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Why is the Colorado Form 104, line 1 not matching Federal 1040, line 10, Federal taxable Income?

woodstaxes
Level 1

On the Colorado return, line 1 is not showing the correct amount for Federal taxable income.  The amount should be from Form 1040, line 10.  What appears on the Colorado return is Line 10 with line 9, Qualified business income deduction added back in. 

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IRonMaN
Level 15

I don’t do Colorado so I have to ask, did Colorado adopt the federal deduction?  As a side note, the software isn’t close to being ready yet so you might not see that happening a month from now.


Slava Ukraini!

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1 Comment 1
IRonMaN
Level 15

I don’t do Colorado so I have to ask, did Colorado adopt the federal deduction?  As a side note, the software isn’t close to being ready yet so you might not see that happening a month from now.


Slava Ukraini!
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