Form Dr 0205 - Computation Of Penalty Due Based On Underpayment Of Colorado Corporate Estimated Tax - 2013

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*130205==19999*
DR 0205 (07/30/13)
COLORADO DEPARTMENT OF REVENUE
Denver CO 80261-0006
2013
Computation of Penalty Due Based on
Underpayment of Colorado Corporate Estimated Tax
Corporation Name
Colorado Account Number
Part 1 — Exception
1. Enter the 2013 tax liability including any credit recapture after reduction for all credits other
than estimated tax and withholding tax payments and credits
$
2. Statutory exemption
$
5,000.00
3. Line 1 minus line 2. If line 2 is larger, enter zero and no penalty is due
$
Part 2 — Required Annual Payment
4. Enter the 2013 tax liability (including any credit recapture) after reduction for all credits other
than estimated tax and withholding tax payments and credits
$
5. Enter 70% of the amount on line 4
$
6. Enter the 2012 Colorado tax liability (including any credit recapture) after reduction for all credits
other than estimated tax and withholding tax payments and credits. If you did not file a 2012
Colorado return, enter the amount from line 5 here and on line 7.
$
7. Required payment. Enter the smaller of lines 5 or 6
$
8. Does the taxpayer qualify as a large corporation under section 6655 of the federal IRS code?
Yes
No
If yes, go to line 9. If no, skip to line 10.
9. (a) Enter 25% of line 5
$
(b) Enter 25% of line 6
$
(c) Line 9(a) minus line 9(b). If line 9(b) is larger, enter 0
Enter the smaller of lines 9(a) or 9(b) on line 11 in column 1.
Enter the total of lines 9(a) and 9(c) on line 11 in column 2.
Enter the amount from line 9(a) on line 11 in columns 3 and 4.
$

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