instructions, form 112 and related forms · you will need information from your . ... form 112”...

(12/04/15)

1. First, complete your federal income tax return — IRS Form 1120. You will need information from your federal return to complete this return.

2. FilethereturnforfreeusingRevenueOnlineorfileelectronicallyusinge-filingsoftware.Youcanfileonpaperifyoucannotfileelectronically,butpleasenotethatfilingonpapercanincreasereturnproblemsanddelay refunds. Returns are due three and one-half months after the close of thetaxableyear.

3. If you owe the state, pay electronically through Revenue Online. If you cannot pay online, makeyourcheckormoneyorderpayabletotheColorado Department of Revenue. Please print the corporation’sColoradoaccountnumberand“2015Form 112” on the check or money order.

Manage your account File and pay onlineGet started with Revenue Online today!www.Colorado.gov/RevenueOnline

COLORADO C CORPORATION INCOME TAX BOOKLET

BOOKLET INCLUDES:Instructions, Form 112 and Related Forms

20152015

DR 0158-C (07/22/15)COLORADO DEPARTMENT OF REVENUEDenver CO 80261-0008www.TaxColorado.com

(0029)

*150158-C19999*

DR 0158-C (07/06/15)For tax period: (MM/DD)

2015Ending: (MM/DD/YY)

ReturntheDR158-CwithcheckormoneyorderpayabletotheColoradoDepartmentofRevenue,Denver,Colorado80261-0008.WriteyourColoradoAccountNumberorFederalEmployerIdentificationNumberand“2015DR0158-C”onyourcheckormoneyorder.Donotsendcash.Enclose,butdonotstapleorattach,yourpaymentwiththisform.File only if you are making an extension payment.Corporation Name ColoradoAccountNumber

Address FEIN

City State ZIP

If No Payment Is Due, Do Not File This Form. TheStatemayconvertyourchecktoaonetimeelectronicbankingtransaction.YourbankaccountmaybedebitedasearlyasthesamedayreceivedbytheState.Ifconverted,yourcheckwillnotbereturned.Ifyourcheckisrejectedduetoinsufficientoruncollectedfunds,theDepartmentofRevenuemaycollectthepaymentamountdirectlyfromyourbankaccountelectronically.

Amount Owed

$ .00

General InformationCorporate income tax returns are due 3½ months after theendofyourtaxyear,orbyApril18,2016fortraditionalcalendaryearfilers.Ifyouareunabletofilebyyourprescribedduedate,youmayfileunderextension.Thiswillallowyouanadditional6monthstofileyourreturn,oruntilMondayOctober17,2016fortraditionalcalendaryearfilers.However,theextensiontofiledoesnotallowyoutoextend your payment due date. You must pay at least 90% ofyourtaxliabilitybytheoriginalduedateofyourreturn(orApril18th)andtheremainderbythefilingextensionduedate(orOctober17th)toavoiddelinquentpaymentpenalties.

Penalties and InterestIfthe90%ruleisnotmetbytheoriginalduedate,thendelinquentpenaltyandinterestwillbeassessedwhenyoufileyourreturn.If90%ormoreofyourtaxliabilityispaidbytheoriginalduedate,andtheremainingbalanceispaidbytheextensionduedate,nopenaltywillbeassessed.However,youwillbebilledinterest,butonlyontheamount

beingpaidbytheextensionduedate.If after the original due date, you determine that you underpaid your extension payment you should pay theadditionaltaxassoonaspossibletoavoidfurtheraccumulation of penalty and/or interest.

Pay OnlineVisit www.Colorado.gov/RevenueOnline to pay online. Online payments reduce errors and provide instant paymentconfirmation.RevenueOnlinealsoallowsuserstosubmitvariousformsandtomonitortheirtaxaccount.DR0158-Cisnotrequiredifanonlinepaymentismade.Pleasebeadvisedthatanominalprocessingfeemayapplyto online payments.

Pay by Electronic Funds Transfer (EFT)EFTDebitandEFTCreditoptionsarefreeservicesofferedbytheDepartment.EFTservicesrequirepre-registrationbeforepaymentscanbemade.Visit www.Colorado.gov/revenue/eft for more information.

Extension of Time for Filing a Colorado C Corporation Income Tax Return

DR 0900C (08/06/15)COLORADO DEPARTMENT OF REVENUEDenver CO 80261-0008www.TaxColorado.com

2015 C Corporation Income Tax Payment

This form must accompany your payment if you filed electronically and wish to pay by checkTheDepartmentstronglyrecommendsthatyoufileusingRevenue Online or other electronic method and remit your paymentelectronicallyorbyEFT.

The amount on the check and the amount entered on thepaymentdocumentmustbethesame.Thiswillhelpmaintain accuracy in your tax account. Be sure to keep a copyofthemoneyorderornotethechecknumberwithyour tax records.DONOTsubmitapaper112returnifyouhavealreadyfiledand paid electronically.

DR 0900C (12/04/15)For tax period: (MM/DD)

2015Ending: (MM/DD/YY)

ReturnthisformwithcheckormoneyorderpayabletotheColoradoDepartmentofRevenue,Denver,Colorado 80261-0008.WriteyourColoradoAccountNumberorFederalEmployerIdentificationNumberand“2015FORM112”onyourcheckormoneyorder.Donotsendcash.Enclose,butdonotstapleorattach,yourpaymentwiththisform.

Corporation Name ColoradoAccountNumber FEIN

Address City State Zip

If no payment is due, do not file this form. TheStatemayconvertyourchecktoaonetimeelectronicbankingtransaction.YourbankaccountmaybedebitedasearlyasthesamedayreceivedbytheState.Ifconverted,yourcheckwillnotbereturned.Ifyourcheckisrejectedduetoinsufficientoruncollectedfunds,theDepartmentofRevenuemaycollectthepaymentamountdirectlyfromyourbankaccountelectronically.

