I just got an email from TurboTax that my state tax return was rejected. Turns out that when I completed it in late Jan. TurboTax software was not updated with the right income tax rate of 4.4%. Voters in CO elected to reduce the income tax rate from 4.5% to 4.4% effective Jan 1, 2023. I guess TurboTax never made the update in the software until recently. So I refiled the state taxes just now and hopefully they’ll be accepted. I’m really disappointed that TurboTax didn’t notify me in early Feb. to alert me of the change so I could proactively take care of it.
