1. Colorado Income Tax Update
New for Tax Year 2018
Steve Asbell
Colorado Department of Revenue

2. Subtractions From Income
No new subtractions for TY2018 on Form 104AD.

3. Credits
The low income child care credit is back for Twenty-five percent of qualified amounts up to $500 for one child or $1000 for two or more children.

4. Issues
Refunds may be switched over from direct deposit to paper checks.
Fraud prevention measures.
Taxslayer supports the DR 1366 for TY2018.
Federal changes did not result in Colorado changes to offset.

5. Property Tax Credit
The PTC income limits for TY 2018 are $14,074 for single and $18,972 for joint.
Cannot be filed through tax software, but can be filed online through Revenue Online.

6. Contact Information
Steve Asbell Taxpayer Service Division Ph: Efile reject questions Refund inquiries: or Revenue Online