As a Colorado business owner, navigating the complexities of state tax compliance can be a daunting task. One crucial aspect of this process is understanding the Colorado 104AD form, also known as the Affidavit of Affixture. In this comprehensive guide, we will walk you through the instructions and filing process for the Colorado 104AD form, ensuring you stay compliant with state regulations.
Understanding the Colorado 104AD Form
The Colorado 104AD form is an affidavit that confirms the affixture of a vehicle or aircraft to real property in the state of Colorado. This form is typically used when a vehicle or aircraft is permanently attached to real property, such as a plane hangar or a boat dock. By filing this form, you are providing documentation to the Colorado Department of Revenue, ensuring that your property is properly assessed and taxed.
Benefits of Filing the Colorado 104AD Form
Filing the Colorado 104AD form provides several benefits to business owners and individuals in Colorado:
- Ensures compliance with state tax regulations
- Provides documentation for property assessment and taxation
- Helps to avoid potential penalties and fines for non-compliance
Instructions for Completing the Colorado 104AD Form
To complete the Colorado 104AD form, follow these step-by-step instructions:
- Download the Colorado 104AD form from the Colorado Department of Revenue website or obtain a paper copy from your local county assessor's office.
- Fill out the form with the required information, including:
- Vehicle or aircraft description (make, model, year, and VIN or N-number)
- Real property description (address, county, and parcel number)
- Date of affixture
- Affiant's signature and contact information
- Attach supporting documentation, such as:
- Proof of ownership (title or registration)
- Proof of affixture (photos or invoices)
Important Filing Deadlines
The Colorado 104AD form must be filed with the county assessor's office by the following deadlines:
- January 1st for vehicles and aircraft affixed on or before December 31st of the previous year
- July 1st for vehicles and aircraft affixed on or after January 1st of the current year
Filing the Colorado 104AD Form
To file the Colorado 104AD form, follow these steps:
- Submit the completed form and supporting documentation to your local county assessor's office.
- Ensure the form is signed and notarized, if required.
- Pay any applicable filing fees.
Common Filing Errors to Avoid
To ensure a smooth filing process, avoid the following common errors:
- Incomplete or inaccurate information
- Missing supporting documentation
- Late filing
By following these instructions and filing the Colorado 104AD form correctly, you can ensure compliance with state tax regulations and avoid potential penalties.
Additional Resources
For more information on the Colorado 104AD form and filing process, visit the following resources:
- Colorado Department of Revenue website:
- County assessor's office website or contact information
By understanding the Colorado 104AD form and following these instructions, you can ensure compliance with state tax regulations and avoid potential penalties.
What is the purpose of the Colorado 104AD form?
+The Colorado 104AD form is an affidavit that confirms the affixture of a vehicle or aircraft to real property in the state of Colorado.
What is the deadline for filing the Colorado 104AD form?
+The deadline for filing the Colorado 104AD form is January 1st for vehicles and aircraft affixed on or before December 31st of the previous year, and July 1st for vehicles and aircraft affixed on or after January 1st of the current year.
What are the consequences of not filing the Colorado 104AD form?
+Failure to file the Colorado 104AD form can result in penalties and fines for non-compliance.