Colorado sales tax codes and rates
Colorado's state sales tax rate is 2.9%; county and city rates come on top and are not included. A Nefin company that sells into Colorado gets 5 sales codes, each named after the line of the DR 0100 / DR 0252 it fills, so the return's figures add up as you invoice. Purchases you owe use tax on go under CO-0252-2b, and Nefin works out the use tax due.
Colorado codes from the DR 0100 / DR 0252
Each code is “CO-” plus the line it fills on the DR 0100 / DR 0252. Rates are the state rate only; add local rates in Settings, VAT rates, where you collect them.
| Code | What it covers | Rate |
|---|---|---|
| CO-5 | CO net taxable sales 2.9% state (DR 0100 Line 5) | 2.9% |
| CO-A1 | CO wholesale / resale sales (DR 0100 Schedule A Line 1) | 0% |
| CO-A2 | CO sales to nonresidents / outside CO (DR 0100 Sch A Line 2) | 0% |
| CO-A4 | CO sales to exempt entities (DR 0100 Schedule A Line 4) | 0% |
| CO-A13 | CO other exempt sales (DR 0100 Schedule A Line 13) | 0% |
| Code | What it covers | Rate |
|---|---|---|
| CO-0252-2b | CO consumer use tax purchases (DR 0252 Line 2b) | 0% |
Colorado in the tax books
Nefin’s sales tax book has one row per invoice and one column per DR 0100 / DR 0252 line; these are the Colorado columns and the totals worked out from them.
Sales Tax Book
Colorado - DR 0100 / DR 0252
- [CO-5]Net taxable sales (Line 5)
- [CO-A1]Wholesale sales (Sch A Line 1)
- [CO-A2]Sales sourced outside Colorado (Sch A Line 2)
- [CO-A4]Sales to exempt entities (Sch A Line 4)
- [CO-A13]Other exempt sales (Sch A Line 13)
Totals Nefin calculates
- [CO-1] Gross sales (Line 1)Sum of the net amounts in [CO-5] + [CO-A1] + [CO-A2] + [CO-A4] + [CO-A13]
- [CO-7] Tax on net taxable sales, state 2.9% (Line 7)Net amount × 2.9%, from [CO-5]
Use Tax Book
Colorado - DR 0100 / DR 0252
- [CO-0252-2b]Taxable amount (DR 0252 Line 2b)
Totals Nefin calculates
- [CO-0252-5] Net use tax due, state 2.9% (DR 0252 Line 5)Net amount × 2.9%, from [CO-0252-2b]
Frequently asked questions
What is the Colorado sales tax rate?
The state rate is 2.9%. Counties, cities and districts may add local rates, which vary by address and are not part of these codes.
Which Colorado sales tax codes does Nefin set up?
5 sales codes from the DR 0100 / DR 0252, for example CO-5 (CO net taxable sales 2.9% state (DR 0100 Line 5)), CO-A1 (CO wholesale / resale sales (DR 0100 Schedule A Line 1)), CO-A2 (CO sales to nonresidents / outside CO (DR 0100 Sch A Line 2)).
How does Nefin handle Colorado use tax?
Book a purchase on which the vendor charged no Colorado tax under CO-0252-2b (CO consumer use tax purchases (DR 0252 Line 2b)). The bill stays at the price you paid, and the use tax book works out the tax you owe at 2.9%.
Are these Colorado codes official?
They are a starting point. Each code follows a line of the DR 0100 / DR 0252, but check them against your return before you file, and edit them in Settings, VAT rates.