ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Colorado Department of Revenue
2
2019 Corporate Statistics of Income
3
Table 11. Corporations that Conduct Business Only in Colorado: Colorado Additions and Subtractions by Size of Colorado Taxable Income
4
5
This table summarizes the types of Colorado additions and subtractions claimed by C corporations that conduct business only in Colorado. Subtractions are presented as negative values to distinguish them from the additions.
6
7
I. Number of Returns
8
Size of Colorado Taxable IncomeAdditionsSubtractionsTotal Modifications ¹
9
Federal Net Operating Loss AddbackColorado Income Tax AddbackOther AdditionsU.S. Government InterestForeign Source IncomeColorado Capital GainColorado Marijuana BusinessAgricultural Asset LeaseOther SubtractionsColorado Corporate Net Operating Loss
10
Negative Income41252510578836601606721,546
11
$ 0 to $ 9,9992,8651,1981505012570902,8484,336
12
$ 10,000 to $ 19,999237392119NR04016167599
13
$ 20,000 to $ 29,9991122059NR00NR01179301
14
$ 30,000 to $ 39,99965160450030446220
15
$ 40,000 to $ 49,999571094NR00NR0542162
16
$ 50,000 to $ 59,999511046NRNR000739147
17
$ 60,000 to $ 74,999481026NRNR0NR0930137
18
$ 75,000 to $ 99,999551373NR00301033182
19
$ 100,000 to $ 199,999822931670NR1202771355
20
$ 200,000 to $ 499,999582341210002601348300
21
$ 500,000 to $ 999,999191131480NR80821136
22
$ 1,000,000 and over2813721180NR1501323170
23
Total4,0893,709361192231114903734,1198,591
24
25
II. Additions and Subtractions
26
Size of Colorado Taxable IncomeAdditionsSubtractionsTotal Modifications
27
Federal Net Operating Loss AddbackColorado Income Tax AddbackOther AdditionsU.S. Government InterestForeign Source IncomeColorado Capital GainColorado Marijuana BusinessAgricultural Asset LeaseOther SubtractionsColorado Corporate Net Operating Loss
28
Negative Income$73,381,822 $2,200,953 $21,794,841 ($19,892,806)NRNR($42,498,812)$0 ($46,441,527)($211,598,159)($255,714,367)
29
$ 0 to $ 9,999$156,855,959 $582,263 $27,151,029 ($1,140,887)NRNR($802,031)$0 ($8,224,198)($182,551,481)($24,605,407)
30
$ 10,000 to $ 19,999$6,014,184 $393,303 $90,648 ($11,714)NR$0 NR$0 ($2,127,893)($5,041,119)($996,515)
31
$ 20,000 to $ 29,999$5,157,409 $317,613 $73,495 NR$0 $0 NR$0 NR($4,634,663)($458,107)
32
$ 30,000 to $ 39,999$5,308,266 $762,159 NR($1,113)$0 $0 ($1,067,636)$0 NR($5,247,299)($236,894)
33
$ 40,000 to $ 49,999$3,253,062 $248,453 NRNR$0 $0 NR$0 ($671,596)($2,685,978)($612,686)
34
$ 50,000 to $ 59,999$5,030,987 $297,561 $108,703 NRNR$0 $0 $0 NR($1,552,066)($149,472)
35
$ 60,000 to $ 74,999$2,442,417 $426,063 $29,150 NRNR$0 NR$0 NR($1,753,100)$928,867
36
$ 75,000 to $ 99,999$4,433,228 $676,588 NRNR$0 $0 ($264,018)$0 ($174,709)($3,657,131)$1,193,840
37
$ 100,000 to $ 199,999$12,795,649 $2,605,342 NRNR$0 NR($4,868,744)$0 ($1,841,541)($12,484,966)($2,655,454)
38
$ 200,000 to $ 499,999$13,125,799 $3,403,186 $3,432,590 ($123,414)$0 $0 ($10,323,389)$0 ($1,992,207)($12,165,774)($4,643,209)
39
$ 500,000 to $ 999,999$7,659,281 $3,387,835 $1,887,025 ($380,860)$0 NR($3,763,653)$0 NR($6,579,082)$1,902,544
40
$ 1,000,000 and over$135,257,951 $22,582,600 $17,413,563 ($2,781,357)$0 NR($98,004,439)$0 NR($91,337,681)($18,026,289)
41
Total$430,716,014 $37,883,919 $73,789,599 ($24,971,183)($49,075,118)($456,521)($163,187,945)$0 ($67,483,415)($541,288,499)($304,073,149)
42
43
III. Average Additions and Subtractions per Return
44
Size of Colorado Taxable IncomeAdditionsSubtractionsTotal Modifications
45
Federal Net Operating Loss AddbackColorado Income Tax AddbackOther AdditionsU.S. Government InterestForeign Source IncomeColorado Capital GainColorado Marijuana BusinessAgricultural Asset LeaseOther SubtractionsColorado Corporate Net Operating Loss
46
Negative Income$178,111 $4,192 $207,570 ($255,036)NRNR($643,921)$0 ($290,260)($314,878)($165,404)
47
$ 0 to $ 9,999$54,749 $486 $181,007 ($22,818)NRNR($114,576)$0 ($91,380)($64,098)($5,675)
48
$ 10,000 to $ 19,999$25,376 $1,003 $8,241 ($1,302)NR$0 NR$0 ($132,993)($30,186)($1,664)
49
$ 20,000 to $ 29,999$46,048 $1,549 $8,166 NR$0 $0 NR$0 NR($58,667)($1,522)
50
$ 30,000 to $ 39,999$81,666 $4,763 NR($223)$0 $0 ($355,879)$0 NR($114,072)($1,077)
51
$ 40,000 to $ 49,999$57,071 $2,279 NRNR$0 $0 NR$0 ($134,319)($63,952)($3,782)
52
$ 50,000 to $ 59,999$98,647 $2,861 $18,117 NRNR$0 $0 $0 NR($39,797)($1,017)
53
$ 60,000 to $ 74,999$50,884 $4,177 $4,858 NRNR$0 NR$0 NR($58,437)$6,780
54
$ 75,000 to $ 99,999$80,604 $4,939 NRNR$0 $0 ($88,006)$0 ($17,471)($110,822)$6,560
55
$ 100,000 to $ 199,999$156,045 $8,892 NRNR$0 NR($405,729)$0 ($68,205)($175,845)($7,480)
56
$ 200,000 to $ 499,999$226,307 $14,544 $286,049 ($12,341)$0 $0 ($397,053)$0 ($153,247)($253,454)($15,477)
57
$ 500,000 to $ 999,999$403,120 $29,981 $134,788 ($47,608)$0 NR($470,457)$0 NR($313,290)$13,989
58
$ 1,000,000 and over$4,830,641 $164,836 $829,217 ($154,520)$0 NR($6,533,629)$0 NR($3,971,204)($106,037)
59
Average$105,335 $10,214 $204,403 ($130,058)($2,133,701)($41,502)($1,095,221)$0 ($180,921)($131,413)($35,394)
60
61
Source: Colorado corporate income tax returns
62
NR - Not releasable due to confidentiality requirements. Total includes NR data.
63
¹ The total number of returns are not a sum of the counts presented because multiple modifications can be reported on a single return. The total number of returns represents the count of returns in which at least one modification (addition or subtraction) was claimed.
64
65
Prepared by: Office of Research and Analysis, Colorado Department of Revenue | dor_ora@state.co.us
66
Data extracted: August 26, 2021
67
Publish date: November 2022
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100