Screen COAmendC - Colorado Amended Return (1120)

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General Information

Investment tax credit carryback from tax year ending
If a return is being amended due to an investment tax credit carryback, enter the date (MMDDYY) of the carryback. When you enter a date in this field, the application marks the
Investment tax credit carryback from tax year ending
checkbox on Form 112X, Page 1 and returns the date to the form.
Federal net capital loss carryback from tax year ending
If you're amending a return due to a federal net capital loss carryback, enter the date (MMDDYY) of the carryback. When you enter a date in this field, the application marks the
Federal net capital loss carryback from tax year ending
checkbox on Form 112X, Page 1 and returns the date to the form.

Amounts as Previously Reported

Transfer original information
Enter
X
to transfer the previously reported information to the fields in the Amounts as Previously Reported section. Previously reported information is the information contained in the return the last time it was printed or print previewed. Before entering
X
, verify the information on Form 112 is the information that was previously reported to the taxing agency.
note
If amending a state return in addition to the federal return, enter
X
in the Transfer original information field in the state’s amended screen before making changes to federal screen data.

Amended Amounts

Overpayment credited to next year’s estimated tax
Enter the amount of overpayment to apply to estimated tax. The application defaults to refunding 100 percent of the calculated overpayment amount. To apply the entire overpayment, enter an amount equal to or greater than the overpayment on the amended return.

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