Amount Owed

$ .0 0

*150900C=19999*(0021)

Instructions For Completing Form 112S Corporations use Form 106 ThisfilingguidewillassistyouwithcompletingthisColoradoIncomeTaxReturn.Onceyoufinishtheform,fileitwithacomputer,smartphone,ortabletusingourfreeandsecure Revenue Online service at www.Colorado.gov/RevenueOnlineOr,youmayfileusingprivatee-Filesoftwareorwithapaidtaxpreparer.Byfilingyourreturnelectronically,yousignificantlyreducethechance of errors and you will receive your refund much faster.Ifyoucannotfileelectronicallyforanyreason,mailthe enclosed forms as instructed.Pleasereadthroughthisguidebeforestartingyourreturn.AllColoradoformsandpublicationsreferencedinthisguideareavailablefordownloadatwww.TaxColorado.com — the officialTaxationWebsite.

Filing RequirementsEachCcorporationdoingbusinessinColorado,orthosewhoderiveincomefromColoradosources,mustfilethisreturn.OrganizationsthathavebeengrantedtaxexemptstatusbytheIRSaregenerallyexemptfromColoradotaxation.However,thosetaxexemptentitiesthatfileFederalform990-TtoreportunrelatedbusinesstaxableincomefromColoradosourcesorfrombusinessactivityinColoradoaresubjecttoColoradotaxationandarerequiredtofileForm112.Anyinsurancecompanysubjecttothetaximposedongrosspremiumsby§10-3-209,C.R.S.isexempt from Colorado income tax.

Due DateCorporate income tax returns are due the 15th day of the fourthmonthaftertheendofyourtaxyear,orbyApril18,2016fortraditionalcalendaryearfilers.Ifyouareunabletofilebyyourprescribedduedate,youmayfileunderextension.SeeDR0158-Cformoreinformationaboutfilingextensions.

Estimated TaxEveryCcorporationsubjecttoColoradoincometaxmustfileForm112EP,ifitcanreasonablyexpectthenettaxliabilitytoexceed$5,000duringthetaxableyear.SeepublicationFYIIncome51formoreinformation.

Accounting Period and MethodThe accounting period and method for Colorado income tax mustbethesameaccountingperiodandmethodasusedfor federal income tax.

Account NumbersTheColoradoaccountnumberis8digitsandmustbelistedinadditiontotheFederalEmployerIdentificationNumber(FEIN)onanyformwhererequested.TheColoradoaccountnumberusedonthisformisusuallythesamenumberthatisfoundonsalestaxlicensesandformsrelated to wage withholding.

Line by Line InstructionsFirst,completethefederalincometaxreturntobefiledwith the IRS. You will use information from that return to complete the Colorado income tax return.

Section AMarktheappropriateboxrelatedtoyourapportionmentmethod.Corporationsdoingbusinessinmultiplestatesmustapportiontheirtaxableincometoeachstateinwhichtheyconductbusiness.Thisensuresthetaxispaidtothestateinwhichtheincomeisearnedandtaxable,andeliminatesdoubletaxation.WerecommendthatyoureadpublicationFYIIncome59formoreinformation.Generally,income is apportioned using the single sales factor.

• Not ApportioningTheCcorporationconductsbusinessonlyinthestateofColorado.Taxwillbecalculatedon100%oftheColoradotaxableincome.

• Single Sales FactorAllbusinessincomemustbeapportionedusingasinglefactor:sales.Nonbusinessincomemayeitherbedirectlyallocatedtotheappropriatestateortreatedasbusinessincome,subjecttothesinglesalesfactor.ScheduleSFisrequiredifusingthismethodandcanbecompletedbyclickingtheappropriateeditbuttononRevenueOnline.Otherwise,submitviathee-FilerAttachmentonRevenueOnline or send with the paper return.

• Gross ReceiptsThe C corporation that performs no Colorado activities other than making sales, that does not own or rent real estatewithinColoradoborders,andthatgeneratesannual Colorado gross sales of $100,000 or less, may elect to pay tax on one-half percent of the annual Colorado gross receipts – in lieu of paying the normal incometax.WerecommendthatyoureadpublicationFYIIncome 58 if this applies to you. If using this method, you must enter the annual Colorado gross receipts on line 16, thecalculated.5%taxonline17,andenter“grossreceipttax” on the dotted lines next to each of these two lines.

• Other Apportionment MethodWhen Colorado apportionment methods do not fairly measure the Colorado-source income, the corporation mayrequest(ortheDepartmentmightrequire)analternative apportionment method.

Section BMarktheappropriateboxtodesignateaseparate,consolidated,orcombinedreturn.TherearefourpossiblefilingalternativesforCcorporations. We recommend that you read publicationFYIIncome 60 for additional information.

• SeparateForasinglecorporation,regardlessofitsmembershipinanaffiliatedgroup.Asinglecorporationcannotusethisfilingalternativeifitelectstobepartofaconsolidatedreturnorifitisrequiredtobeincludedinacombinedfiling.

• ConsolidatedForaffiliatedmembersofagroupofcorporationsdefinedby§1504InternalRevenueCode.However,onlythosemembersconductingbusinessinColoradocanbeincludedintheconsolidatedreturn.ThisfilingalternativeisbindingforfouryearsandrequiresconsentoftheColoradomembersofthegroup.Filingsuchareturnshallbedeemedconsent.

• CombinedForaffiliatedmembersofagroupofcorporationsdefinedby§39-22-303,C.R.S.thatmeetsatleasthalfofthesix-partintercompanybusinessrelationshiptestforthisandtheprecedingtwoyearsthisisarequiredfilingalternative.

• Combined/ConsolidatedForanaffiliatedgroupfilingacombinedreturn,butwhohasamemberthatfiledafederalconsolidatedreturnwith another corporation, and the other corporation is conductingbusinessinColoradobutisnototherwiseeligibletobeincludedinthecombinedreport.

Taxable IncomeLine 1Enterthefederaltaxableincome(orloss)fromIRSform1120 or 990-T. Line 2Enteranyamountfromline1thatisattributedtoaffiliatedcorporations that are not included in this consolidated or combinedreturn.Line 3ThislineisautomaticallycalculatedbyRevenueOnline,orsubtractline2fromline1iffilingapaperreturn.Thisreflectsthetaxableincomeofthefederalpro-formareturnincluded on the Colorado form.

AdditionsLine 4Enter any federal net operating loss deduction claimed inthecomputationofthefederaltaxableincome.Werecommend that you read publicationFYIIncome 19 if this applies to you.

