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DR 0112EP (11/21/22)
COLORADO DEPARTMENT OF REVENUE
Denver CO 80261-0008
*DO=NOT=SEND* Tax.Colorado.gov
Corporate Estimated Income Tax
Instructions
See publication Corporate Income Tax Guide available at Penalties
Tax.Colorado.gov for more information. Failure to timely remit estimated tax as necessary will result
in an estimated tax penalty. Penalty will be calculated for
General Rule each missed payment, late payment, or underpayment. For
In most cases, a corporation is required to pay calculation specifics, or to remit this penalty before being
estimated tax if it can reasonably expect the net tax billed, see form DR 0205, Underpayment of Corporate
liability will exceed $5,000 for 2023. For taxpayers with Estimated Tax.
a short taxable year, please see the Corporate Income
Tax Guide or refer to Department regulation 39-22-606 Go Green with Revenue Online
available at Tax.Colorado.gov for more information. Colorado.gov/RevenueOnline allows taxpayers to file
taxes, make payments and monitor their accounts.
Required Payments The DR 0112EP is not required to be sent if electronic
The required annual amount to be paid is the smaller of: payment is made through this site. Please be advised that
• 70% of the actual net Colorado tax liability; or a nominal processing fee may apply to online payments.
• 100% of the preceding year’s net Colorado tax liability. Pay by Electronic Funds Transfer (EFT)
This rule only applies if the preceding year was a EFT payments can be made safely, for free, and can
12-month tax year, the corporation filed a Colorado be scheduled up to 12 months ahead of time to avoid
return, and the corporation is not defined as a large forgetting to make a quarterly payment. This requires
corporation* under section 6655 of the federal Internal pre-registration before payments can be made.Visit
Revenue Code. Tax.Colorado.gov/electronic-funds-transfer for
*Any large corporation may base their first quarter estimated registration information.
tax payment on 25% of the tax liability from the previous
year. However, the remaining payments must be based on
the actual tax liability for the current year. If, after calculating Additional information, guidance publications and forms are
the tax liability for the current year, it is determined that available at Tax.Colorado.gov or you may call
the first quarter was underestimated the shortage shall be 303-238-SERV (7378) for assistance.
calculated into and paid with the second quarter.
Calculating the Payment
Use the provided worksheet to calculate the amount
of estimated tax owed. Payments and forms should be
submitted using the same method (separate, consolidated,
combined) and using the same account number as will be
used on the C Corporation Income Tax Return (DR 0112). If,
for any reason, the account numbers are inconsistent, the
department must be notified in writing prior to filing DR 0112.
Mail this notification to:
Colorado Department of Revenue
Denver CO 80261-0008
Remit payments on or before the due date table provided
on the next page (adjust for fiscal year taxpayers). It
is strongly recommended that payments be remitted
electronically to avoid processing delays. This form can be
copied and used for each of the four quarterly payments, if
an electronic payment cannot be made for any reason.
