Elect composite filing on Form 106
To calculate and print Form 106, Page 1, Part II: Colorado Pass-Through Entities and Composite Filing for Nonresidents:
- The nonresident shareholder cannot file From DR 107/108 at the same time.
- The check box of "if this pass-through entity is electing to be subject to tax at the entity level under the SALT Parity Act for this income tax year" on Form 106 page 1 section I should not be checked.
If the shareholder qualifies, complete the following to elect composite filing:
- Go toOrganizerand selectStates, thenColorado.
- SelectNonresident Information.
- Select theNonresident Shareholdercheckbox forFiling Method.
- SelectInclude in composite filingcheckbox.