Line 5Enter any Colorado income tax claimed as a deduction in thecomputationofthefederaltaxableincome.Line 6Enterthesumofallotherqualifyingadditions.Forthisline,youmustfurtherexplainyourbasisforthisadjustment.IfyouareusingRevenueOnline,submitthisexplanationtoyour return electronically with the E-Filer Attachment option. Otherwise, use the DR 1778 or attach a written statement to your paper return. We recommend that you read publicationFYIIncome58ifthisappliestoyou:

• Interest income – the amount of state or municipal obligationsthatwerenotincludedinfederaltaxableincome.DONOTincludebondpremiumamortization,oranyinterestearnedfrombondsissuedbyanystateorpoliticalsubdivision,excludinganybondsissuedbytheStateofColoradooritspoliticalsubdivisionsonorafterMay1,1980.QualifyinginterestshallbenetofanyexpenserequiredtobeallocatedtheretobytheInternalRevenue Code for federal income tax purposes. See publicationFYIIncome52formoreinformation.

• Foreign-source income - the amount of any income, warprofits,orexcessprofitstaxespaidoraccruedtoany foreign country or to any possession of the United States that were claimed as a deduction of the federal return.

•GrossConservationEasementcharitablecontribution–Anycharitabledeductiontakenonthefederalreturnfora gross conservation easement that has also claimed for a Colorado tax credit. Complete form DR 1305 Part D.

Line 7ThislineisautomaticallycalculatedbyRevenueOnline,orenter the sum of lines 3 through 6iffilingapaperreturn.

SubtractionsLine 8Enter any income that is included on line 1, which is derivedfromanyU.S.governmentbondinterestandanyinterestordividendincomeonobligationssecuritiesofany authority, commission, or instrumentality of the United States to the extent that such income is exempt from state taxationbyfederallaw.WerecommendthatyoureadpublicationFYIIncome20ifthisappliestoyou.

Line 9Enter any income that is included on line 1, which is derivedfromforeignincomethatqualifiesasexcludableforeignsourceincome.ExcludableforeignsourceincomemeanstaxableincomefromsourcesoutsidetheUnitedStatesasusedin§862oftheInternalRevenueCode.Excludableforeignsourceincomeshallalsobeomittedindetermining the Colorado sales factor on Schedule SF. We recommendthatyoureadpublicationFYIIncome58ifthisapplies to you.

• The corporation has elected to claim foreign tax paid or accrued as a deduction on the federal income tax return andthereforetheColoradoexclusioncanequalthatofthe federal deduction.

• The corporation has elected to claim foreign tax paid or accrued as a credit on the federal income tax return andthereforetheColoradoexclusioniscalculatedbyexcluding section 78 dividend gross up from the total foreignsourceincome,thenmultiplyingbyafraction,the numerator of which is the federal foreign tax credit, andthedenominatorbeingtheforeignsourceincome(excludingsection78dividendgrossup),multipliedbythe effective federal corporation income tax rate (federal corporateincometaxdividedbyfederalcorporatetaxableincome).Excludableforeignsourceincomemay not exceed total foreign-source income excluding section 78 dividend gross up. Foreign source income fromaforeigncorporationwithanaffiliatedgroupofcorporationsshallbedeterminedwithoutregardto§882(a)(2)oftheInternalRevenueCode.

Line 10Enter up to $100,000 of any income that is included on line 1, which is derived from Colorado-source capital gain. This isincomeearnedfromthesaleofrealortangiblepersonalpropertythatislocatedinColorado,wasacquiredonorafterMay 9, 1994, and was continuously held for at least 5 years prior to the transaction date from which the capital gains arise.CompleteandsubmitformDR1316.RevenueOnlineallowsyoutodirectlyenterDR1316byclickingtheEDITbutton.Paperfilersshouldattachthisformtotheirreturn.Takeprecautiontocompletelyfillouteveryfieldofthisform.Beasdetailedaspossible,especiallywhenprovidingpropertydescriptions,ownership,anddatesofacquisitionand sale.Line 11ForColorado-licensedmarijuanabusinesses,listanyexpenditurethatiseligibletobeclaimedasafederalincometaxdeductionbutisdisallowedbysection280EoftheInternalRevenueCodebecausemarijuanaisacontrolledsubstanceunderfederallaw.To calculate this deduction, you must create pro forma federalschedule(s)forBusinessProfitorLossasifthefederal government would have allowed the expenditures fromthemarijuanabusiness.TheColoradodeductionshallbethedifferencebetweentheprofit/lossascalculatedontheACTUALschedule(s)filedwiththefederalreturnandtheproformaschedule(s)describedabove.Youmustattachboththe pro forma schedule(s) and the actual schedule(s) to your Colorado return to receive this deduction.Line 12Enterthesumofallotherqualifyingsubtractions.Forthisline,youmustfurtherexplainyourbasisforthisadjustment.IfyouareusingRevenueOnline,submitthisexplanationto your return electronically using the E-Filer Attachment option. Otherwise, use DR 1778 or attach a written statement to your paper return. We recommend that you readpublicationFYIIncome58ifthisappliestoyou:

• Colorado income tax refund–the amount of any Colorado income tax refund that was included on line 3.

•Grossupprovisions–theamountofanyIRCsection78gross up provisions that was included on line 3.

• Various credits–the amount of any salary or wage expensethatwasnotallowedasafederaldeductionbythe IRS due to the provisions of the Indian employment credit, work opportunity credit, empowerment zone employment credit, orphan drug credit, the credit for increasing research activities, employee retention credit, welfare-to-work credit, or mine rescue team training credit.

Line 13ThislineisautomaticallycalculatedbyRevenueOnline,orenter the sum of lines 8 through 12iffilingapaperreturn.

