- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How do I fix the amount of Colorado Retirement exclusion that Turbo tax is calculating incorrectly?
Colorado limits the exclusion of retirement income to $20,000 including social security (24,000 if 65 yr old +). Turbo tax is entering the total amount of my social security that was taxed by the federal government which is over 24,000. My limit is 20,000. There is a pension worksheet that calculates correctly, however the form 104 AD which is the state form, is not applying the limit. All of the numbers are form fed. I cannot fix the amount on my tax return and it is understating my income. I called support to report the issue, but I don't know that it will get fixed. I want to file my taxes.
‎January 30, 2023
3:13 PM