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New Member
posted Mar 20, 2021 12:11:44 PM

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?

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12 Replies
Expert Alumni
Mar 20, 2021 12:21:47 PM

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

Returning Member
Apr 6, 2021 7:01:47 AM

How do you do that in filing?

Returning Member
Apr 6, 2021 7:04:37 AM

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

Expert Alumni
Apr 6, 2021 7:05:06 AM

TurboTax will take care of this for you.

Returning Member
Apr 6, 2021 7:22:37 AM

Yea but I don't know what numbers I need to put in those two screens for the unemployment 

Expert Alumni
Apr 6, 2021 7:26:39 AM

I'm not sure which screens you are referring to.  You will enter your 1099-G (unemployment) form in the federal portion of the return and it will be carried over to your state return.

Returning Member
Apr 6, 2021 7:37:47 AM

 

Expert Alumni
Apr 6, 2021 7:47:00 AM

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.

Returning Member
Apr 6, 2021 10:14:16 PM

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 

 

Returning Member
Apr 6, 2021 10:18:03 PM

I just dont know what i need to enter on the above 2 screens

Returning Member
Apr 6, 2021 10:19:32 PM

Can i assume i enter -10200 and 10200 on those screens respectively?

Expert Alumni
Apr 7, 2021 5:19:02 AM

Yes, because that amount is attributed to Colorado.