Taxable IncomeLine 14ThislineisautomaticallycalculatedbyRevenueOnline,orcalculateyourmodifiedfederaltaxableincomebysubtractingline13 from line 7iffilingapaperreturn.Line 15ThislineisautomaticallycalculatedbyRevenueOnline,orentertheColoradotaxableincome.Forthosefilingapaper return, this amount is transferred from line 14 if not apportioning income. Otherwise, corporations that are apportioningincome,thisamountshallbetransferredfromline 16 of Schedule SF.Line 16Enter the Colorado net operating loss deduction. This amount is calculated in the same manner as the federal net operating loss deduction, except that in the case of a corporation apportioning income, it is the part of the federal netoperatingloss(asmodified)thatisfromColoradosources.Coloradonetoperatinglossesmaybecarriedforward20yearsfortaxyearsbeginningonorafterAugust6,1997.Theymaynotbecarriedback.Federallimitationsoncarryoverlossesbetweenpredecessorandsuccessorcorporations apply to Colorado income tax as well. We suggestthatyoureadpublicationFYIIncome19ifthisapplies to you. Line 17ThislineisautomaticallycalculatedbyRevenueOnline,orcalculateyourColoradotaxableincomebysubtractingline16 from line 15iffilingapaperreturn.

TaxLine 18Calculate your Colorado tax. This is automatically entered byRevenueOnline.Iffilingapaperreturn,multiplyline17 bythetaxrateof4.63%.

CreditsLine 19Complete Form 112CR to calculate this line. If you are usingRevenueOnlinethisfieldwillautomaticallypopulatewhen you complete the Form 112CR, or transfer the amountofnonrefundablecreditsfromline23 of Form 112CRiffilingapaperreturn.Line 20Use your tax software, Revenue Online or form DR 1366 tocalculatethetotalamountofnonrefundableenterprisezonecreditsbeingusedtooffsetthecurrentyeartaxliability.Thetotalnonrefundableenterprisezonecreditusedcannotexceed the amount of line 18. Line 21NetTax-thisisautomaticallyenteredbyRevenueOnline.Iffilingapaperreturn,subtractline19 and 20 from line 18.

Line 22CorporationsrequiredtorecapturefederalinvestmentcreditswithrespecttoColoradoassets,mustrecapturethe“old”Colorado investment credits as well. Include any investment credit recapture, historic property preservation credit recapture, low income housing credit recapture, or any other creditrecapture.SubmitanattachmenttoRevenueOnline,or a paper statement to your mailed return that itemizes each recaptured amount calculated for this line.Line 23ThislineisautomaticallycalculatedbyRevenueOnline,orenter the sum of lines 21 and 22iffilingapaperreturn.Line 24Carefullyreviewpaymentrecordsbeforecompletingthis line. Use Revenue Online (www.Colorado.gov/RevenueOnline) to verify estimated taxes paid on the account. Doing so will reduce processing delays. Allow ample time to sign up for Revenue Access and to receive theAuthenticationCodeforfirsttimeuse.Entertheamountof credit for prepayments. Include the sum of the following on line 24.

• Estimated tax payments for 2015• Any overpayment from 2014 that was carried forward to 2015

Extension payment(s)• Payments remitted with DR 1079 to satisfy withholding requirementsforthesaleofColoradorealestate

Line 25EntertheamountofwithholdingreportedonformW-2Gmadeonlotteryorgamblingwinnings.Thisisrareandwillnot apply to most taxpayers.

Line 26GrossConservationEasementCredit.CompleteallapplicablepartsofformDR1305.Entertheamountfromline33ofDR1305G.

Line 27Innovative Motor Vehicle Credit from Form DR 0617Line 28Business Personal Property Credit for C-Corporation Business OwnersThiscreditisonlyavailableifbusinesspersonalpropertytax was paid to a Colorado county in 2015 and the businesshadbusinesspersonalpropertyof$15,000orless.Submitacopyoftheassessor’sstatementwithyourreturn.Table 1–Matchyourfederaltaxableincomeamountfromline 1 of the 112 form.

Amount from Form 112 line 1 Credit rate$0 - $50,000 .8037$50,001 - $75,000 .7037$75,001 - $100,000 .6137$100,001 - $335,000 .5637$335,001 - $10,000,000 .6137$10,000,001 - $15,000,000 .6037$15,000,001 - $18,333,333 .5737Over $18,333,333 .6037

Business personal property credit calculation worksheet:

Entertheamountofbusinesspersonal property tax paid in 2015 A _____________EntertheCreditRatefromTable1 that corresponds with your FederalTaxableIncome B _____________Multiply line A times line B to calculate the credit allowed, enter on Form 112 line 28 $ _____________

Line 29RenewableEnergyTaxCredit.Entertheamountfromline88 of form DR 1366.Line 30ThislineisautomaticallycalculatedbyRevenueOnline,orenter the sum of lines 24 through 29iffilingapaperreturn.If the amount of line 23 exceeds the amount of line 30, additional tax is due with this return and continue to line 31. If not, go to line 36. Line 31Nettaxdue–thisamountiscalculatedautomaticallybyRevenueOnline,orsubtractline30 from line 23iffilingapaper return.Line 32Calculateanypenaltyowedfordelinquentfilingorpayment.Thepenaltyis5%ofthenettaxdueforthefirstmonth after the due date, and ½% for each additional month past the due date. The minimum penalty is $5 and the maximum penalty is 12%. Or, if you prefer not to calculatethispenalty,theDepartmentwillbillyouifdue.

Line 33Calculateanyinterestowedfordelinquentfilingorpayment. The interest rate is 3% of the net tax due. Or, if you prefer not to calculate this interest, the Department willbillyouifdue.Interestonanybillissuedthatremainsunpaid after 30 days of issuance will increase to 6%.Line 34To calculate this penalty, complete Form 205. Enter any estimated tax penalty owed on this line.Line 35Total Tax Due–enter the sum of lines 31 through 34. Paymentcanbemadeelectronicallyat:

• www.Colorado.gov/RevenueOnline; or• www.Colorado.gov/Revenue/EFT or• Mail to – Colorado Department of Revenue, Denver CO

80261-0006Line 36Overpayment –thisamountiscalculatedautomaticallybyRevenueOnline.Otherwise,subtractline30 from line 23.Line 37Entertheamount,ifany,youwouldliketobeavailablefor2016 estimated tax.Line 38Refund –subtractline37 from line 36. This is the amount of your refund. You have the option of authorizing a transaction bytheDepartmenttodirectlydepositthesefundstoyourbankaccount.Otherwise,arefundcheckwillbemailedtothe address you have designated on this return. If you use Direct Deposit, you will receive your refund 1 to 2 weeks faster than if you wait for a paper check.

