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The entirety of a resident individuals income is subject to Colorado income tax, regardless of whether the income was derived from sources inside or outside of Colorado.
A part-year resident of Colorado is anyone who moved into the state with the intention of making his/her home there or a Colorado resident who moved out of Colorado with the intention of making his/her home elsewhere any time during the tax year. Form 104PN is used for e-filing Part-Year Residents.
To claim your Tabor Refund, if you have less than $25,000 in income, file the DR0104EZ by April 15, 2024 to claim the refund. You can get copies of the form at .
Colorados state tax rate is 4.40 percent for the 2023 tax year. Taxpayers who are 65 and older as of Dec. 31of the tax year can subtract either $24,000 or their taxable pension/annuity income (including Social Security benefits), whichever is smaller, from their federal taxable income.
Download the DR 0104 form from the official Colorado Department of Revenue website. Start by entering your personal information, such as your name, address, and social security number, in the designated fields.
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Tax.Colorado.gov. Page 1 of 2. 2022 DR 0104AD Subtractions from Income Schedule. If claiming a subtraction and filing by paper, you must submit this schedule with your return. Use this schedule to report any subtractions from your Federal Taxable Income.
Qualifications. Colorado allows a pension/annuity subtraction for: Taxpayers who are at least 55 years of age as of the last day of the tax year. Beneficiaries of any age (such as a widowed spouse or orphan child) who are receiving a pension or annuity because of the death of the person who earned the pension.
Use this schedule to report any subtractions from your Federal Taxable Income. These subtractions will change your Colorado Taxable Income from the amount of Federal Taxable Income. See instructions in the income tax booklet for additional guidance on completing this schedule. Do not enter negative amounts.

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