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How to I remove Colorado Innovative Vehicle Tax Credit from my state tax return?

I added it accidently and "editing" it, doesn't let me remove it.  
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1 Reply
JohnW152
Expert Alumni

How to I remove Colorado Innovative Vehicle Tax Credit from my state tax return?

To remove the innovative motor vehicle credit information in TurboTax Online: 

  1. Open TurboTax Online
  2. Select  Tax Home in the left pane
  3. On the  Hi, let's keep working on your taxes! screen, select the dropdown on the right side of the State Taxes box, then select StartContinue, or Pick up where you left off
  4. Proceed through the state screens until you come to the Take a look at Colorado credits and taxes screen
  5. Near the top of the page, select Edit to the right of Innovative Motor Vehicle Credit
  6. On the  Motor Vehicle Tax Credit Assigned to Financing Company? screen, answer Yes

This will remove the credit from your return.  Don't worry, you're not perjuring yourself by making this statement.  The state doesn't see this response -- it simply disqualifies you for the credit within the TurboTax program.

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