The following income may be subtracted from your Colorado state tax return:
- Additional interest exempt from State Income Tax (U. S. Government Interest)
- Qualified Reservation Income
- PERA/DPSRS Subtraction
- Railroad Benefit Subtraction, Tier I or II only
- Wildfire Mitigation Measures Subtraction
- Marijuana Business Deduction
- Reacquisition of Colorado Residency During Active Duty Military Service Subtraction
- Agricultural Asset Lease Deduction
- First Time Home Buyer Savings Account Deduction
- Charitable Contributions
- State Income Tax Refund
- Pension/Annuity Income
- Colorado Source Capital Gain
Where to enter?
- State Section
- Subtractions From Income