Colorado Estate Taxes

The Colorado estate tax is designed to absorb the federal estate tax credit for state death taxes. No additional estate tax is imposed.

Returns. The estate's personal representative, qualified heir, distributee, or trustee is required to file a Colorado estate tax return and a copy of the federal return with the Colorado Department of Revenue. The returns and any taxes owed are due within nine after death. Although it has no separate extension provisions for filing or payment of estate tax, Colorado does honor extensions approved by the IRS.

Generation-skipping transfer tax. Colorado imposes a generation-skipping transfer tax equal to the federal credit.