Return to Revenue Online
Return to Taxation Web site


Individual Income Tax Adjustments  

Form 104
Line Number Description Possible Reason(s) for Adjustment Related Information
4 Subtotal
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
7 Primary Taxpayer Pension/Annuity income
  • Claimed over allowable amount.
  • Not within the age limit.

FYI Income 25
8 Spouse Taxpayer Pension/Annuity income
  • Claimed over allowable amount.
  • Not within the age limit.

FYI Income 25
9 Colorado Source Capital Gain
  • Form DR1316 not provided or not correctly completed.
  • Purchase documents not provided
  • Sale documents not provided.
  • First two pages of federal return and/or Schedule D and attachments not provided.
  • Documentation was not provided to show the interest in the underlying business satisfies the five year holding period.
  • Documentation was not provided to show the company was a Colorado company for the five years prior to the sale.
  • Property was not held uninterrupted for the required time period.
  • Property was acquired prior to the acquisition date requirement.
  • Property was not Colorado property.
  • Stock/ownership interest was not held uninterrupted for the required time period.
  • Stock/ownership interest was acquired prior to the acquisition date requirement.
  • Stock/ownership interest was not from a Colorado company for the required time period.
  • Beginning Jan. 1, 2010, stock/ownership interest is not an allowable subtraction
  • Sale of intangibles is not an allowable subtraction.
  • Installment sale does not qualify in the year received.
  • All or part of the gain was not included in the federal taxable income.
  • Subtraction was miscalculated.
  • Amount claimed is over the maximum allowed of $100,000.
  • Amount claimed was not correctly apportioned.
  • Gain is limited to your percentage of the subtraction allowable to the pass-through entity.
  • Gain is limited to the lowest percentage held in the pass-through entity for the five years prior to the sale.
  • Copy of operating agreement not provided
  • Copy of Articles of Incorporation not provided.
  • Copy of contract not provided.
  • Name and FEIN of company not provided.
  • Name and FEIN of pass-thru entity not provided.


FYI Income 15
11 Qualifying Charitable Contribution

 

  • No receipts provided.
  • Only the amount in excess of $500 can be claimed.
  • Does not qualify because this was claimed as an itemized deduction on your federal return.
FYI Income 48
12 Qualified Reservation Income
  • Supporting documentation not provided.
  • Income does not qualify.
Income Tax Index
See: "Native American Indian Subtraction"
13 PERA/DPSRS Subtraction
  • Supporting documentation not provided.
  • Income does not qualify.
  • Note: For Contribution statement, please visit www.copera.org. or contact a PERA representative at 303-832-9550 or 1-800-759-7372 

FYI Income 16
14 Railroad Benefit Subtraction
  • Supporting documentation not provided.
  • Income does not qualify.

FYI Income 25
15 Wildfire Mitigation Measures Subtraction
  • Over the limit.
  • Supporting documentation not provided.
  • Expenses do not qualify.

FYI Income 65
17 Subtotal
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
18 Colorado Taxable Income
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
19 Colorado Tax

 

  • Form 104PN not provided.
  • Form 104PN not correctly completed.
  • Incorrect tax calculated.

Part Year Residents See: FYI Income 6
22 Subtotal
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
23 Nonrefundable Credits
  • Form 104CR not provided.
  • Supporting documentation not provided with form 104CR.
  • Credits exceeded tax liability.
  • Form 104CR not correctly completed.

See: Individual Income Tax Credits Web page
24 Net Tax
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
25 CO Income Tax Withheld from W-2s and 1099s
  • Withholding amount claimed on your return was from the local tax box.
  • Withholding amount claimed on your return was from the federal tax box.
  • W-2s and/or 1099s provided are not Colorado withholding.
  • Withholding amount claimed on return does not match information you provided.
  • W-2s and/or 1099s are not for the tax year you are claiming.
  • Employer-reported withholding does not match W-2s you provided.
Income Tax Index

See: "W-2 Form"

26 Estimated Tax
  • Supporting documentation not received.
  • Over claimed.
  • Under claimed.
  • Estimated payment previously refunded to you.
  • Estimated payment not available for you to claim.

