(0042)
(1 2015 Overpayment Applied)
(1 Estimated 2016 Colorado taxable income)
(1 Net Amount Due)
(1 Payment Due)
(2 2015 Overpayment Applied)
(2 Estimated 2016 Colorado income tax 4 63% of line 1)
(2 Net Amount Due)
(2 Payment Due)
(3 2015 Overpayment Applied)
(3 Estimated 2016 Form 106CR credits)
(3 Net Amount Due)
(3 Payment Due)
(4 2015 Overpayment Applied)
(4 Net Amount Due)
(4 Net estimated tax line 2 minus line 3)
(4 Payment Due)
(Address)
(Amount of Payment)
(Beginning (MM/DD/2015))
(City)
(Colorado Account Number)
(Due Date (MM/DD/YY))
(Ending (MM/DD/YYYY))
(FEIN)
(Name of Organization)
(State)
(Zip)
*160106EP19999*
*DO=NOT=SEND*
*The net Colorado tax liability is defined as the sum of
1 Estimated 2016 Colorado taxable income $
110% of the preceding year s net Colorado tax
2 Estimated 2016 Colorado income tax 4 63% of line 1 $
2016 Colorado CompositeNonresident Estimated Tax
3 Estimated 2016 Form 106CR credits $
303 238 SERV (7378) for assistance
4 Net estimated tax line 2 minus line 3 $
70% of the actual net Colorado tax liability *
80261 0008 Write your Colorado Account Number and 2016 Form 0106EP on your check or money order Do not
Additional information FYI Publications and forms are
Address
after subtracting any withholding or refundable credits
Amount of Payment
April 18
available at www TaxColorado com or you can call
b 100% of the preceding year s net Colorado tax
bank account may be debited as early as the same day received by the State If converted your check will not be returned If your check is rejected
be made for any reason
Beginning (MM/DD/2016)
Calculating the Payment
City State
COLORADO DEPARTMENT OF REVENUE
Colorado income tax return form and instructions for help
Colorado return
Colorado return and the federal adjusted gross
Colorado source income This is intended for nonresident
Colorado tax alternative minimum tax and the recapture
composite as a whole
Composite Nonresident Return Estimated Income Tax
Denver CO 80261 0008
Departmental Use Only
determining taxable income Submit payments according
DR 0106EP (05/28/15)
DR 0106EP (06/02/15)
Due Date (MM/DD/YY)
due to insufficient or uncollected funds the Department of Revenue may collect the payment amount directly from your bank account electronically
EFT payments can be made safely and for free and can be
Ending (MM/DD/YYYY)
estimated tax
Estimated Tax Composite Nonresident Worksheet
Estimated tax is the method used to pay tax on income
Estimated tax payments can only be claimed as
Failure to timely remit estimated tax as necessary will
for registration information
For the calendar year 2016 or the fiscal year:
four quarterly payments if an electronic payment cannot
General Rule
Go Green with Revenue Online
If No Payment Is Due Do Not File This Form The State may convert your check to a one time electronic banking transaction Your
in any manner until such time that the Colorado income
In most cases you will pay estimated tax if an individual
included in the composite (if not excluded by the general
included in the composite Reference the previous year
income on that return was $150 000 or less (or if
individual included in the composite return and not as the
individuals who are included in a form 106 composite filing
information available at www TaxColorado com
Instructions
It is strongly recommended that these payments be
January 15 2017
June 15
liability This amount only applies if the preceding
liability This rule only applies if the preceding year
make payments and monitor their accounts Form 106EP is not
March 1 Otherwise penalty will be calculated for each
married filing separately $75 000 or less)
missed or late payment For calculation specifics or to
Name of Organization FEIN Colorado Account Number
of estimated tax owed for each nonresident individual
of prior year credits minus the sum of all credits other than
online payments
partner expects to owe more than $1 000 in tax for 2016
Pay by Electronic Funds Transfer (EFT)
Payment Form
Payment Number Net Amount Due 2015 Overpayment Applied Payment Due Due Dates
payments can be made Visit www Colorado gov/revenue/eft
Penalties
Please be advised that a nominal processing fee may apply to
prepayment credit on the 2016 Colorado income tax
Refunds
remit this penalty before being billed see Form 204
required if an electronic payment is remitted through this site
Required Payments
residents of Colorado (nonresidents) must pay tax on any
result in an Estimated Tax Penalty Exceptions will be given
Return the DR 0106EP with check or money order payable to the Colorado Department of Revenue Denver Colorado
return Therefore estimated payments cannot be refunded
Round to the nearest dollar
rule) is the smaller of:
scheduled up to 12 months ahead of time to avoid forgetting
See publications FYI Income 51 and Income 54 for more
send cash Enclose but do not staple or attach your payment with this form File only if you are making a payment of
September 15
submitted electronically to avoid problems and delays
tax return is filed
that is not subject to withholding Individuals who are not
The required annual amount to be paid by each individual
The single form can be copied and used for each of the
they might have This rule must be calculated for each
to farmers or fishermen who file and remit full payment by
to make a payment This requires pre registration before
to the due date table provided
Use the provided Worksheet to calculate the amount
was a 12 month tax year the individual filed a
withholding and/or estimated tax credits
www Colorado gov/RevenueOnline allows taxpayers to file taxes
www TaxColorado com
year was a 12 month year and the individual filed a