Department of Revenue Provides Penalty Relief to Farmers and Fishermen

Pursuant to IR-2013-7 published by the Internal Revenue Service, the Colorado Department of Revenue shall adopt the temporary April 15, 2013 due date established for farmers and fisherman.

Normally, farmers and fishermen who choose not to make quarterly estimated tax payments are not subject to a penalty if they file their returns and pay the full amount of tax due by March 1. Under IRS guidance, farmers or fishermen who miss the March 1 deadline will not be subject to the penalty if they file and pay by April 15, 2013. A taxpayer qualifies as a farmer or fisherman for tax-year 2012 if at least two-thirds of the taxpayer’s total gross income was from farming or fishing in either 2011 or 2012.

If you receive a bill or notice you believe is incorrect based on these relief provisions, or you believe additional relief is warranted, please submit a written explanation of why you feel additional relief is appropriate and attach a copy of the bill or notice.  Submit by one of the following methods:

Secure Web, select “File a Protest”

Fax: 303-866-4118
Only for responses 10 pages or less. To ensure your documentation is processed include your Colorado Account Number (CAN) on all pages.

Colorado Department of Revenue
1375 Sherman St # 208
Denver Co 80261