neilbrink Posted March 7, 2013 Report Share Posted March 7, 2013 I have a retiree considering a move to Colorado. She is 63. I see that up to $20,000 of pension income can be excluded from Colorado income. Does this exclusion include pension payments that are coming from another state? Quote Link to comment Share on other sites More sharing options...
NECPA in NEBRASKA Posted March 7, 2013 Report Share Posted March 7, 2013 Yes. It may be excluded if it is included in your federal taxable and not a premature distribution. Up to $24,000 may be excluded if they are 65 or older and up to $20,000 between 55 and 65. If younger than 55 you may exclude up to $20,000 if you received it due to the death of the person who earned the pension or annuity. Quote Link to comment Share on other sites More sharing options...
neilbrink Posted March 7, 2013 Author Report Share Posted March 7, 2013 Thanks. Quote Link to comment Share on other sites More sharing options...
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