I am over 65 and have significantly more annuity income than the $24,000 allowed annuity income subtraction. This larger amount is reported as taxable on my Federal income form. However, Turbotax tells me I can only subtract 19,000 on my 1040AD form. I cannot change this to the maximum amount on the form. Turbotax does not give me any explanation for this. I have read all the instructions for filling out Colorado form DR0104AD and I see no reason not to be able to subtract this amount.
