Colorado Estate Taxes

Colorado's estate tax is a "pick-up" tax equal to the state death tax credit under federal estate tax law. Since this credit has been repealed for the period from 2005 through 2010, there are currently no estate taxes imposed by the state.

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.