2017 ProSeries/Colorado Readme
Release 2017.270
Contents
Items addressed in this release
Items addressed in previous releases
What's new for ProSeries/Colorado
Forms
Electronic filing
Items addressed in this release
- Error checking - Improved data validation and error checking to assist in preparing Colorado tax returns.
Items addressed in previous releases
- Form 104AD - Line 17 - Other Subtractions will now only populate the statement name and amount if more than 0 (zero)
- Form DR0102 - Separate copies for taxpayer and spouse are now supported when paper filing the Colorado return if filing separate copies of federal Form 1310 for taxpayer and spouse
- Form DR0102 - Will now populate surviving spouse name if box A is checked
What's new for ProSeries/Colorado
The following items are new for tax year 2017:
First Time Homebuyer's Subtraction -New Form DR0350. As an incentive for first time home buyers, taxable income may be reduced by earnings from a first time home buyer's savings account.
Rural and Frontier Health Care Preceptor Credit -New credit on Form DR0104CR (line 37). Available to qualified health care professionals.
Agricultural Asset Lease Deduction -New deduction on Form DR 0104AD (line 15). Deduction for lease payments received for Colorado agricultural assets that are leased to an eligible beginning farmer or rancher.
Child Care Expenses Tax Credit -On Form DR0347, the low income child care expense credit is not available for income tax year 2017.
Forms
The Colorado forms can be filed with this release of ProSeries/Colorado.
The Colorado Department of Revenue has approved for filing all forms and
schedules included in ProSeries/Colorado.
Check all returns for printing
The Colorado Department of Revenue scans computer-generated forms to quickly
process the income tax returns they receive. To meet the requirements for producing
computer-generated forms, ProSeries is required to limit the width of the tax
information printed on forms that are scanned. In certain cases, data you entered may
be truncated. After completing a tax return, review the information that prints (for
example, mailing address information), make any necessary changes, and reprint the
return before mailing it.
Electronic Filing
General information for electronic filing:
You can file returns electronically with this version of ProSeries/Colorado.
For a list of forms that can be e-filed go to What's New This Year in Help Center.
End of ReadMe file for ProSeries/Colorado