Get the free Tax Year Ending Computation of Penalty Due Based ... - Colorado.gov - colorado
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0018DR 0108 (08/01/16)
COLORADO DEPARTMENT OF REVENUE
Denver, CO 802610008
www.TaxColorado.com×17010819999×2017 Statement of Colorado Tax Remittance
for Nonresident Partner, Shareholder or Member
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What is tax year ending computation?
Tax year ending computation is the process of calculating and reporting the financial activity of a business or individual for a specific 12-month period.
Who is required to file tax year ending computation?
All businesses and individuals who earn income are required to file tax year ending computation.
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Tax year ending computation can be filled out by gathering all financial records, calculating income and expenses, and reporting the figures on the appropriate tax forms.
What is the purpose of tax year ending computation?
The purpose of tax year ending computation is to accurately report financial activity to the tax authorities and determine the tax liability.
What information must be reported on tax year ending computation?
Information such as income, expenses, deductions, credits, and other relevant financial data must be reported on tax year ending computation.
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