0
Yes, as long as you file the extension for your Federal return.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Florida tax extension for a s-corp?
A federal S corporation extension is not valid for Florida. A state form F-7004 must be filed before the corporate deadline, and grants an automatic six month extension.
What is the state income tax rate in Colorado?
The statutory state income tax rate for resident individuals, estates and trusts is 4.63 percent of Colorado taxable income. To find the Colorado taxable income, use the following computation: Federal Taxable Income PLUS (+) Any state income tax included in federal itemized deductions PLUS(+) Non-Colorado state & municipal bond interest PLUS (+) Lump sum distributions from pension or profit-sharing plan not included in federal taxable income MINUS (-) State income tax refunds included in federal taxable income MINUS (-) Interest on obligations of the United States MINUS (-) Previously taxed PERA or School District #1 benefits from 1984 - 1986 MINUS (-) Pension exclusion of up to $20,000 if age 55-64, $24,000 if age 65 or older MINUS (-) Colorado Source Capital Gain EQUALS(=) Colorado Taxable Income Allowable credits include taxes paid to other states; and a child care credit for full-year and part-year residents. For further information on income tax credits, visit the Income Tax Index at www.taxcolorado.com The first $20,000 of pension or annuity income is exempt from tax for retired individuals aged 55 to 64, and for individuals receiving the pension as the result of the death of the individual who earned the pension. The first $24,000 of pension or annuity is exempt from tax for retired individuals aged 65 and over. For further information, see FYI Income 25 "Pension/Annuity Subtraction." The Colorado corporation income tax applies to net income derived from Colorado sources. The tax rate is 4.63 percent.
What online personal income tax software for both federal and state taxes can you recommend?
I recommend online personal income tax software for both federal and state taxes, as well as software to help you file an extension if you need it. cutt.ly/JjWSDSE
If you live in FL and work in another state where do you pay state income tax?
The state where you work and earn the income wants to collect some state income tax on the income that you earn in that state.
When filing for the state income taxes do you receive your federal income tax refund as well as your state income tax refund?
No, when filing for the state income taxes, you will receive your federal income tax refund as well as your state income tax refund.
Are you subject to Colorado State income tax if you live in Colorado part-time while being a resident of Texas which has no state income tax?
Yes
colorado state income tax?
track my refund
If you file an extension for your federal taxes do you automatically get an extension for your state taxes?
It depends on the state, but in most cases that is correct. LA is that way.
What is the average income in Colorado?
Colorado is a state in the United States of America. In Colorado, the average income is somewhere around 34,283 dollars.
What is the legal age of emancipation in the state of Colorado?
I believe the automatic age of emancipation in Colorado is 19. But I moved out of my parents house when I was 18. I believe the automatic age of emancipation in Colorado is 19. But I moved out of my parents house when I was 18.
File an Extension for State Taxes Too?
If you require an extension on the filing of your taxes, do not forget to file an extension for state taxes too. Of course, if you live in a state like Florida that does not have a personal income tax, then you will not need to worry about filing taxes at all. In a majority of other states filing an extension is essential. You may incur certain fees or expenses if you fail to file an extension for your state taxes. Be sure to research the requirements for your state on receiving an extension for the filing of state taxes.
What is the Colorado Department of Revenue's 'fair share' section about?
The fair share section is the State of Colorado's primary State Income Tax Collection & Record keeping Department.
After 26 weeks of unemployment benefits expires do you have to file to get an extension?
In some states, the extension is automatic and in others you have to apply. For safety, check with your own state's unemployment office.
Florida tax extension for a s-corp?
A federal S corporation extension is not valid for Florida. A state form F-7004 must be filed before the corporate deadline, and grants an automatic six month extension.
Can a same-sex married couple file a joint state income tax return in Colorado?
Yes. The Colorado state tax code relies upon the IRS's definition of marriage and, therefore, the Colorado Department of Revenue has ruled that a legally married same-sex couple legally married that lives in Colorado may jointly file their state income tax return as "married" (either jointly or separately).
What is the state income tax rate in Colorado?
The statutory state income tax rate for resident individuals, estates and trusts is 4.63 percent of Colorado taxable income. To find the Colorado taxable income, use the following computation: Federal Taxable Income PLUS (+) Any state income tax included in federal itemized deductions PLUS(+) Non-Colorado state & municipal bond interest PLUS (+) Lump sum distributions from pension or profit-sharing plan not included in federal taxable income MINUS (-) State income tax refunds included in federal taxable income MINUS (-) Interest on obligations of the United States MINUS (-) Previously taxed PERA or School District #1 benefits from 1984 - 1986 MINUS (-) Pension exclusion of up to $20,000 if age 55-64, $24,000 if age 65 or older MINUS (-) Colorado Source Capital Gain EQUALS(=) Colorado Taxable Income Allowable credits include taxes paid to other states; and a child care credit for full-year and part-year residents. For further information on income tax credits, visit the Income Tax Index at www.taxcolorado.com The first $20,000 of pension or annuity income is exempt from tax for retired individuals aged 55 to 64, and for individuals receiving the pension as the result of the death of the individual who earned the pension. The first $24,000 of pension or annuity is exempt from tax for retired individuals aged 65 and over. For further information, see FYI Income 25 "Pension/Annuity Subtraction." The Colorado corporation income tax applies to net income derived from Colorado sources. The tax rate is 4.63 percent.
Makenzie lives and works in Colorado which has a flat state income tax of 4.63. If her annual salary is 57835 and if she gets paid once a month how much is withheld from her gross income for state inc?
223.14
