swinter88
New Member

Live in Colorado. Wife has 1099R disability, 58 yrs old. Does she qualify for exclusion?

 
TomK
Expert Alumni

Retirement tax questions

Yes... At least 55 years old, but not yet 65, then you are entitled to subtract $20,000 or the total amount of your taxable pension/annuity income, whichever is smaller.

Colorado Individual Income Tax Filing Guide (page 9): https://www.colorado.gov/pacific/sites/default/files/104Book.pdf

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