Direct DepositEntertheroutingandaccountnumbersandaccounttype.Includehyphens,butdoNOTenterspacesorspecialsymbols.Werecommendthatyoucontactyourfinancialinstitution to ensure you are using the correct information and that they will honor a direct deposit.

Intercepted RefundsThe Department will intercept your refund if you owe backtaxesorifyouoweabalancetoanotherColoradogovernment agency or the IRS.

Section CEnter the name, phone, and address of the party responsibleformaintainingthebooksbelongingtothiscorporation.

Section DEnterthe6-digitNorthAmericanIndustryClassificationSystem(NAICS)numberthatbestdescribesthepurposeofthisbusiness.Usethesamecodeusedonthefederalreturn.

Section EEntertheyearthecorporationbegandoingbusinessinColorado.

Section FDesignate whether the paid preparer can discuss this return with the Department. By completing this area of the return,youaregrantingthedesigneetheabilityto:

• Provide any missing information needed for the processing of your return; and

•CalltheDepartmentforinformationaboutyourreturn,including the status of your refund or processing time; and

•Receiveuponrequestcopiesofnotices,bills,ortranscripts related to your return; and

•Respondonyourbehalftonoticesaboutmatherrors,intercepts,andquestionsaboutthepreparationofyourreturn.

This designation does not allow the third party to receive yourrefundcheck,bindyoutoanything(includinganyadditionaltaxliability),orotherwiserepresentyoubeforethe Colorado Department of Revenue. If you would like to expand the designee’s authorization, complete the DR 0145, Power of Attorney for Department Administered Tax Matters.

Section G – HCompletethedataasrequested.

SignatureThelawrequiresthereturntobesignedunderpenaltyofperjury.Personsauthorizedtosignthisreturnmusteitherbethepresident,vicepresident,treasurer,assistanttreasurer,chiefaccountingofficer,orotherofficerthatisdulyauthorizedtoactonbehalfofthecorporation.Incaseswherereceivers,trusteesinbankruptcy,orassigneesareoperatingthepropertyorbusinessofcorporations,such receivers, trustees, or assignees shall make returns for such corporations in the same manner and form as corporationsarerequiredtomakereturns.

AmendmentsIfanamendedreturnisfiledwiththeIRS,oriftheIRSchanges the content of the return, an amendment must befiledwithColorado.UseRevenueOnlineortheForm112X to amend the Colorado return. If the corporation operates in multiple states, the Department will accept the revenue agent report (RAR) in lieu of an amended return. BesuretolisttheColoradoaccountnumberontheRARbeforemailingacopytoColoradoDepartmentofRevenue,Denver CO 80261-0006.Caution: federal adjustments must be reported to the Colorado Department of Revenue. See §39-22-601(6), C.R.S. for information about the statute of limitations.

Form 112 (12/04/15) COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0006

(0023)

2015 -or-

Fiscal Year Beginning (MM/DD/15)

2015Year Ending (MM/DD/YY)

Name of Corporation ColoradoAccountNumber

Address FEIN

City State Zip

Final Return Ifyouaresubmittingastatementdisclosingalistedorreportedtransaction,markthisbox

A. Apportionment of Income.Thisreturnisbeingfiledfor:

(42) A corporation not apportioning income; (45) A corporation electing to pay a tax on its gross Colorado sales;

(43)Acorporationengagedininterstatebusiness apportioning income using single-factor apportionment(ScheduleSFrequired);

(46) A corporation claiming an exemption under P.L.86-272;

(44)Acorporationengagedininterstatebusiness apportioning income using special regulation (Sched-uleSFrequired);

(47) Otherappointmentmethod,mustbepre-approvedbythedepartment(fillinbelow)

B. Separate/Consolidate/Combined Filing.Thisreturnisbeingfiledfor:

Asinglecorporationfilingaseparatereturn; Anaffiliatedgroupofcorporationsrequiredtofileacombinedreturn(ScheduleCrequired.);

Anaffiliatedgroupofcorporationselectingtofilea consolidated return. Warning: suchelectionisbindingforfour years. If your election was made in a prior year, enter theyearofelectioninlinebelow.(ScheduleCrequired);

Anaffiliatedgroupofcorporationsrequiredtofileacombinedreturnthatincludesanotheraffiliated,consolidatedgroup(ScheduleCrequired.)

Enter the year of election (YYYY)

Federal Taxable Income Round to nearest dollar

1. FederaltaxableincomefromFederalform1120or990-T 1 00

2. Federaltaxableincomeofcompaniesnotincludedinthisreturn 2 00

3. Netfederaltaxableincome,line1minusline2 3 00Additions

4. Federal net operating loss deduction 4 00

5. Colorado income tax deduction 5 00

6. Other additions, include explanation 6 00

7. Total of lines 3 through 6 7 00

Departmental Use Only

*150112==19999*

Colorado C Corporation Income Tax Form 112

Do not submit federal return, forms or schedules when filing this return.

Form 112*150112==29999*Name AccountNumber

Subtractions8. Exempt federal interest 8 00

9. Excludableforeignsourceincome 9 00

10. Coloradosourcecapitalgain(assetsacquiredonorafter5/9/94,heldfiveyears) 10 00

11. ColoradoMarijuanaBusinessDeduction 11 00

12. Othersubtractions,includeexplanation 12 00

13. Total of lines 8 through 12 13 00Taxable Income

14. Modifiedfederaltaxableincome,line7minusline13 14 00

15. Coloradotaxableincomebeforenetoperatinglossdeduction 15 00

16. Colorado net operating loss deduction 16 00

17. Coloradotaxableincome,line15minusline16 17 00

18. Tax, 4.63% of the amount on line 17 18 00Credits

19. Totalnonrefundablecreditsfromline23,Form112CR(maynotexceedtaxonline18) 19 00

20. Non-refundableEnterpriseZonecreditsused–ascalculated,orfromDR1366line87 20 00

21. Net tax, line 18 minus lines 19 and 20 21 00

22. Recapture of prior year credits 22 00

23. Total of lines 21 and 22 23 00

24. Estimated tax and extension payments and credits 24 00

25. W-2GWithholdingfromlotterywinnings 25 00

26. GrossConservationEasementCreditfromDR1305Gline33 26 00

27. Innovative Motor Vehicle Credit from form DR 0617 27 0028. BusinessPersonalPropertyCredit:UsetheworksheetintheDR112book

