The Colorado DR 6597 form is a document issued by the Colorado Department of Revenue that serves as a Waiver of Statute of Limitations for individuals seeking a payment reduction on their wage garnishment. By signing this form, taxpayers agree to extend the time allowed for the state to collect outstanding debts. This process ensures that any refunds requested during the payment reduction period will be applied to the existing tax balance, leading to adjustments in the wage garnishment.
The Colorado DR 6597 form is a critical document utilized by individuals facing wage garnishment who seek to reduce their payment obligations. This form is specifically designed for taxpayers who wish to request a payment reduction on their current wage garnishment while simultaneously waiving the statute of limitations for the collection of the associated debt. To initiate this process, the taxpayer must provide personal information, including their last name, first name, middle initial, Colorado account number, address, and phone number. The form outlines the agreement terms, indicating that any refund requested during the payment reduction period will be applied directly to the outstanding tax balance, which may lead to a revision of the wage garnishment. By signing the form, the taxpayer acknowledges their understanding of the terms and consents to the waiver, thereby allowing the Colorado Department of Revenue to extend the time allowed for debt repayment. Completed forms should be mailed to the Colorado Department of Revenue for processing, with a photocopy retained for personal records.
DR 6597 (09/26/13)
COLORADO DEPARTMENT OF REVENUE
Denver CO 80261-0005
*136597==19999*
Waiver of Statute of Limitations
In order to process your request for a payment reduction on your current wage garnishment, we need a copy of this signed Waiver of Statute of Limitations on ile. The payment reduction will represent the State’s extension of time to pay
off the debt.
Any refund requested during the payment reduction will be applied to the outstanding tax balance and your wage garnishment revised accordingly.
Taxpayer Last Name
First Name
Middle Initial
Colorado Account Number
Address
City
State
Zip
Phone Number
(
)
Source: COL
Garnishment Payment Reduction
I agree to the terms of this Garnishment Payment Reduction and by doing so, waive the statute of limitations for the collection of this debt.
Taxpayer signature
Date
Sign and mail to: Colorado Department of Revenue,
Photocopy for your records
CDOR Use Only
Denver, CO 80261-0005
When navigating the complexities of wage garnishment in Colorado, several forms and documents may accompany the Colorado DR 6597 form. Each of these documents serves a specific purpose, aiding in the resolution of tax-related issues. Understanding these forms can empower individuals to manage their financial obligations more effectively.
Being aware of these additional forms can significantly ease the process of managing wage garnishments and related tax matters. Each document plays a vital role in ensuring that taxpayers can navigate their financial responsibilities with clarity and confidence.
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Once you have the Colorado DR 6597 form in front of you, you’re ready to begin the process of filling it out. This form is essential for requesting a payment reduction on your wage garnishment. Make sure to have your personal information and any relevant details handy as you complete it.
After submitting your form, the Colorado Department of Revenue will process your request. Keep an eye on your mail for any updates regarding your wage garnishment and payment reduction status.
The Colorado DR 6597 form, which serves as a Waiver of Statute of Limitations for wage garnishment payment reduction, shares similarities with the IRS Form 12257. This form is used to request a Collection Due Process hearing with the IRS. Both documents require a taxpayer's signature and acknowledgment of terms, allowing for a temporary pause or alteration in the collection process. Just as the DR 6597 facilitates a payment reduction, Form 12257 can lead to a resolution of tax disputes, giving taxpayers a chance to negotiate their debts without immediate enforcement actions.
Another document akin to the Colorado DR 6597 is the IRS Form 9465, the Installment Agreement Request. Like the DR 6597, this form allows taxpayers to propose a payment plan for their tax debts. Both forms require detailed personal information and a signature, indicating the taxpayer’s agreement to the terms laid out. The essence of both documents lies in providing relief to taxpayers struggling with debt, allowing them to manage their obligations over time rather than facing immediate garnishment or collection efforts.
The Colorado DR 6597 also resembles the Bankruptcy Form 22C, which is used to determine disposable income in Chapter 13 bankruptcy cases. Both forms address financial hardships and provide a structured approach to debt resolution. While the DR 6597 focuses on state tax debt and garnishments, Form 22C helps establish a repayment plan to creditors. Both documents require accurate financial disclosures and aim to create a manageable path forward for individuals facing financial difficulties.
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Additionally, the Colorado DR 6597 is similar to the Request for Relief from a Tax Levy form used by various states. This document allows taxpayers to request a halt on tax levies, similar to how the DR 6597 seeks to reduce wage garnishments. Both forms emphasize the need for a taxpayer's agreement to specific terms and conditions, providing a framework for negotiating debt repayment or relief. They serve as essential tools for taxpayers seeking to manage their financial obligations effectively.
Lastly, the Colorado DR 6597 can be compared to the Offer in Compromise (OIC) form used by the IRS. This form allows taxpayers to settle their tax debts for less than the full amount owed. Both documents require a thorough understanding of the taxpayer’s financial situation and a commitment to adhere to the agreed-upon terms. While the DR 6597 focuses on modifying existing payment arrangements, the OIC aims for a complete settlement, showcasing different approaches to resolving tax liabilities while still prioritizing taxpayer rights.
The Colorado DR 6597 form is a document used by taxpayers in Colorado to request a payment reduction on their current wage garnishment. By submitting this form, taxpayers agree to waive the statute of limitations for the collection of the debt, allowing for an extension of time to pay off the owed amount.
Any taxpayer in Colorado who is currently facing wage garnishment and wishes to request a reduction in their payment should complete the DR 6597 form. This form is particularly relevant for those who may be struggling to meet their current payment obligations due to financial hardship.
The form requires several key pieces of information, including:
Additionally, the taxpayer must sign and date the form to acknowledge their agreement to the terms outlined.
By waiving the statute of limitations, you are allowing the state more time to collect the debt. This means that the state can continue to pursue the collection of your tax liability beyond the usual time limits. However, it may also provide you with the opportunity to negotiate a more manageable payment plan during this extended period.
Once you submit the DR 6597 form to the Colorado Department of Revenue, they will review your request. If approved, the payment reduction will be applied to your wage garnishment. Any refunds you request during this period will be used to reduce your outstanding tax balance, and your wage garnishment will be adjusted accordingly.
After completing the DR 6597 form, send it to the following address:
Colorado Department of Revenue Photocopy for your records Denver, CO 80261-0005
While there is no specific deadline mentioned for submitting the DR 6597 form, it is advisable to submit it as soon as possible after receiving notice of wage garnishment. Prompt action can help ensure that you are considered for a payment reduction and that your financial situation is addressed in a timely manner.
Yes, assistance is available for filling out the DR 6597 form. Taxpayers can seek help from tax professionals, legal consultants, or local taxpayer assistance centers. These resources can provide guidance on how to complete the form accurately and effectively.
When filling out the Colorado DR 6597 form, there are important dos and don'ts to keep in mind. Follow these guidelines to ensure your submission is accurate and complete.