CO certification retest Welcome to the Colorado certification retest. Your name Your email What is your primary district number (select only one; the circle in front of your district number): 00 11 12 13 14 15 16 17 18 21 22 25 27 28 George and Martha Washington are not residents of Colorado and must file their federal income tax return. Even though they received income from sources in Colorado, they do not have to file a Colorado tax return. a. True b. False The Washingtons’ federal filing status is married filing jointly. They must file their Colorado tax return with the same filing status. a. True b. False The Washingtons’ deducted $520 general sales tax, not state income tax, on their federal Schedule A. Form DR 0104 line 2, State Addback, will have the following value: a. $ 0 b. $ 529 There is $ 500 on the Washington’s 1099-INT in box 8, tax-exempt interest, and their Credit Union indicates that all of this interest was generated by bonds issued outside of Colorado. None of this interest must be reported on DR 0104 line 7. a. True b. False Are all of these statements true regarding Form DR 0104 line 34, State Sales Tax Refund?- The 2024 deadline for claiming the refund is April 15, or October 15 if filing under extension. - Full-year Colorado residents under age 18 as of January 1, 2023 are eligible for the refund if they have a Colorado tax liability or they claim a refund of Colorado wage withholding. - Part-year Colorado residents are not eligible for the refund. a. Yes b. No Colorado taxpayers may have the Department of Revenue directly deposit the refund on DR 0104 line 38 to a bank account or to a CollegeInvest account, or mail a refund check. a. True b. False The Washingtons received $360 interest on a U.S. government savings bond. Form 0104AD line 2, U.S. Government Interest, will have the following value: a. $ 0 b. $ 180 c. $ 360 George and Martha Washington are both over 65 years old and receive a pension. The Pension and Annuity Subtraction amounts on Form 0104AD are calculated separately for George and Martha. a. True b. False The Washingtons contributed $400 to their church. They did not itemize their deductions on federal Schedule A. Form 0104AD line 12, Qualifying Charitable Contributions, will have the following value: a. $ 0 b. $ 200 c. $ 400 Which of these credits may Colorado taxpayers may be eligible to claim on Form DR 0104CR? a. Child Tax Credit b. Child Care Expenses Credit c. Colorado Earned Income Tax Credit d. None of these - these are only federal credits e. All three (a and b and c) Time's up
