Colorado 1099 Filing
Requirements 2024
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Colorado 1099 Filing Criteria
The State of Colorado mandates 1099 filing based on the amount of state taxes withheld and the total payments you made.
| Colorado State Required 1099 Forms | Form 1099 NEC |
Other 1099 Forms
(Form 1099-MISC, K, INT DIV, R B, G, OID, W-2G) |
|---|---|---|
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Criteria 1 If there is Colorado state tax withheld |
Payment Threshold: More then $0 Filing Method: Direct State Filing Additional Form: Transmittal Form DR 1106 (for 1099) Deadline: January 31, 2025 Pricing: 1099 State filing- $0.70/form |
Payment Threshold: More then $0 Filing Method: Direct State Filing Additional Form: Transmittal Form DR 1106 (for 1099) Reconciliation Form DR 1101 (for W-2G) Deadline: March 31, 2025 Pricing: 1099 State filing- $0.70/form |
|
Criteria 2 If there is no Colorado state tax withheld |
Payment Threshold: Follows Federal Threshold Filing Method: CF/SF program Additional Form: Not Required Deadline: January 31, 2025 Pricing: 11099 State filing- Free |
Payment Threshold: Follows Federal Threshold Filing Method: CF/SF program Additional Form: Not Required Deadline: January 31, 2025 Pricing: 1099 State filing- Free |
Ready to start 1099 E-filing with Colorado?
Information Required to File 1099 Forms with Colorado
Discover the key information needed to file Form 1099 with the State of Colorado
1. State/Payer’s state number
The payer's state identification number refers to the Colorado Withholding Tax Account Number.
Colorado State ID Format: 8 digits (Eg: 99999999)
2. Colorado state income
The total amount of taxable income that is subject to Colorado state income tax.
3. Colorado state tax withheld
The total amount of state income taxes withheld from the recipient's income.
If you’ve withheld any Colorado taxes, you must file Reconciliation Form DR 1106.
E-file 1099s to the State of Colorado in minutes with TaxBandits!
Annual Transmittal of State 1099 Forms – Form DR 110
Form DR 1106 is an Annual Transmittal form used to report the total income taxes withheld from employees/contractors and taxes remitted to the state.
It is filed annually to ensure compliance with Coloroda’s withholding tax requirements.
Information Reported on Form DR 1106:
- Total Colorado income tax withheld per 1099s.
- Total Colorado income taxes withheld and paid during tax year.
- Additional balance paid.
- Information regarding penalty, interest, balance due and overpayment.
TaxBandits doesn't support filing 'Form DR 1106' with the state. The payer must file the form directly with the state before the deadline.
E-file 1099 with Colorado state in minutes using TaxBandits!
TaxBandits – Simplifying Colorado State 1099 Compliance
TaxBandits supports the e-filing of 1099 forms directly with the Colorado Department of Revenue, ensuring compliance with state regulations.
Lowest Pricing
TaxBandits provides you with the most budget-friendly option to file Colorado 1099 forms, saving you time and money.
State Filing Guidance
TaxBandits provides step-by-step instructions to effortlessly complete the state 1099 e-filing process from start to end.
State Form PDFs
Quickly access and download Colorado 1099 form PDFs for corrections or to keep your records up to date.
Free Resubmissions
If the Colorado Department of Revenue rejects your 1099 forms, you can correct the errors and resubmit them at no cost.
Create a TaxBandits account to start filing your Colorado 1099 returns!
How Is Form 1099 Filed with the State of Colorado?
Create your free account and follow these simple steps to effortlessly e-file your 1099 returns with the IRS and State of Colorado!
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Step 1: Choose Form 1099
Select the type of 1099 form you want to file.
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Step 2: Enter Form 1099 details
Complete the form using manual entry or other bulk import options. Ensure you complete the state-specific fields.
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Step 3:
Enter State Filing Information
Provide the required Colorado state details for Form 1099.
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Step 4:
Choose Distribution Options
Opt for our distribution services – Postal Mailing, Online Access, or BanditComplete.
