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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 15723
Experience:  15years with H & R Block. Divisional leader, Instructor
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If I am living in Florida and get a commission on sale of

Customer Question

If I am living in Florida and get a commission on sale of asset located in Colorado, do I have to pay Colorado Income Tax on it?
JA: The Accountant will know how to help. Please tell me more, so we can help you best.
Customer: I do not live in Colorado but get a commission on sale of mining property in Colorado. Do I have to pay a Colorado tax on that commission?
JA: Is there anything else important you think the Accountant should know?
Customer: No
Submitted: 11 months ago.
Category: Tax
Expert:  Robin D. replied 11 months ago.

Hello, I'm Robin. Welcome to JustAnswer. I'm reviewing your question now and typing up my reply. I'll post that in just a few moments.

Expert:  Robin D. replied 11 months ago.

A nonresident is required to file a Colorado income tax return if they:

• are required to file a federal income tax return, and

• had taxable Colorado-source income.

If the mine was in Colorado then the commission is sourced to Colorado. The commission is included in your federal return so Colorado would expect to see a reporting on a Colorado non resident return for this as well.

Expert:  Robin D. replied 11 months ago.

Please let me know if you need clarification. If you do not then a positive 5 star rating is appreciated so I get credit for the response. (look for the STARS or SMILEY FACES)