instructionstocalculate,submitcopyofassessor’sstatement 28 00

29. RenewableEnergyTaxCreditfromline88offormDR1366 29 00

30. Total of lines 24 through 29 30 00

31. Nettaxdue.Subtractline30fromline23 31 00

32. Penalty 32 00

Do Not Submit Federal Return, Forms or Schedules when Filing this Return

Form 112*150112==39999*

33. Interest 33 00

34. Estimated tax penalty due 34 00

35. Total due. Enter the sum of lines 31 through 34 35 00

36. Overpayment, line 30 minus line 23 36 00

37. Amount from line 36 to carry forward for future year estimated tax 37 00

38. Amountfromline36toberefunded 38 00

Name AccountNumber

DirectDeposit

RoutingNumber Type: Checking Savings

AccountNumber

Pay electronically at www.Colorado.gov/RevenueOnline or Mail and Make Checks Payable to: Colorado Department of Revenue Denver, CO 80261-0006

TheStatemayconvertyourchecktoaonetimeelectronicbankingtransaction.YourbankaccountmaybedebitedasearlyasthesamedayreceivedbytheState.Ifconverted,yourcheckwillnotbereturned.Ifyourcheckisrejectedduetoinsufficientoruncollectedfunds,theDepartmentofRevenuemaycollectthepaymentdirectlyfromyourbankaccountelectronically.

C. Thecorporation’sbooksareincareof:LastName First Name Middle Initial PhoneNumber

( )Address City State Zip

D. Businesscodenumberperfederalreturn(NAICS) E. YearcorporationbegandoingbusinessinColorado

F. May the Colorado Department of Revenue discuss this returnwiththepaidpreparershowbelow (see instructions) Yes No

G. Kindofbusinessindetail

H. HastheInternalRevenueServicemadeanyadjustmentsinthe corporation’sincomeortaxorhaveyoufiledamendedfederalincome tax returns at any time during the last four years?

Yes No

If yes, for which year(s)? (YYYY)

DidyoufileamendedColoradoreturnstoreflectsuchchangesor submitcopiesoftheFederalAgent’sreports? Yes No

LastNameofpersonorfirmpreparingreturn First Name Middle Initial

Address ofpersonorfirmpreparingreturn PhoneNumber( )

City State Zip

Underpenaltiesofperjuryintheseconddegree,IdeclarethatIhaveexaminedthisreturnandtothebestofmyknowledgeistrue,correctandcomplete.Declarationofpreparer(otherthantaxpayer)isbasedonallinformationofwhichpreparerhasanyknowledge.SignatureorTitleofOfficer Date (MM/DD/YY)

ScheduleCmustbecompletedifthecorporationforwhichthereturnisfiledowneda)morethan50percentofthestockofanothercorporationor,b)morethan50percentofthestockofthecorporationforwhichthereturnisfiledwasownedbyanothercorporation.Enterinformationforthecommonparentonline1.Lines2through6areforsubsidiarycorporations.Photocopyandsubmitadditionalsheetsifnecessary.Columns A through CEnter the corporation’s name, address, Colorado Account NumberandFederalEmployerIdentificationNumber.Column DTaxpayerswhoareaffiliatedcorporations,asdescribedabove,andwhohavemorethan20percentoftheirproperty and payroll located within the United States must complete Column D.TheblocksinColumnDarenumberedfromone(1)tosix(6)andcorrespondtothesixnumberedintercompanybusinessrelationshipsdescribedbelow.ForeachaffiliatelistedonScheduleC,markyesornointheblocksofColumnD,toindicatewhetherthebelowdescribedintercompanybusinessrelationshipsdidordidnotexistduring the tax year and the two preceding tax years.Intercompany Business Relationships1. Is 50 percent or more of the corporation’s gross receipts

fromsalesorleasestootheraffiliatesoris50percentor more of the corporation’s cost of goods sold or leasedfromotheraffiliates?

2. Does the corporation receive 50 percent or more of the totalannualvalueofeachoffiveormoreofthefollowingservicesfromotheraffiliates:advertisingandpublicrelations;accountingandbookkeeping;legal;personnel;sales; purchasing; research and development; insurance;employeebenefitprograms.Donotcountserviceswhichareprovidedatan“arm’slengthcharge.”(SeeU.S.TreasuryRegulation1.482-2(b)(3).)

3.Is20percentormoreofthecorporation’slong-termdebtowedtoorguaranteedbyotheraffiliates?Is20percentormoreofanyotheraffiliate’slong-termdebtowedtoorguaranteedbythecorporation?

4. Does the corporation use patents, trademarks, service marks, logos, trade secrets, copyrights or other proprietarymaterialsownedbyotheraffiliates?

5.Are50percentormoreofthemembersofthecorporation’sboardofdirectorsalsomembersoftheboardofdirectorsorcorporateofficersofotheraffiliates?

6. Are 25 percent or more of the corporation’s 20 (twenty) highestrankingofficersalsomembersoftheboardofdirectorsorcorporateofficersofotheraffiliates?

Column EMarktheblockinColumnEifthecorporationisincludedinacombinedreport.Corporationsincludedinacombinedreport must have answered yes to three or more of the intercompanybusinessrelationshipsreferredtoinColumnD.Columns F through IEntercorporation’sownernumber,whetherornottherewas a change in ownership, the ownership percentage and principalbusinessactivity.

Instructions For Schedule C

*150112SF19999*

Name AccountNumber

1. Totalmodifiedfederaltaxableincomefromline14,page2,Form112 1Business Income Apportioned to Colorado By Use of the Sales Factor Donotincludeforeignsourcerevenuesmodifiedoutonline9,page1,Form112

Colorado Total

2. Grosssalesoftangiblepersonalproperty 2

3. Grossrevenuefromservices 3

4. Grossrentsandroyaltiesfromrealproperty 4

5. Grossproceedsfromsalesofrealproperty 5

6. Taxableinterestanddividendincome 67. Gainfromthesaleofintangiblepersonal

property 7

8. Patent and copyright royalties 89. Revenue from the performance of purely

personal services 910. Total revenue (total of lines 2 through

9 in each column) 10

11. Line10(Colorado)dividedbyline10(Total) 11Complete Lines 12 and 15 only if nonbusiness income is being directly allocated. If all income is being treated as business income, enter 0 (Zero) on Lines 12 and 15.