FYI Income 51

27 Refundable Credits
  • Form 104CR not provided.
  • Supporting documentation not provided with 104CR.
  • Credit(s) not allowed.
  • Form 104CR not completed correctly.
See: Individual Income Tax Credits Web page
28 Subtotal
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
30 Overpayment
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
31 Estimated Tax Credit Carry Forward to 2013 first quarter
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
47 Subtotal
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 

 

Form 104CR
Line Number Description Possible Reason(s) for Adjustment Related Information
3 Federal Child Care Credit
  • Federal credit amount reported is incorrect.
 
5 Colorado Child Care Credit
  • Federal adjusted gross income exceeded limit.
  • Adjusted based on your residency status.
FYI Income 33
6 Part-Year Residents Only
  • Federal adjusted gross income exceeded limit.
  • Adjusted based on your residency status.
FYI Income 6
8 Refundable Innovative Motor  Vehicle Credit
  • Supporting documentation not provided.
  • Vehicle does not qualify.
FYI Income 67
9 Total Refundable Credits
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
10 Enterprise Zone Investment Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Adjusted based on your residency status.
FYI General 6
11 Enterprise Zone Commercial Vehicle Investment Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • An incorrect credit amount was claimed.
FYI General 6
12 Enterprise Zone New Business Facility Employee Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI General 6
13 Enhanced Rural Enterprise Zone New Business Facility Employee Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI General 6
14 Enterprise Zone Agricultural Employee Processing Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI General 6
15 Enhanced Rural Enterprise Zone Agricultural Processing Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI General 6
16 Enterprise Zone Employee Health Insurance Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI General 6
17 Contribution to Enterprise Zone Administrator Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 23
18 Research and Development Enterprise Zone Credit
  • Supporting documentation not provided.
    Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 22
19 Rehabilitation of Vacant Commercial Buildings Enterprise Zone Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 24
20 Job Training Program Enterprise Zone Credit
  • Supporting documentation not provided.
  • Certification not verified by the Colorado Office of Economic Development.
  • You are not eligible for this credit.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 31
21 Total Enterprise Zone Credits 
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
29 Credit for Taxes Paid to Another State
  • Other State return(s) not provided.
  • Credit miscalculated.
FYI Income 17
30 Plastic Recycling Investment Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • An incorrect credit amount was claimed.
FYI Income 56
31 Colorado Minimum Tax Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • An incorrect credit amount was claimed.
FYI Income 14
32 Historic Property Preservation Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 1
33 Child Care Center Investment Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 7
34 Employer Child Care Facility Investment Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 7
35 School-to-Career Investment Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 32
36 Colorado Works Program Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 34
37 Child Care Contribution Credit
  • Form DR 1317 not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
FYI Income 35
38 Rural Technology Enterprise Zone Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 36
39 Long Term Care Insurance Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • An incorrect credit amount was claimed
FYI Income 37
40 Contaminated Land Redevelopment Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • An incorrect credit amount was claimed
FYI Income 42
41 Low-Income Housing Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 46
42 Aircraft Manufacturer New Employee Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 62
43 Gross Conservation Easement
  • Form 1305 not provided.

  • Form 1305 not correctly completed.

  • Claimed over amount available.

  • Claimed over amount allowable.

  • You are not eligible for this credit.

  • You are not eligible for this credit in this period.

  • Inconsistent with claims on other accounts

  • Credit previously disallowed and under protest.

  • See separate letter for more information.

FYI Income 39
44 Job Growth Incentive Tax Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 66
45 Colorado Innovation Investment Tax Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
Income Tax Index

See: Innovation Investment Tax Credit

46 Alternative Fuel Refueling Facility Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 67
47 Nonrefundable Alternative Fuel Vehicle Credit
  • Supporting documentation not provided.
  • You are not eligible for this credit.
  • Credit miscalculated.
  • Credit used to offset tax was greater than total credit generated.
FYI Income 67
48 Total
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
49 Total Nonrefundable Credits
  • Math computation error OR the line was recalculated due to other adjustments made to your return.
 
48 Refund    
49 Net Tax Due
  • Balance due including potential penalty and interest.
 

Return to Revenue Online
Return to Taxation Web site

Last revised: February 19, 2013