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Severance tax form 2026
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- Click ‘Get Form’ to open the Colorado Severance Tax Form (DR 0021) in our platform.
- Begin by entering your personal information, including your name, Social Security number, and address. Ensure accuracy as this information is crucial for processing.
- Complete the 'Tax and Credit' section by first filling out the DR 0021D schedule to calculate your severance tax. Attach this schedule to your main form.
- In the 'Severance Tax Withheld' section, enter the total from all DR 0021W forms you received. This is essential for determining any credits.
- Review all entries carefully before signing. If filing jointly, ensure both parties sign the return.
- Once completed, save your document and utilize our editor's features to send it directly to the Colorado Department of Revenue.
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Related links
May 2, 2017 Severance payments are wages subject to social security and Medicare taxes. As noted in section 15 of Pub. 15 (Circular E), severance payments.Read more
(C) A taxpayer must file a return and make a payment electronically beginning with the return for the severance of natural resources occurring in calendarRead more