12. Lessincomedirectlyallocable

NonbusinessIncome

Only

(a) Net rents and royalties from real or tangibleproperty

(b)Capitalgainsandlosses

(c) Interest and dividends

(d) Patents and copyright royalties

(e)Othernonbusinessincome

(f)Totalincomedirectlyallocable[addlines(a)through(e)] 12

13. Modifiedfederaltaxableincomesubjecttoapportionmentbyformula,line1lessline12 13

14. IncomeapportionedtoColoradobyformula,line11multipliedbyline13 14

Do not submit federal return, forms or schedules when filing this return. continued on page 14

2015 Schedule SF — Single Factor Apportionment Schedule

Form 112 Schedule SF (08/06/15)

15. AddincomedirectlyallocabletoColorado:

Nonbusiness Income

Only

(a) Net rents and royalties from realortangibleproperty

(b)Capitalgainsandlosses

(c) Interest and dividends (d) Patents and copyright

royalties

(e)Othernonbusinessincome

(f)Totalincomedirectlyallocable[addlines(a)through(e)] 15

16. Total income apportioned to Colorado, line 14 plus line 15. Enter on line 15, page 2, Form 112 16

17. Pursuant to§39-22-303.5(6)C.R.S.,taxpayerelectstotreatnonbusinessincomeasbusinessincomefor:

Tax year ending (MM/DD/YY)

*150112SF29999*Name AccountNumber

*150112C=19999*

Parent1. A. Name of Corporation B.ColoradoAccountNumber

Address of Corporation City State Zip C. FEIN

D. Intercompany Business Relationships (See Instructions)

1.

Yes

No 2.

Yes

No 3.

Yes

No 4.

Yes

No

5.

Yes

No 6.

Yes

No

E.Markifcorporationisincludedincombinedreturn

I. Principalbusinessactivity

2. A. Name of Corporation B.ColoradoAccountNumber



1.

Yes

No 2.

Yes

No 3.

Yes

No 4.

Yes

No

5.

Yes

No 6.

Yes

No

E.MarkifcorporationisincludedincombinedreturnF. Ownedbycorporationnumber

G.Changeinownership%duringtaxableperiod Yes No

H. %ofownershipcloseoftaxableperiod





1.

Yes

No 2.

Yes

No 3.

Yes

No 4.

Yes

No

5.

Yes

No 6.

Yes

No


F. Ownedbycorporationnumber

G.Changeinownership%duringtaxableperiod

Yes

No



Form 112 Schedule C (07/23/15)

Schedule C — Colorado Affiliations ScheduleDo not submit federal return, forms or schedules when filing this return.

Name AccountNumber




1.

Yes

No 2.

Yes

No 3.

Yes

No 4. Yes

No

5.

Yes

No 6.

Yes

No




Yes

No






1.

Yes

No 2.

Yes

No 3.

Yes

No 4.

Yes

No

5.

Yes

No 6.

Yes

No




Yes

No






1.

Yes

No 2.

Yes

No 3.

Yes

No 4.

Yes

No

5.

Yes

No 6.

Yes

No




Yes

No



Photocopy and submit additional pages as needed

*150112C=29999*

Submit the following information with your tax return• Usethisscheduletodeterminewhichtaxcreditsyouareeligibletoclaim.• Besuretosubmittherequiredsupportingdocumentationforeachcredit.• Moste-filesoftwareproductsandtaxpreparershavetheabilitytosubmitthisscheduleandattachmentselectronically.RevenueOnlinecanalsobeusedtofileyourreturnandattachmentselectronically.Otherwise,attachallrequireddocumentstoyourpaperreturn.

• Dollaramountsshallberoundedtothenearestwholedollar.Calculatepercentagestotheseconddecimalplace.Name of Corporation ColoradoAccountNumber

Pass-through Entity Name Ownership % EntityAccountNumber

EnterinColumn(A)thetotalcreditgeneratedin2015andanycarryforwardcreditthatisavailablefromaprioryear.EnterinColumn(B)theportionofthecreditinColumn(A)thatisbeingusedtooffsettaxin2015.IfColumn(A)islargerthanColumn(B)andthecreditcanbecarriedforwardtofutureyears,enterthecarryforwardamountonline24.

1. Taxliabilityfromline18,Form112 1

A. The New Investment Tax Credit

Column (A) Column (B)

2. $1,000 minus amount on line 7 2

3. Currentyearqualifiedinvestment 3

4. 1% of the amount on line 3 4

5. New investment tax credit carried over from prior year 56. Enter in Column (A) the total of lines 4 and 5. Enter in Column (B)

the lesser of the amount in Column (A) or the amount on line 2 6B. Other Credits

7. Old investment tax credit 7

8. Cropandlivestockcontributioncredit 8

9. Historicpropertypreservationcredit 9

10. ChildCareContributioncredit,submitform(s)DR1317 10

11. Child care center/family care home investment credit 11

12. Employer child care facility investment credit 12

13. School-to-Career investment credit 13

14. Colorado works program credit 14

15. Contaminated land redevelopment credit from line 9 of form DR 0349 15

16. Aircraft manufacturer new employee credit 16

Form 112CR 2015 Credit Schedule for Corporations

*150112CR19999* Form 112CR (09/11/15) COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0006

*150112CR29999*

Column (A) Column (B)

17. ColoradoJobgrowthincentivecredit 17

18. Alternative fuel refueling facility credit 18

19. Certifiedauctiongrouplicensefeecredit 19

20. Advanced Industry Investment credit 20

21. Low-incomehousingcredit,submitCHFAcertification 2122. Creditforfoodcontributedtohunger-reliefcharitable

organizations,submitform(s)DR0346 2223. Totalnonrefundablecredits,addamountsinColumn(B)lines6through22

Enter here and on line 19 of Form 112 23Limitation: The total credits entered on line 23 on this Form 112CR may not exceed the tax on line 1. Most unused portion(s)ofthecreditsonthisform[thedifferencebetweentheamountsinColumn(A)andColumn(B)]foreachlinemaybecarriedforwardtothenextincometaxyear.Pleaselistanycreditstobecarriedforwardtotaxyear2016below.

