Form DR 0108 has been eliminated for tax years commencing on and after January 1, 2024. In prior tax years, form DR 0108 was used by partnerships and S corporations to remit payments on behalf of their nonresident partners and shareholders.
For tax years commencing on and after January 1, 2024, partnerships and S corporations must include these nonresident partners and shareholders in a nonresident composite return. The nonresident composite return should not include any partners that are partnerships or corporations or any partner or shareholder that has properly executed a Nonresident Partner or Shareholder Agreement (form DR 0107). For additional information about composite returns, please visit Tax.Colorado.gov/changes-to-composite-filing.
Nonresident partners and shareholders included in a composite return may file their own Colorado income tax returns and claim credit for their share of the Colorado income tax paid by the partnership or S corporation in the composite return. Nonresident partners and shareholders can find additional information in the Individual Partner and Shareholder Instructions for Colorado K-1 (DR 0106K) available online at Tax.Colorado.gov/individual-income-tax-guidance-publications.
Pass-through entities that file a nonresident composite return may need to remit quarterly estimated payments or an extension payment. For additional information about estimated payments, please visit Tax.Colorado.gov/composite-estimated-payments.