It's important to review each tax return line by line to understand any difference. The bottom line is that TurboTax will calculate and apply the credit for taxes paid to another state on the same income for your resident state.
- All worldwide income must be included on your Maryland (MD) resident return.
- Credit for taxes paid to another state on the same income is a maximum of what your tax would have been in MD even if CO is higher.
- Only the Colorado (CO) income should be taxed on CO return.
You have access to all forms when you choose to print your return in TurboTax Online/Mobile. However you are required to pay before printing, but do not have to file until you are ready.
If you are using TurboTax Desktop you can switch to Forms and review all forms and worksheets.
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