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Retirement tax questions
In the 2021 TurboTax program for Colorado, there is a problem. The state allows $24000 exclusion from your income for each filer over 65. However, you can only exclude what you actually earn in retirement income or with Social Security. I have tried multiple times to fill in the amounts for the exclusion to only what we can claim, even though the program asks for all that you earned. No matter, the program indicates that I get the total $48,000 exclusion. Pushing the edit button does nothing. I cannot file my taxes with this program as it would be Wrong. Please be aware of this. I find it very frustrating that this is the only way to report this very serious problem
March 30, 2022
12:29 PM