Payment Plans
If you cannot completely pay your tax debt on its due date, you may request a payment plan with the Colorado Department of Revenue. Qualified taxpayers are allowed to make monthly payments until the taxes are paid in full. There are no additional fees to participate in a payment plan. However, standard late payment penalty will be charged, and interest will accrue during the life of the plan. Additionally, any subsequent tax refunds you claim will be applied to your outstanding tax bill.
Not paying your taxes when they are due may cause your account to be referred to collections.
A payment plan is considered violated if you do not:
If your payment plan is violated, the Department will cancel your plan and send you notification in writing. At such time, the balance of tax, penalty and interest will become due in full.
After you receive a bill, you may request a payment plan accessing Revenue Online and by creating a login.
You can request a payment plan on current year individual income tax debt before receiving a bill, but you must wait until after April 15 and must do so by contacting the Collections Section by phone at (303) 205-8291.
Payment plans for business tax debt (such as sales tax and wage withholding) can only be requested by speaking with a Compliance Agent at (303) 866-3711. Agents are available from 8:00 a.m. to 4:30 p.m. Mountain Time, Monday through Friday.
For more information, visit the Business Tax Installment Agreement web page.
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