I am a CA resident and have K1 loss from Colorado. Do I file a Colorado State Return?

[DowntownSD]

I am a CALIFORNIA resident.  The information on my COLORADO state K1 is same as the Federal K1.  I see the information flowed from the K-1 I entered on the federal side to my CALIFORNIA return.  Should I leave as-is or do I need to enter a separate COLORADO state return?

[Anonymous_]

You might want to file a CO return in order to report (and preserve) the loss to be used to offset any income taxable in CO in future years.

@Mike9241 

[DowntownSD]

Thank you!  But should I remove the K1 information which was automatically carried over from my federal to my California return?

[Anonymous_]

No, don't remove that because you're a resident of CA.