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Retirement tax questions
TurboTax is showing this message because the 529 plan contribution is not deductible on the federal tax return, but is deductible on your Colorado state tax return "to the extent they are included in federal taxable income" (CO tax language).
Your 529 plan contribution should show up as an "income subtraction" on your CO tax return.
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‎February 15, 2020
8:22 AM