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CODE OF COLORADO REGULATIONS 10 CCR 2505-10 8.100 Medical Services Board

96 vii) Moving expenses for active duty military who are moving due to a permanent change of station; viii) IRA deduction: Regular Individual Retirement Account (IRA) contributions claimed on a federal income tax return and which does not exceed the IRA contributions limits; (Pre-tax contributions to a 401(k) or 403(b) retirement plan are excluded from earned income); ix) Penalty on early withdrawal of savings; x) Domestic production activities deduction; xi) Alimony paid may be deducted only if the divorce or legal separation is executed on or before December 31, 2018. It cannot be deducted if the divorce or separation is modified or executed on or after January 1, 20019; xii) Certain educator expenses; xiii) Certain pre-tax contributions; xiv) Net operating losses; and xv) Capital losses. f. Income of children and tax dependents: i) The income of a child who is included in the household of their natural, adopted, or step parent will not be included in the household income unless that child has income above the tax filing threshold. 1) Income from Title II Social Security benefits and Tier I Railroad benefits are excluded when determining if a child is required to file taxes. ii) The income of a person, other than a child or spouse, who expects to be claimed as a tax dependent will not be included in the