JW3
Level 1

Currently Lacerte software is not automatically including the QBI addback for Colorado income tax purposes if the taxpayer's AGI is greater than $500,000 for a single taxpayer or $1,000,000 for a joint taxpayer.  There is an override field where the amount may be included but I would recommend that Lacerte correct the automatic calculation for this addback.  If that is not possible, please add a diagnostic for Colorado taxpayers with AGI of greater than the above amounts to alert to the need to manually addback the QBI deduction.  This addback is valid through 2025.

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