In Colorado, the federal exclusion of the first $10,200 of unemployment benefits is still taxable for 2020. Is this amount added back as an adj. for the state return?

Forum|Forum|5 years ago
March 20, 2021
12 replies
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MaryK4

Level 15

Yes, Colorado is taxing unemployment in full so you must add back the federal exclusion.

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Cowboyseth

Level 2

How do you do that in filing?

Cowboyseth

Level 2

I get to the screen that says federal -10200. What do I put in for colorado then the next screen says federal 10200 what do I put in for colorado

Cowboyseth

Level 2

CatinaT1

Level 15

Assuming you live in Colorado, you will enter the amount of unemployment you received in the Colorado boxes here. If the amount of unemployment received was greater than $10,200, you will enter the maximum amount of $10,200.

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Cowboyseth

Level 2

I do not live in colorado but earned unemployment in colorado so I can enter -10200 in for colorado on screen 1 and then 10200 on screen number 2 since that affects colorado