topic TT 2022 Colorado State Income Tax Rate is wrong in State tax filing

TT 2022 Colorado State Income Tax Rate is wrong

jcquest7 — Mon, 23 Feb 2026 10:38:04 GMT

Turbotax is using Colorado state income tax rate of 4.5% for 2022. This is wrong. The 2022 Colorado Income tax rate is 4.4%. Please use correct Colorado Income tax rate and tax tables.

Re: TT 2022 Colorado State Income Tax Rate is wrong

Anonymous_ — Fri, 20 Jan 2023 16:57:24 GMT

This will be reported. Thank you.

Re: TT 2022 Colorado State Income Tax Rate is wrong

ErnieS0 — Fri, 20 Jan 2023 17:13:00 GMT

Are you using TurboTax Desktop? If so, you may have to update your program. I checked both the CD/Download program and Online and both are correctly calculating the tax.

Re: TT 2022 Colorado State Income Tax Rate is wrong

jcquest7 — Fri, 20 Jan 2023 17:40:25 GMT

Thank you for responding. I am using desktop Turbotax on my Mac. I checked for updates and it says "you're up to date!" The Colorado state tax is still wrong. I do not see the Colorado tax rate and table info you show in your response.

Re: TT 2022 Colorado State Income Tax Rate is wrong

ErnieS0 — Fri, 20 Jan 2023 18:21:36 GMT

The tax table is from the Colorado state booklet. I do not have a Mac, so I'm unable to verify the tax rate in the Mac program. My Windows version is using 4.4%.

@jcquest7

Re: TT 2022 Colorado State Income Tax Rate is wrong

SteamTrain — Fri, 20 Jan 2023 18:27:55 GMT

@jcquest7 I'm sure he got the tax table from the actual paper CO instructions sheets. You can get those as a PDF on the CO Tax department website.

Certainly, your MAC software might be behind on getting up-to-date....maybe the MAC softwaer won't be updated properly until next week (or its wrong..like you say)

But what $$s are on lines 9 & 10 of your actual Colorado tax return??

Re: TT 2022 Colorado State Income Tax Rate is wrong

jcquest7 — Fri, 20 Jan 2023 18:38:30 GMT

EarnieSO: Try using State Taxable Income over $50,000 for your example. Do you get Colorado Income Tax amount at 4.4%?

Re: TT 2022 Colorado State Income Tax Rate is wrong

ErnieS0 — Fri, 20 Jan 2023 20:42:09 GMT

Thanks for flagging this @jcquest7. Taxable income above $50,000 does show a tax rate of 4.5%.

Re: TT 2022 Colorado State Income Tax Rate is wrong

jcquest7 — Wed, 25 Jan 2023 18:35:00 GMT

When will TT update the 2022 Colorado Income Tax Rate to 4.4% in Turbotax Deluxe for Mac.

Re: TT 2022 Colorado State Income Tax Rate is wrong

BillM223 — Wed, 25 Jan 2023 19:10:14 GMT

As noted, this is being reported. However, the team that would work on this must verify the issue, then update the code and test it, to make sure that something else didn't break. For example, tax on part-year residents is calculated on DR-0104PN, not just on the DR-0104. For that reason, we can't tell you at this point if or when the state will be updated.

@jcquest7

Re: TT 2022 Colorado State Income Tax Rate is wrong

aprom3 — Thu, 09 Feb 2023 07:39:54 GMT

What will TurboTax be doing to correct this mistake for those of us who have already filed? To me, you need to submit a correction for free and/or refund our state tax prep fee due to your "Maximum Refund Guarantee".

Re: TT 2022 Colorado State Income Tax Rate is wrong

HelpCOtaxpayer — Fri, 17 Mar 2023 04:54:21 GMT

Does anyone know if this tax rate has been corrected/updated?

Re: TT 2022 Colorado State Income Tax Rate is wrong

ErnieS0 — Fri, 17 Mar 2023 13:01:20 GMT

Yes. TurboTax has updated both TurboTax Online and CD/Download to reflect Colorado's 4.4% tax return.

@HelpCOtaxpayer