Colorado Income Tax Subtraction for Survivor Benefit Plan A…

Colorado Income Tax Subtraction for Survivor Benefit Plan Annuities

Colorado Department of Revenue

Up to $20,000 subtracted if you are under 65, or $24,000 if you are 65 or older

If you receive a Survivor Benefit Plan, Reserve Component Survivor Benefit Plan or Retired Serviceman’s Family Protection Plan annuity because of the death of a service member or veteran, you can subtract it from your Colorado taxable income. The cap is $20,000 if you are under 65 and $24,000 if you are 65 or older.

Check eligibility

How to apply

There is nothing to apply for. Claim the subtraction on Schedule DR 0104AD when you file your Colorado return.

What you'll need

Your Form 1099-R showing the annuity payments.

Eligibility

You are filing a Colorado income tax return
You receive a Survivor Benefit Plan, Reserve Component Survivor Benefit Plan or Retired Serviceman’s Family Protection Plan annuity based on the death of a service member or veteran

Source

Official source

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