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July 12, 2024
Solved

missing expense in my CO state tax report

  • July 12, 2024
  • 1 reply
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Hi,

 

I lives in Texas but I got the rental incom from Colorado.

I made a CO tax report with Turbotax but looks like CO tax only includes GROSS RENTAL REVENUE in my 

CO 0104PN RENTAL INCOME section. Because I spent lot of money for fixing a house and property tax and mortgage interest.

I should be the NET INCOME/LOSS. My Fed 1040 has the expense.

Do you know how to fix this problem?

Best answer by bozlo

resolved. I need to put the number that is in schedule E as a income/loss for the rental income in state portion of Retal or Royalty Income.

1 reply

bozloAuthorAnswer
July 15, 2024

resolved. I need to put the number that is in schedule E as a income/loss for the rental income in state portion of Retal or Royalty Income.