Question

Is this the correct Colorado Heat Pump Deduction?

Forum|Forum|2 years ago
January 8, 2024
2 replies
0 views

This year there is a new heat pump credit in Colorado - is this the correct deduction? It's supposed to have a form - but I don't see this generated. Instead it seems like I do the calculation myself?

https://drive.google.com/file/d/1Alk0cAXwJN0v9e4C4eStt6ekxqSU4Hn6/view?usp=sharing

New Tax credit in Colorado https://tax.colorado.gov/sites/tax/files/documents/DR1322_2023.pdf

Utilizing Turbotax Premier Desktop

X

xmasbaby0

Employee

Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.

Tax form availability tool,

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

C

chaosnight7Author

I don't even see a form listed in turbotax online's tool for the colorado energy tax credit - which it looks like is 1322. Is that correct? Is this not something that will be fillable via turbotax?

C

chaosnight7Author

This is the exact form and it is not in Turbotax's list - https://tax.colorado.gov/DR1322

R

rockiesgrizzly

DR 1322. Still not available in Turbotax. Come on, TT. Lame.

J

JohnW152

Form DR 1322 isn't a form that's available through TurboTax, and it can't be e-filed with your return.

Colorado Form DR 1322, Heat Pump System or Heat Pump Water Heater Eligibility Certification and Assignment Election, is a document that requires signatures, and therefore can't be submitted with an electronically-transmitted return. You'll need to print and mail your return to claim the Refundable Heat Pump Credit.

See DR 1322 - Heat Pump System or Heat Pump Water Heater Eligibility Certification and Assignment Election for more information.

The credit is claimed on line 14 of Form 104CR, Individual Credit Schedule 2023, which is supported by TurboTax.

To mail Form DR 104 and all attachments:

With a payment, send to:

COLORADO DEPARTMENT OF REVENUE

Denver, CO 80261-0006

Without a payment, send to:

COLORADO DEPARTMENT OF REVENUE

Denver, CO 80261-0005

@chaosnight7 @rockiesgrizzly