Form Dr 0099 - Colorado Sales And Use Tax Guide (Page 5 of 12) in pdf

Multiple Event License

approval by the department before it can be used. For more

If first day of sales is:

information on spreadsheet filing, refer to the Spreadsheet

Upload Handbook available at the Taxation website. Search

January to June (even years) 2016, 2018

$16

for Sales Tax Spreadsheet Filing.

July to December (even years) 2016, 2018

$12

January to June (odd years) 2017, 2019

Sales Tax Filing Frequencies

July to December (odd years) 2017, 2019

How often you are required to file a sales tax return depends

Note: There is no fee for a special events license for

on your sales volume.

vendors who already have a standard sales tax license.

If sales tax collected is:

Important Colorado Sales Tax License Notes:

•

$15 or less/month – file annually

•

A sales tax license must be displayed in a conspicuous

•

Less than $300/month – file quarterly

place at the physical business location.

•

$300/month or more – file monthly

•

The sales tax license must be renewed every two years

•

Wholesalers file annually.

(except single event licenses).

Sales Tax Return Due Dates

•

An expired or inactive sales tax license is not valid.

Returns must be filed online or postmarked on or before the

•

A sales tax license with an old address or outdated

20th day of the month following the reporting period.

business information is not valid.

Monthly returns are due the 20th day of the month following

•

Changes to a site location must be made on the form

the reporting month.

DR 1102 or through direct communication with the

department.

Quarterly Returns:

January - March due April 20

•

Changes in type of ownership must be updated through

April - June due July 20

direct communication with the department.

July - September due October 20

•

Renewal notices are sent out by the department, but it is

October - December due January 20

the responsibility of the business to renew.

Annual returns are due January 20.

Sales Tax Filing and Payment Information

Note: If the 20th is a weekend or holiday, the return is due

Sales Tax

the next business day. -

Filing Sales Tax Returns

For more information, refer to FYI General 15: Colorado

Sales tax returns can be filed online through Revenue

Department of Revenue Tax Due Dates.

Online. Before you can file, you must first get access.Use

Sales Tax Payments

Colorado.gov/RevenueOnline and sign up to get access,

Payments can be made electronically through Revenue

file, pay and manage your sales tax account.

Online by eCheck, credit card or by Electronic Funds Transfer

If you cannot file online, you will need to complete and send

(EFT). If you cannot pay electronically, you can mail your

in the form DR 0100: Colorado Retail Sales Tax Return.

check with your return.

Refer to the form instructions for assistance with filing.

•

There is a fee for online tax payments by eCheck or

Effective January 1, 2018 all filing methods will require

credit card.

reporting and payment rounded to the penny.

•

There is no fee to pay by EFT, however, you must pre-

No Taxes Due?

You must file a sales tax return every period, even if no tax

Online account or by completing and sending in the form

has been collected or no tax is due. Failure to file will result in

DR 5785: Authorization for Electronic Funds Transfer

estimated tax bills. If you do not file the required returns, the

(EFT) Payments.

department will close your account and your sales tax license

will no longer be valid. Zero returns can be filed online.

For more information on EFT, refer to the form DR 5782:

Colorado

Department

Revenue

Electronic

Funds

Any license account, exclusive of wholesale accounts, that

Transferred (EFT) Program for Tax Payments.

shows no sales tax remitted for any period of 12 consecutive

EFT Filing Requirement

months will be closed automatically by the department. Such

If the liability for state sales tax for the previous calendar

inactivity is considered evidence that the licensee is not in

year was more than $75,000, sales tax account holders

the business of selling at retail.

are required to remit payment by EFT for all state and state

XML and Spreadsheet Filing

collected local taxes.

Sales tax filers with two or more sites (locations) may file by

Special Events

Extensible Markup Language (XML) or Excel spreadsheet.

A list of XML approved software vendors is available on

Filing Special Event Sales Tax Returns

the web site Colorado.gov/Tax under Software Developers-

Special event sales tax returns can be filed online. You do not

Sales Tax XML. Use of the department’s pre-approved XML

need to have a Revenue Online account to file your special

software does not require individual approval. For the Excel

event sales tax return online.

spreadsheet, there is a template and handbook on the

If you cannot file online, you will need to complete and send

website. Use of the Excel spreadsheet requires individual

in the form DR 0098: Special Sales Event Sales Tax Return.

Refer to the form instructions for assistance with filing.

Colorado Sales and Use Tax Guide: Colorado.gov/Tax

Page 5

Form Dr 0099 - Colorado Sales And Use Tax Guide Page 5

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