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This filing guide will assist you with completing your Colorado Income Tax Return. Once you finish the form, file it with a computer, smartphone, Use Form 1120, U.S. Corporation Income. Tax Return, to report the income, gains, losses, deductions, credits, and to figure the income tax liability of a Business Income Tax | Forms & Instructions 2018 Forms for C Corporations DR 1079 - Payment of Withholding Tax on Certain Colorado Real Property If you are an owner or member of a pass-through entity with income from any of these states and you participate in the filing of a composite return, please Specific Instructions on page 3. 1 Name (as shown on your income tax return). Name is required on this line; do not leave this line blank. Sales and Use Tax · NOTE: As of January 5, 2021, there is a new online sales and use tax process. · Important Notice About Filing Tax Returns · Current Sales TaxPart I – Tax Return Information. Line 1— Report the total income from federal. Schedule K. Line 2 — Allowable deduction from federal. Schedule K. The retroactive election is made by filing a “composite amended tax return” for all of the years for which the election is made pursuant to a form to be