Form DR1490 "Local Marketing District Tax Return" - Colorado

What Is Form DR1490?

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.

Form Details:

  • Released on June 17, 2015;
  • The latest edition provided by the Colorado Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form DR1490 by clicking the link below or browse more documents and templates provided by the Colorado Department of Revenue.

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Download Form DR1490 "Local Marketing District Tax Return" - Colorado

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DR 1490 (06/17/15)
*DO=NOT=SEND*
COLORADO DEPARTMENT OF REVENUE
Denver CO 80261-0013
(303) 238-SERV (7378)
www.TaxColorado.com
Local Marketing District Tax Return
General Instructions
Filing an Amended Return?
If you are filing an amended return, check the amended return
Who Must File
box. A separate amended return must be filed for each period.
Lodging owners or their management companies, who lease or
The amended return must show all lines as corrected, not merely
rent rooms and accommodations for less than 30 days, must
the difference(s). The amended return replaces the original in its
collect and remit the local marketing district tax. Local marketing
entirety.
tax applies to hotels, motels, condominiums and camping spaces,
For additional Local Marketing Tax Information, refer to FYI Sales 11.
and in some areas houses, guest ranches and mobile homes.
Specific Instructions
When to File
Returns are filed with the same filing frequency and due date as
Line 1
Sales of Lodging Services—Enter the gross sales
the Sales Tax Return, DR 0100, and must be postmarked by the
of lodging services. If no sales were made during the
20th day of the month, following each reporting period. A return
reporting period, enter zero.
must be filed even if no tax is due.
Line 2
Tax—Multiply the amount on line 1 by the local marketing
district tax rate. Tax rates can be found in the Colorado
Monthly
Sales/Use Tax Rates, DR 1002.
Period
Due
Line 3
Penalty—If this return and remittance is postmarked
January
February 20
after the due date, a penalty of 10% plus 1/2 % per
February
March20
month (not to exceed 18%) is due. Multiply the tax on line
March
April 20
2 by the applicable percentage to determine penalty.
April
May 20
Line 4
Interest—If this return and remittance is postmarked
May
June 20
after the due date, interest is due at the prime rate,
June
July 20
effective July 1 of the previous year. Interest rates can be
July
August 20
found in FYI General 11. Multiply the tax on line 2 by the
August
September 20
applicable interest rate to determine interest.
September
October 20
Line 5
Amount Owed—Add lines 2, 3 and 4. This is the amount
October
November 20
due with your return.
November
December 20
Payment Information
December
January 20
Send a separate check with each return submitted. Include the
Quarterly
account number on your check to ensure proper credit.
Period
Due
When you are finished…
January-March
April 20
April-June
July 20
Sign and date the return and mail it with your payment to:
July-September
October 20
Colorado Department of Revenue
October-December
January 20
Denver, CO 80261-0013
Annually
Retain a copy of this return for your records.
Period
Due
January-December
January 20
DR 1490 (06/17/15)
*DO=NOT=SEND*
COLORADO DEPARTMENT OF REVENUE
Denver CO 80261-0013
(303) 238-SERV (7378)
www.TaxColorado.com
Local Marketing District Tax Return
General Instructions
Filing an Amended Return?
If you are filing an amended return, check the amended return
Who Must File
box. A separate amended return must be filed for each period.
Lodging owners or their management companies, who lease or
The amended return must show all lines as corrected, not merely
rent rooms and accommodations for less than 30 days, must
the difference(s). The amended return replaces the original in its
collect and remit the local marketing district tax. Local marketing
entirety.
tax applies to hotels, motels, condominiums and camping spaces,
For additional Local Marketing Tax Information, refer to FYI Sales 11.
and in some areas houses, guest ranches and mobile homes.
Specific Instructions
When to File
Returns are filed with the same filing frequency and due date as
Line 1
Sales of Lodging Services—Enter the gross sales
the Sales Tax Return, DR 0100, and must be postmarked by the
of lodging services. If no sales were made during the
20th day of the month, following each reporting period. A return
reporting period, enter zero.
must be filed even if no tax is due.
Line 2
Tax—Multiply the amount on line 1 by the local marketing
district tax rate. Tax rates can be found in the Colorado
Monthly
Sales/Use Tax Rates, DR 1002.
Period
Due
Line 3
Penalty—If this return and remittance is postmarked
January
February 20
after the due date, a penalty of 10% plus 1/2 % per
February
March20
month (not to exceed 18%) is due. Multiply the tax on line
March
April 20
2 by the applicable percentage to determine penalty.
April
May 20
Line 4
Interest—If this return and remittance is postmarked
May
June 20
after the due date, interest is due at the prime rate,
June
July 20
effective July 1 of the previous year. Interest rates can be
July
August 20
found in FYI General 11. Multiply the tax on line 2 by the
August
September 20
applicable interest rate to determine interest.
September
October 20
Line 5
Amount Owed—Add lines 2, 3 and 4. This is the amount
October
November 20
due with your return.
November
December 20
Payment Information
December
January 20
Send a separate check with each return submitted. Include the
Quarterly
account number on your check to ensure proper credit.
Period
Due
When you are finished…
January-March
April 20
April-June
July 20
Sign and date the return and mail it with your payment to:
July-September
October 20
Colorado Department of Revenue
October-December
January 20
Denver, CO 80261-0013
Annually
Retain a copy of this return for your records.
Period
Due
January-December
January 20
DR 1490 (06/17/15)
*151490==19999*
COLORADO DEPARTMENT OF REVENUE
Denver CO 80261-0013
(303) 238-SERV (7378)
www.TaxColorado.com
Local Marketing District Tax Return
Check here if this is an Amended Return
0610-100
Colorado Account Number
Period
Due Date
Industry Code
Location/Juris Code
(MM/YY – MM/YY)
(MM/DD/YY)
SSN 1
SSN 2
FEIN
Last Name
First Name
Middle Initial
Street Address
City
State
ZIP
1. Sales of Lodging Services
(890)
00
2. Tax Line 1 x
(100)
00
3. Penalty Line 2 x .10
(200)
00
4. Interest Line 2 x
(300)
00
5. Amount Owed
(355) $
.00
The State may convert your check to a one time electronic banking transaction. Your 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 due to insufficient or uncollected funds, the Department of Revenue may collect the payment amount directly from your bank account
electronically.
Signed Under Penalty of Perjury in The Second Degree
Signature
Date
Phone
(MM/DD/YY)
(
)
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