Colorado State Tax question-Pension & Annuity Subtraction

[4LESSTAXES]

Colorado State allows a partial subtraction for pension and annuity income. I took a distribution from my 401k. Would that qualify for the subtraction?

[ErnieS0]

401(k) withdrawals do qualify for Colorado pension and annuity subtraction, unless it is a premature distribution from a self-employed retirement account plan such as a solo 401(k). Premature distributions from an employer plan will qualify.

All normal 401(k) distributions will qualify.

See Colo. Code Regs. 39-22-104(4)(f)

[4LESSTAXES]

Thank you for your response, but I wanted to clarify my question to be sure.  I am 61 years old and I have not retired  from my job yet.  In 2021 I took a withdrawal from my employer 401k plan.  Does that still qualify me for the Pension & Annuity Substraction on my Colorado State tax return. 

[JohnW152]

Yes, the distribution qualifies for the subtraction on your Colorado return.