House Bill 23-1277 made several changes for pass-through entities for tax years 2024 and later. These changes resulted in the elimination of form DR 0108 and affected nonresident composite returns and form DR 0106K.
The bill also made changes to the reporting requirements for partnerships that have federal adjustments resulting from either an IRS audit or an administrative adjustment request filed by the partnership. As part of the process to implement these changes, the Department has shared a draft rule and other related materials with the public.