Colorado Innovative Motor Vehicle Credit only supports 1 car

Forum|Forum|2 years ago
February 11, 2024
1 reply
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Fallout out the credit for CO the software is not allowing me to enter more than 1 car.

The Tax code does not have this limitation.

TT will not allow me to enter to work sheets.

When will this be fixed?

murraypeteraAuthor

If multiple vehicles are eligible during this tax year, you must complete a separate DR 0617 for each purchased or leased qualifying motor vehicle or truck.

murraypeteraAuthor

Correct but TurboTax will not allow me to enter more than one dr 0671.

bug in TurboTax

MayaD

It is because TurboTax does not support more than one copy of form DR 0671.

Check the Note at the bottom on the screen We need to know a little about your vehicle.

To claim the credit for more than one vehicle in TurboTax, you will need to print an additional CO Form DR 0617, complete it manually, and mail in your return.

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