Questions tagged [colorado]
Use this tag for questions related to rules and experiences specific to the State of Colorado in the United States.
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What are the tax implications of having a rent-free lodger
First, this is all for a piece of fiction I am writing and takes place in summertime Colorado, not far outside Denver.
A young woman (eighteen) has been kicked out of her parents house after her ...
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Can the Zelle notes be enough of a written statement when returning a portion of the security deposit for Colorado Statute 38-12-103.?
Can the Zelle notes be enough of a written statement when returning a portion of the security deposit for Colorado Statute 38-12-103.
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Are Colorado TABOR refunds taxable as federal income, if a state sales tax deduction was taken previously?
Colorado has a law called TABOR that, in years when the state government has more revenue than predicted, allows every taxpayer to claim a refund. This is done with a line item on the state income ...
- 6,991
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Are Colorado Cash Back payments taxable as federal income?
In 2022, the state of Colorado issued a special $750 "tax refund" payment, popularly called "Colorado Cash Back", to every taxpayer in the state (pursuant to SB 22-233). It was ...
- 6,991
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Capital gains exemption on home sale
I am under the understanding that the capital gains exemption on a primary residence applies to gains only and not the total sale price of the house however I am in the process of signing paperwork ...
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How do I fill out the DR 0104x Amended Colorado Individual Income tax return form?
I want to amend my state taxes because I forgot to claim an EV tax credit, which I see is box number 24 on the form. Should I just fill that part out since that's the only change to my taxes? Or ...
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Colorado income tax voluntary contributions: how do you get a receipt?
When filing a Colorado individual income tax return, one has the option to donate some or all of your refund to a charitable fund chosen from a list: Form DR 0104CH. (It is also possible to write in ...
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Does Colorado reconcile sales tax on goods that were bought and exchanged in different sales tax jurisdictions?
I recently bought an item that was on sale for $300 from a nationwide retailer's website and was charged roughly 5% sales tax on the purchase. I'm not really sure where this number came from as the ...
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Is property with a transfer-on-death deed on it part of "the estate"?
My parents, in Colorado, would like my sister and I to be able to avoid probate when they pass away. They have a home (mortgage still in the process of being paid off) but not much in the way of other ...
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In the United States, what is the cheapest legal way to get rid of a wrecked car?
My wreck of a car might get towed away, and is posing other financial risks to me. What is the cheapest legal way to get rid of the car?
Further details:
I took out a loan in order to buy a car, and ...
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Tenant disputing security deposit deductions can I add additional deductions?
Our tenant resided in the unit for 2 years and we took over managing it as the property manager was doing a poor job. Using the move in report from the previous manager we calculated deductions and ...
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Is an inspection contingency with "no money back" wasted verbiage?
We are the sellers. Our contract explicitly states 2 things:
The Buyers can back out based on the inspection and receive earnest money back.
Sellers will not provide money back at closing, or make ...
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How do I determine US state residency and income source for income tax filing?
This year I have a somewhat tricky situation for state income tax filing (US). I am a professor at a university in Colorado, but I'm spending the academic year in Connecticut on sabbatical leave, ...
- 6,991
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HSA over-contribution if I lose my job part way through the year
My employer provides my health insurance as part of my compensation and benefits package. It is a qualifying HDHP and as such every year I generally max out my HSA, either through payroll deductions ...
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State Income tax when splitting a day between states (in the USA)
First of all, I realize that when traveling to another state for employment it is commonplace to owe taxes in that state for the work performed+sourced in that state.
Example: you work/live in ...
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