George4Tacks
Level 15

You are posting a statement for other USERS to see. If you want to get Lacerte's attention, you must contact support. I do not regularly do Colorado, but I did find the following in https://www.colorado.gov/pacific/sites/default/files/Income15.pdf:

LIMITATIONS
The Colorado capital gain subtraction a taxpayer can claim is limited to the lesser of:
1. the amount of the federal net capital gain reported on Schedule D of the taxpayer’s return; or
2. the qualifying capital gain; or
3. $100,000.
-------------

@pat Maybe Lacerte is right? The limitation seems to say a cap of $100K to me. 

 


Answers are easy. Questions are hard!
0 Cheers