4.8 Satisfied (48 Votes)
2020	4.2 Satisfied (102 Votes)
2019	4.4 Satisfied (135 Votes)
2018	4.4 Satisfied (239 Votes)
2015	4.4 Satisfied (360 Votes)
2014	4 Satisfied (31 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much is $100,000 taxed in Colorado?

If you make $100,000 a year living in the region of Colorado, USA, you will be taxed $26,786. That means that your net pay will be $73,214 per year, or $6,101 per month.

Does getting laid off affect taxes?

In California, severance pay is not considered wages, so it is taxed at a higher rate. The worker may need both to make up for a loss in income, as well as the relatively low amount unemployment insurance pays compared to regular payroll.

Is it better to take a lump sum severance?

Losing your job often means you have a lower income during the year, which can not only lower your taxes, it may even allow you to qualify for the Earned Income Tax Credit (EITC).

How much of severance pay is taxed?

Is Severance Pay Taxable in California? California levies a standard deduction of 6% on severance packages. If this amount is not withheld, you will have to make estimated payments.

How much is severance taxed in Colorado?

The minimum combined 2025 sales tax rate for Severance, Colorado is 5.9%. This is the total of state, county, and city sales tax rates. The Colorado sales tax rate is currently 2.9%. The Severance sales tax rate is 3.0%.

colorado severance tax

Colorado severance tax oil and gas Colorado severance tax return Colorado severance tax calculator Colorado Severance Tax return due date Colorado severance tax exemptions Colorado severance tax 2022 Severance taxes by state Severance pay tax calculator

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

Are you taxed on severance pay?

Is severance pay taxable? Yes, severance pay is taxable in the year that you receive it. Your employer will include this amount on your Form W-2 and will withhold appropriate federal and state taxes. See Publication 525, Taxable and Nontaxable Income, for additional information.

What is the severance tax rate for oil and gas in Colorado?

The Colorado oil and natural gas severance tax rate is 2 to 5 percent on a graduated scale. Ad Valorem (Property) Tax: Oil and natural gas is property is assessed at 87.5 percent, then individual county mill levies are applied.

Colorado severance tax 2025

Here's how it works

How to use or fill out Colorado Severance Tax with our platform

See more colorado severance tax versions

Complete this form in 5 minutes or less

Got questions?

How much is $100,000 taxed in Colorado?

Does getting laid off affect taxes?

Is it better to take a lump sum severance?

How much of severance pay is taxed?

How much is severance taxed in Colorado?

Complete this form in 5 minutes or less

People also ask

Are you taxed on severance pay?

What is the severance tax rate for oil and gas in Colorado?

colorado severance tax oil and gas

Try more PDF tools