Colorado DOR to Paper Filers: Beware!
- Sales Tax News
- Oct 24, 2014 | Gail Cole
In keeping with the season, the Colorado Department of Revenue has issued a somewhat scary warning to business taxpayers who still file Colorado tax returns on paper: Beware.
The warning should be heeded. It reads (in bold):
“Starting now, if you continue to use outdated Colorado business tax forms, the Department of Revenue will not process these forms, which may result in a late filing penalty and loss of the vendor/service fee (timely filing discount).”
Not only must the latest version be used, it must be completed in black ink. The department is switching over to a new imaging system and other ink colors aren’t recognized.
If this sends chills up your spine, it should.
Correct forms are:
- Mailed to you by the department, for the specific filing period. OR
- Downloaded at the time you file a return from www.TaxColorado.com. Do not modify downloaded forms in any way.
- Are 8 ½ x 11 and have a barcode that automates and facilitates processing.
Incorrect forms are:
- In the “old coupon booklet” (disallowed since January 1, 2014).
- Old forms copied and whited out.
- Photocopied forms and faxed forms.
Read the whole, chilling tale here.
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