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Step 5: Review and Transmit
Review your form and transmit it to the IRS and state agencies.
Start e-filing your 1099 Forms with Colorado today—TaxBandits makes it quick and easy!
Frequently Asked Questions
Does Colorado require 1099 filing?
Yes, the Colorado Department of Revenue mandates the filing of 1099 Forms.
- You must file 1099 Forms directly with the state if there is any state tax withholding.
- If there is no state tax withholding, the IRS will automatically forward your federal 1099 forms to the state agency since Colorado is part of the CF/SF program.
Is there a payment threshold for Form 1099 with Colorado?
There is no specific threshold for reporting 1099s with the state of Colorado. Instead, the reporting requirements align with the federal guidelines. The payer should assess and file a Form 1099 based on the applicable federal threshold for each specific form.
| Forms | Threshold |
|---|---|
| Form 1099-NEC | $600 |
| Form 1099-MISC | $600 |
| Form 1099-K | $5000 |
| Form 1099-INT |
$10 for the amount reported on Boxes 1, 3, or 8 (or at least $600 of interest paid for trade or business) |
| Form 1099-DIV |
|
| Form 1099-R | $10 |
| Form 1099-B | - |
| Form 1099-G | - |
| Form 1099-OID | $10 |
| Form W-2G |
|
What types of 1099 forms does Colorado require?
Colorado requires the filing of the following 1099 forms only if there is state tax withholding:
Does Colorado require additional forms when filing 1099 and W-2G forms?
Yes, Colorado may require the following forms along with your 1099 or W-2G Forms.
- Form DR 1106 (Annual Transmittal of State 1099 Forms) must be filed along with the respective 1099 forms.
- Form DR 1101 (Annual Reconciliation of Income Tax Withheld on Gaming Winnings) must be filed along with the specific W-2G forms.
What is Form DR 1106?
Form DR 1106 is an Annual Transmittal of State 1099 Forms used to report income tax withheld per 1099s and paid during the year.
- When you file your 1099s electronically, you will need to mail Form DR 1106 to the address shown below (only if you have a balance due or overpayment).
- If you file paper copies of W-2G, you must always attach Form DR 1101 before submitting documents.
What is Form DR 1101?
Form DR 1101 is an Annual Reconciliation of Income Tax Withheld on Gaming Winnings used to report income tax withheld per W-2Gs and paid during the year.
- When you file your W-2G electronically, you will need to mail Form DR 1101 to the address shown below (only if you have a balance due or overpayment).
- If you file paper copies of W-2G, you must always attach this form before submitting documents.
How to pay the balance tax due to the State of Colorado?
If a balance is due, it can be made by EFT, through Revenue Online, or by mail.
If mailing a payment, be sure to write the business name, Colorado Account Number (CAN), and form number (DR 1106 Withholding or DR 1101 Withholding) on the check or money order.
If you are requesting a refund, it is preferable that you send in a paper DR 1093 directly to the Department.
When is the Colorado 1099 due?
The due date for filing Form 1099 with Colorado is January 31. If this due date falls on a weekend or federal holiday, the next business day will be the deadline.
For the 2024 tax year, the deadline for filing 1099 Forms with Colorado is January 31, 2025.
What are the requirements to file a 1099 electronically with Colorado?
Payers with 250 or more payees are required to file 1099 electronically. It is also recommended for payers with less than 250 payees for faster processing.
What are the penalties for not filing or filing 1099 late with Colorado?
A penalty of 5% of tax due or $5 (whichever amount is greater) is charged. An additional penalty of 1/2% (.005) is charged for each additional month up to a maximum of 12% of the tax due.
Where should I mail the 1099 corrections form to Colorado?
After filing 1099s, a PDF for state corrections will be available in TaxBandits. Download it and send it to the below mailing address.
Business Tax Section,
Room 208, P.O. Box 17087,
Denver, CO 80217-0087
For more information, click here to learn about Colorado 1099 filing.
