Colorado Rental - CA resident - Does CO expect a return?

[BulldogTom]

New client today.  Has a very simple return.  SS, interest and a rental property in CO.  Prior return preparer has the Fed and CA return, but nothing for CO.  I am not an expert on CO law.  Does a CO return need to be filed for the rental activity?

 

I will research later when I have some time, but thought I would ask here if there was someone who knows.

 

Thanks in advance.

 

Tom

Newark, CA

[MsTabbyKats]

I always do a non-resident return for the state where there is rental property.  

[jklcpa]

I think you need to file CO based on this, from the instruction booklet:

Filing Information
Who Must File This Tax Return
Each year you must evaluate if you should file a Colorado income tax return. Generally, you must file this return if you were:

• A full-year resident of Colorado; or
• A part-year Colorado resident who receives taxable income while residing here; or
• Not a resident of Colorado, but receives income from sources within Colorado;

and

• Are required to file a federal income tax return with the IRS for this year; or
• Will have a Colorado income tax liability for this year.