DENVER, February 24, 2021 - The Colorado Department of Revenue (CDOR) understands some taxpayers will be unable to meet Colorado filing and payment deadlines as a result of the severe winter storms that impacted Texas. As a result, CDOR will enact tax relief that will mirror IRS measures in the same declared disaster areas which includes all individuals and households affected by severe winter storms that reside or have a business in any of the 254 Texas counties.
The tax relief postpones various tax filing and payment deadlines that occurred starting on February 11, 2021. Affected individuals and businesses will have until June 15, 2021, to file returns and pay any taxes that were originally due during this period, and are still eligible for any vendor fee that applies. CDOR agrees to honor any waiver of interest granted by Texas for affected International Fuel Tax Agreement (IFTA) motor carriers if payments are received by the extension deadline.
CDOR will not be automatically applying this tax deadline waiver. Affected taxpayers who reside or have a business located in the covered disaster area must call the tax information hotline at 303-238-7378 Monday through Friday from 8 a.m. to 4:30 p.m. to request penalty and interest relief after they receive a bill. CDOR exemptions do not apply to home-rule jurisdictions who collect their own taxes. Please contact them directly to find out if they have also waived any tax deadlines.