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Colorado K-1 and adjustments to Colorado Income
When preparing my Colorado state return, how do I calculate the following:
"Schedule K-1 Decreases"
"Enter the following for each fiduciary (trust) or partnership adjustment from your Colorado Schedules K-1 that decreases the amount reported on the corresponding federal Schedule K-1. Enter amounts as positive numbers."
My question: What number do I calculate or enter from my Colorado K-1 for Schedule K-1 Decreases?
Thanks!
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‎April 10, 2023
12:57 PM