Form DR0173 Retailer's Use Tax Return - Colorado

What Is Form DR0173?

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 DR0173 Retailer's Use Tax Return?A: Form DR0173 is a tax return used by retailers in Colorado to report and remit the use tax they owe on purchases made from out-of-state vendors.

Q: Who needs to file Form DR0173 Retailer's Use Tax Return?A: Retailers in Colorado who have made taxable purchases from out-of-state vendors and owe use tax are required to file Form DR0173.

Q: How often do I need to file Form DR0173 Retailer's Use Tax Return?A: Form DR0173 is filed on a monthly basis. It should be filed by the 20th day of the month following the reporting period.

Q: What information do I need to provide on Form DR0173 Retailer's Use Tax Return?A: On Form DR0173, you will need to provide details about your taxable purchases, including the vendor's name, purchase date, sales price, and the amount of use tax owed.

Q: How do I calculate the use tax on Form DR0173 Retailer's Use Tax Return?A: The use tax is calculated based on the sales price of the taxable purchases made from out-of-state vendors. The use tax rate is the same as the state sales tax rate.

Q: What happens if I don't file Form DR0173 Retailer's Use Tax Return?A: Failure to file Form DR0173 or pay the use tax owed can result in penalties and interest charges imposed by the Colorado Department of Revenue.

Q: Can I claim any exemptions on Form DR0173 Retailer's Use Tax Return?A: Yes, certain exemptions may be claimed on Form DR0173, such as purchases for resale or purchases exempt from use tax under specific circumstances. You should provide the necessary documentation to support your exemption claims.