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dalynnt
March 17, 2021
Question

Is there a way to fix the form 104AD for my CO return it says I cant exceed $7500 for my spouses Military Ret, however his military ret pay was $19,187?

  • March 17, 2021
  • 1 reply
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1 reply

DMarkM1
DMarkM1
March 17, 2021

CO military retirement pay exclusion is controlled by age.  Those under age 55 can exclude up to $7,500. those ages 55-64 can exclude up to $20,000. those age 65 and over can exclude up to $24,000.

 

The age 55 and younger amounts do increase over the next few years. 

 

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