Example: dental hygienist
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Income 15: Colorado Capital Gain Subtraction
www.freetaxusa.comThe Colorado capital gain subtraction a taxpayer can claim is limited to the lesser of: 1. the amount of the federal net capital gain reported on Schedule D of the taxpayer’s return; or 2. the qualifying capital gain; or 3. $100,000. Example #8: A taxpayer has a qualifying capital gain of $4,000, a non-qualifying capital gain of $500 and a non-