Help with Colorado state

[neilbrink]

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?

[NECPA in NEBRASKA]

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.

[neilbrink]

Thanks.