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Meet Colorado's Form W-2 Filing Requirements for 2024

Learn about the W-2 filing requirements and deadlines in Colorado for 2024. E-file your forms accurately and on time.

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As low as $0.99 per W-2 state filing form

Key Colorado W-2 Form Information

State TaxFormFiling RequirementFiling Method
Yes,
Wages are taxable
Form W-2
Wage and Tax Statement
MandatoryElectronic /Paper
We recommend electronic filing.
Form DR 1093
Annual Transmittal of State W-2 Forms
MandatoryElectronic/Paper

Who Needs to File W-2 Forms in Colorado?

Employers who withhold Colorado state income tax are required to file W-2 forms for the 2024 tax year. This requirement applies to all businesses, regardless of size, from small operations to larger enterprises. It's important to comply with Colorado's filing regulations to ensure accurate reporting and avoid penalties.

Who Needs to File W-2 Forms in Colorado?
What Must Be Filed?

What Must Be Filed?

  • Form W-2: Wage and Tax Statement for each employee
  • Form DR 1093: Annual Transmittal of State W-2 Forms.

Important W-2 Form Fields for Colorado Filing

Important W-2 Form Fields for Colorado Filing

Ensure the following key fields on the W-2 form are correctly filled for Colorado state:

  • Employer’s state ID number

    In Box 15, enter the state and the employer’s state ID number. This is necessary if Colorado state income tax is being withheld from the employee’s wages.

  • State wages, tips, etc.

    In Box 16, input the total wages, tips, or other forms of compensation that are subject to Colorado state income tax.

  • State income tax

    Enter the amount of Colorado state income tax withheld from the employee’s wages in Box 17.

With TaxZerone, the process of filing Colorado state W-2 forms is straightforward, ensuring accuracy and timely completion.

File Your Colorado W-2 Form

Filing Methods for Colorado W-2 Forms

Electronic Filing
Electronic Filing

Electronic Filing

Employers are required to file W-2 forms electronically when submitting 250 or more. TaxZerone simplifies the process by supporting e-filing.

Enter or upload your employee’s data, review everything, and hit submit. After transmission, we’ll manage the details.

Paper Filing

Paper Filing

Employers can file Form W-2 on paper if they have 249 or fewer employees, sending it to the following address:

Mailing Address:

Colorado Department of Revenue,
Denver,
CO 80261-0009.

Recommendation: While paper filing is an option, using TaxZerone for e-filing is highly recommended due to its speed, accuracy, and efficiency.

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Colorado Form DR 1093: Annual Transmittal of State W-2 Forms

Form DR 1093, Annual Transmittal of State W-2 Forms, is used by Colorado employers to report the total state income tax withheld for the previous year. Employers must submit Form DR 1093 along with any W-2 forms that show employee wages and the state income tax withheld. They can claim a refund for any overpayment when submitting the Annual Transmittal of State W-2 Forms.

Colorado Form DR 1093: Annual Transmittal of State W-2 Forms
W-2c Corrections for Colorado Filings

W-2c Corrections for Colorado Filings

To correct errors on previously filed W-2 forms in Colorado, submit Form W-2c. This form allows you to amend mistakes related to wages, taxes, or employee information. Filing a W-2c ensures your records are accurate and comply with Colorado state reporting requirements. Corrected W-2s should be mailed to the Department, along with a cover letter, to:

Mailing Address:

Colorado Department of Revenue
Discovery Section,
PO Box 17087,
Denver, CO 80217-0087.

With TaxZerone, employers can quickly file Form W-2c to correct errors on your W-2 forms.Our online platform streamlines the process, ensuring accurate and timely submission of your corrections.

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Filing Deadline for Colorado W-2 Forms

  • Form W-2 (Wage and Tax Statement)
  • Form DR 1093 (Annual Transmittal of State W-2 Forms)
Filing Deadline for Colorado W-2 Forms

Why Choose TaxZerone for Colorado W-2 State Filing?

When it comes to e-filing W-2 forms, TaxZerone is your trusted solution. Our platform is designed to make the filing process simple, accurate, and timely. Enjoy the following benefits:

Quick & Easy

Quick & Easy

Complete your W-2 filings in just three simple steps, taking less than five minutes!

Affordable Pricing

Affordable Pricing

Each form costs only $0.99 for w2 state filings with absolutely no hidden fees.

Bulk Upload Feature

Bulk Upload Feature

Save valuable time by uploading multiple forms in one go.

Dedicated Support Team

Dedicated Support Team

Have questions? Our expert team is available to help you navigate any filing challenges.

Ready to simplify your Colorado W-2 filing process?

Sign up with TaxZerone today and file Colorado state W-2 forms for just $0.99 each!

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Frequently Asked Questions

1. Does Colorado Require W-2 State Filing?

Yes, the Colorado Department of Revenue requires employers to file W-2 forms when there is state tax withholding.

2. When is the deadline to file Form W-2 in Colorado?

Employers are required to submit W-2 forms by January 31st each year in Colorado.

3. What is Form DR 1093?

Form DR 1093 is the Annual Transmittal of State W-2 Forms used by employers in Colorado to report the total state income tax withheld from employees' wages for the previous year. This form is submitted to the Colorado Department of Revenue along with the W-2 forms.

4. Can I file Form W-2 online in Colorado using TaxZerone?

Yes, you can file Form W-2 online in Colorado through TaxZerone. TaxZerone simplifies the e-filing process for both federal and state tax forms, including Colorad's Form W-2, ensuring smooth and timely submission to the Colorado Department of Revenue.

5. What are the penalties and interest for late tax payments in Colorado?

Penalty for Late Payment:
  • Greater of $5 or 5% of the unpaid tax.
  • An additional 0.5% for each month the tax remains unpaid (up to 12% total).
Collection Penalty:
  • 15% of the unpaid tax if payment is not made after receiving a notice and demand.
Additional Penalties for:
  • Fraudulent or willful failure to file.
  • Filing a fraudulent, frivolous, or false return.
  • Fraudulently failing to pay tax.
  • Willfully attempting to evade tax.
Interest:
  • Accrues from the original due date to the payment date.
  • Interest rates vary depending on the calendar year(s) of the deficiency.
  • A discounted interest rate applies if the tax is paid within 30 days of receiving a notice of deficiency.

6. What are the penalties for failing to file W-2s on time in Colorado?

Employers who fail to file required W-2s by the due date may face a penalty of $5 to $50 per W-2 Form. If electronic filing is required and not done on time, the penalty applies to each W-2, even if paper copies were submitted.