Form DR1316 Colorado Source Capital Gain Affidavit - Colorado

What Is Form DR1316?

This is a legal form that was released by the Colorado Department of Revenue - a government authority operating within Colorado. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form DR1316?A: Form DR1316 is the Colorado Source Capital Gain Affidavit.

Q: What is the purpose of Form DR1316?A: The purpose of Form DR1316 is to report and pay the Colorado source capital gain tax.

Q: Who needs to file Form DR1316?A: Anyone who has realized a Colorado source capital gain during the tax year needs to file Form DR1316.

Q: Is there a deadline for filing Form DR1316?A: Yes, Form DR1316 must be filed by April 15th of the following year.

Q: Are there any exceptions to filing Form DR1316?A: Yes, there are some exceptions. Check the instructions for Form DR1316 to see if you qualify.

Q: What do I need to include with Form DR1316?A: You need to include a copy of your federal tax return, Schedule D, and any other supporting documentation.

Q: Can I file Form DR1316 electronically?A: Yes, you can file Form DR1316 electronically if you meet certain criteria.

Q: What happens if I don't file Form DR1316?A: If you don't file Form DR1316, you may be subject to penalties and interest.