I am in the same situation, and TurboTax is saying I have a Colorado State Tax underpayment because of the gains from the sale of property, shown in Colorado Portion of Gains and (Losses) page. I am not sure the expert's information is accurate given what TurboTax is saying I owe. If it is accurate, I would love to know how or why TurboTax isn't taking the exemption into account for the state return?
From my research, the exemption is only applicable for farming or agricultural land after January 2022.
