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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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.
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.
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