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February 15, 2024
Question

How to remove the option for "Innovative Motor Vehicle Credit Worksheet" I do not own a vehicle?

  • February 15, 2024
  • 1 reply
  • 0 views
In Colorado state

1 reply

February 18, 2024

In TurboTax online, you can remove this worksheet by going back into the state interview section and making changes to your answers.

 

  1. Log into TurboTax and select Tax Home.
  2. On the screen that says "let's keep working on your taxes!", scroll down and select State Taxes. (select pick up where you left off if prompted)
  3. Select Continue to the right of Colorado.
  4. Proceed through the interview screens until you reach the screen titled "Take a look at Colorado credits and taxes."
  5. Since you have already entered information for the Innovative Motor Vehicle Credit, select Edit.  (If you have not entered anything yet, you will find the credit under the section titled "Personal, home, and family credits."
  6. On the next screen titled "Motor Vehicle Tax Credit Assigned to Financing Company?", select Yes to answer the question whether the credit was assigned to a financing company.  

This will remove the credit from your tax return.

 

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