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Level 1

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

 
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Level 3

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

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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Level 3

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

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