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Returning Member
posted Mar 22, 2023 6:56:18 AM

Should Turbo tax remove CO taxable income on line 9 on amended return? It did not subtract line 8 from 7. It put 0. Need to amend due to forgetting the Sr. Housing Credit

Seems like an error in the program and if so how do I override it?

0 1 193
1 Replies
Expert Alumni
Mar 22, 2023 7:12:02 PM

Line 9 on Colorado Form 104 says to subtract line 8 (deductions) from line 7 (adjusted income) to arrive at Colorado taxable income, line 9. It would be $0 if line 8 was more than line 7, as that would make the taxable income negative. If you mean line 7 is more than line 8, then there would appear to be a calculation error and there would be no way to overide line 9.