24. Creditstobecarriedforwardto2016 24

Name AccountNumber

For Tax Year (MM/DD/YY) orfiscalyearbeginning(MM/DD/YY)

Tax Type Individual Income C-Corp Income Partnership Income S-Corp Income LLCIncome

LPIncome LLPIncome LLLPIncome Association Income Non-ProfitIncome

Please print or typeTaxpayerLastName First Name Middle Initial

Spouse Name (if applicable) First Name Middle Initial

Taxpayer SSN Spouse SSN (if applicable) FEIN

Taxpayer address City State Zip

Mark the box for the documents submitted. ForfurtherinformationvisittheDepartmentofRevenueWebsite www.TaxColorado.com.

Other state(s) income tax return(s) ColoradoSourceCapitalGainSubtraction: DR 1316

Enterprise Zone Credit: DR 1366 and any applicablecertificationformsfromtheZone Administrator

JobGrowthIncentiveTaxCredit:Certification letter from the Colorado Department Commission.

GrossConservationEasement:DR1303,DR1304and/or DR 1305 and supplemental documentation.

Low-IncomeHousingCredit:CHFAcertificationletter

Aircraft Manufacturer New Employee Credit: DR 0085 and/or DR 0086

Non-residentPartner,ShareholderorMembersAgreement: DR 0107

Innovative Motor Vehicle Credit: Vehicle registration andthepurchaseinvoiceorbillofsale.

PlasticRecyclingCredit:Requireddocumentationtosubstantiatecredit(receipts,bills,etc)

ChildCareContributionCredit:DR1317 School-to-Career Investment Credit: Certificationletter.

Claimforrefundonbehalfofdeceasedtaxpayer: DR0102,deathcertificate

Otherdocumentationforcredits/subtractionsclaimed(marktheOtherboxbelowandenterdetails)

Other Explain

Signature of Taxpayer or Preparer Date (MM/DD/YY)

*151778==19999*

Instructions for DR 1778

DR 1778 (07/23/15)COLORADO DEPARTMENT OF REVENUEDenver, CO 80261-0006 www.TaxColorado.com

e-Filer Attachment Form

TheDepartmentstronglyrecommendsthatyousubmitthese documents using the e-Filer Attachment option of www.Colorado.gov/RevenueOnline, which eliminates the requirementtomailthisform.Failuretotimelysubmitrequireddocumentationwillresultindenialoftherelatedcredit. Revenue Online e-Filer Attachment provides you withaconfirmationnumberandwillbeavailabletotheDepartment immediately.

Otherwise, complete this form, package it with your documentationandmailtotheaddressbelow.Usingthisform can extend return processing time up to 6 weeks. Colorado Department of Revenue Denver, CO 80261-0006Youmustresubmityoursupportingdocumentationifyoufileanamendedreturn.

Certaincreditsrequiresupplementaldocumentation,ortheymightbedenied.WestronglysuggestthatyousubmityourdocumentationusingtheE-FilerAttachmentoptionthroughRevenueOnline.Otherwise,useformDR1778,supportedefile

software,orattachtoyourpaperreturn.FYIsareavailableatwww.TaxColorado.com

COLORADO DEPARTMENT OF REVENUEDenver CO 80261-0006www.TaxColorado.com

Alternative Fuel Refueling Facility CreditCreditsfrom2006-2010inexcessofthetaxduecanbecarried forward for 5 years.The Old Investment Tax CreditThe old investment tax credit is the sum of the old investment tax credit carry over, the current year old investment tax credit and the old investment tax credit carryback.Thecurrentyearcreditis10percentofthefederalcurrentyearrehabilitation,energyandreforestationinvestment credit on assets located in Colorado. The credit islimitedtothefirst$5,000oftaxliabilityplus25percentofthetaxinexcessof$5,000.Excesscreditmaybecarriedbackthreeyearsandforwardseven.SeepublicationFYIIncome 11 if this applies to you.Crop and Livestock Contribution CreditA25percentcreditisavailableforthedonationofcropsorlivestocktoacharitableorganization.SeepublicationFYIIncome 57 if this applies to you.Historic Property Preservation CreditAcreditof20percentofthecostofrestoringcertifiedhistoricpropertyinColoradoisavailable.SeepublicationFYI Income 1 if this applies to you.Child Care Contribution CreditA75percentcreditisavailableforqualifyingcontributionsmadetopromotechildcareinColorado.SeepublicationFYI Income 35 if this applies to you.Child Care Facility Investment CreditA20percentinvestmentcreditisavailableforcertaintangiblepersonalpropertyusedintheoperationofachildcare center, a family child care home, or a foster care home.SeepublicationFYIIncome7ifthisappliestoyou.

Employer Child Care Facility Investment CreditA10percentinvestmentcreditisavailableforemployersponsoredchildcarefacilityinvestment.SeepublicationFYI Income 7 if this applies to you.

School-to-Career Investment CreditA credit of 10 percent of the current year investment inaqualifiedschool-to-careerprogramisavailable.SeepublicationFYIIncome32ifthisappliestoyou.

Colorado Works Program CreditA credit of 20 percent of an employer’s expenditures to employrecipientsofpublicassistanceisavailable.SeepublicationFYIIncome34ifthisappliestoyou.

Contaminated Land Redevelopment CreditA20to50percentcreditisavailableforexpendituresmadeto redevelop contaminated land in Colorado. This credit mayonlybeusedasacarryforwardfromprioryears.SeepublicationFYIIncome42ifthisappliestoyou.

Aircraft Manufacturer New Employee CreditAcreditisavailabletoqualifiedaircraftmanufacturers locatedinanaviationdevelopmentzone.SeepublicationFYI Income 62 if this applies to you.

Job Growth Incentive CreditCreditsareapprovedandcertifiedbytheColoradoEconomicDevelopmentCommission.AcreditcertificateissuedbytheCommissionmustbesubmittedwithanyreturnclaimingthiscredit.SeepublicationFYIIncome66ifthis applies to you.

instructions, form 112 and related forms · you will need information from your . ... form 112”...

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