Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
userlwek74
New Member

I filed a 2016 CO tax return that had a turbotax error in the capital gains credit. How do I get the penalties/interest paid back to me on the assessment I received.

 
2 Replies
DoninGA
Level 15

I filed a 2016 CO tax return that had a turbotax error in the capital gains credit. How do I get the penalties/interest paid back to me on the assessment I received.

See this TurboTax support FAQ for filing an Accuracy Guarantee claim - https://ttlc.intuit.com/community/troubleshooting/help/how-to-submit-documentation-for-accuracy-guar...

TomD8
Level 15

I filed a 2016 CO tax return that had a turbotax error in the capital gains credit. How do I get the penalties/interest paid back to me on the assessment I received.

Don't know if this is the "credit" you're referring to, but here are CO's rules on the Capital Gains Subtraction:

https://www.colorado.gov/pacific/sites/default/files/Income15.pdf 

 

Note that real estate purchased before May 9, 1994, or on or after June 4, 2009, does not qualify.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
Dynamic AdsDynamic Ads
Privacy Settings
v