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 Colorado Form 104pn 2014

2014-2025 Form

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Video instructions and help with filling out and completing Colorado Form 104pn

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Instructions and help about Colorado Form 104pn

okay for this video i wanted to cover the earned income tax credit for colorado tax purposes so we're all familiar with the federal earned income tax credit but what a lot of individuals don't know is that a lot of states have their own version of the earned income tax credit roughly about 30 states have their own version of it so you can qualify for both the federal earned income tax credit and get a state earned income tax credit as well cal colorado is one such state so i've got the colorado return in front of us here for our taxpayer john taxpayer but the first step is always to compute the federal credit uh first on your form 1040. and this is because a lot of states in colorado as well give you a credit based on a percentage of your federal earned income tax credit so obviously you need to compute the federal first to take a percentage of that number and that's what you get at the state so we've got john taxpayer here he a single filer no k

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