Form 104pn - Part-Year Resident/nonresident Tax Calculation Schedule - 2001
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FORM 104PN
PART-YEAR RESIDENT/NONRESIDENT TAX CALCULATION SCHEDULE 2001
Taxpayer's Name
Social Security Number
(a) Taxpayer is (check one):
Full-Year Resident;
Full-Year Nonresident;
Part-Year Resident from ________ /01 to ______ /01.
(b) Spouse is (check one):
Full-Year Resident;
Full-Year Nonresident;
Part-Year Resident from ________ /01 to ______ /01.
HOW THIS FORM WORKS. A detailed explanation and ex-
STEP TWO. COMPLETE THE FEDERAL COLUMN. Complete
amples of the part-year resident and nonresident form and laws are
lines A through J of the federal column using the information from
available in publication FYI Income 6. Use this form if you and/or
your 2001 federal income tax return. Line H will be the same as line
your spouse are a part-year resident or a nonresident of Colorado.
22 of your federal Form 1040, line 15 of your federal Form 1040A, or
It will determine what percentage of your income was earned in
line 4 of your federal Form 1040EZ. Line I will be the same as line 32
Colorado or was earned while you were a Colorado resident. Since
of your federal Form 1040 or line 18 of your federal Form 1040A. Line
the tax amount you get from the tax table is calculated on your total
J will be the same as line 33 of your federal Form 1040, line 19 of your
income for the year including income not taxable by Colorado, this
federal Form 1040A, or line 4 of your federal Form 1040EZ. Enter on
percentage will reduce the tax amount so you are only taxed on your
line K the total amounts you entered on lines 3, 4, and 5 (excluding any
Colorado source income. Simply follow the four steps on the front
charitable contribution adjustment) of your Colorado Form 104.
and back of this form.
Enter on line M the amount you entered on line 7, 8, 9, 10, 11, 12, 13,
14, 17 and 18 of your Colorado Form 104.
STEP ONE. Check the part-year resident/nonresident box at the
top of Form 104. Complete lines 1 through 20 of Form 104. Using
Note: Your federal itemized deductions, standard deduction, and
the Colorado taxable income on line 20 of Form 104, find the tax
personal deduction are not entered on this form since you are
from the tax tables. Enter that tax on line P of Form 104PN.
calculating only the percentage of income taxable by Colorado.
The federal taxable income on line 1 of Form 104 already gives you
the benefit of these deductions.
(Steps three and four on reverse side)
ROUND ALL DOLLAR AMOUNTS TO THE NEAREST DOLLAR
FEDERAL COLUMN
COLORADO COLUMN
.00
.00
A.
Wages, salaries, tips, etc. ................................................................. A.
.00
.00
B.
Interest and dividends ....................................................................... B.
.00
.00
C.
Business and/or farm income or (loss) .............................................. C.
.00
.00
D.
Gains or (losses) from the sale or exchange of assets ..................... D.
.00
.00
E.
Taxable IRA, pension and annuities, social security .......................... E.
F.
Federal Schedule E income (rents, royalties, partnerships,
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.00
estates, trusts, etc). ............................................................................ F.
.00
.00
G.
Other income, list .............................................................................. G.
.00
.00
H.
Total income, add lines A through G ................................................. H.
I.
Federal adjustments, list .......................................................................
.00
.00
............................................................................................................. I.
.00
.00
J.
Adjusted gross income, line H minus line I ......................................... J.
.00
.00
K.
Additions to federal adjusted gross income ....................................... K.
.00
.00
L.
Total of lines J and K .......................................................................... L.
.00
.00
M. Subtractions from federal adjusted gross income ............................. M.
.00
.00
N.
Modified adjusted gross income, line L minus line M ........................ N.
%
O.
Amount on line N, Colorado column, divided by amount on line N, federal column ............... O.
.00
P.
Tax from tax table based on income reported on Form 104, line 20 ..................................... P.
Q.
Apportioned tax, amount on line P multiplied by the percentage on line O. Enter here and on
.00
line 21, Form 104 ................................................................................................................... Q.
ATTACH THIS FORM TO YOUR COMPLETED INCOME TAX RETURN, FORM 104
See FYI Income 6 for additional information on this form.
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