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1 | Colorado Individual Income Tax Credits by Size of Federal Adjusted Gross Income Income Tax Year 2021 to Date Note: 2023 Enterprise Zone credits are excluded. Prepared by: Office of Research and Analysis, Taxation Division, Colorado Department of Revenue | dor_ora@state.co.us | |||||||||||||||||||||||||
2 | Tax Year | Income Tax Credit | Size of Federal Adjusted Gross Income | Count | Total | Average | ||||||||||||||||||||
3 | 2023 | Total credits | Total | 643,923 | $991,833,156 | $1,540 | ||||||||||||||||||||
4 | 2023 | Advanced industry investment credit | Negative Income | 0 | $0 | $0 | ||||||||||||||||||||
5 | 2023 | Advanced industry investment credit | $0 under $10K | 0 | $0 | $0 | ||||||||||||||||||||
6 | 2023 | Advanced industry investment credit | $10K under $20K | NR | NR | NR | ||||||||||||||||||||
7 | 2023 | Advanced industry investment credit | $20K under $30K | 0 | $0 | $0 | ||||||||||||||||||||
8 | 2023 | Advanced industry investment credit | $30K under $40K | NR | NR | NR | ||||||||||||||||||||
9 | 2023 | Advanced industry investment credit | $40K under $50K | NR | NR | NR | ||||||||||||||||||||
10 | 2023 | Advanced industry investment credit | $50K under $60K | 0 | $0 | $0 | ||||||||||||||||||||
11 | 2023 | Advanced industry investment credit | $60K under $75K | NR | NR | NR | ||||||||||||||||||||
12 | 2023 | Advanced industry investment credit | $75K under $100K | 6 | $10,235 | $1,706 | ||||||||||||||||||||
13 | 2023 | Advanced industry investment credit | $100K under $200K | 20 | $59,069 | $2,953 | ||||||||||||||||||||
14 | 2023 | Advanced industry investment credit | $200K under $500K | 29 | $213,890 | $7,376 | ||||||||||||||||||||
15 | 2023 | Advanced industry investment credit | $500K under $1M | 23 | $302,402 | $13,148 | ||||||||||||||||||||
16 | 2023 | Advanced industry investment credit | $1M and over | 21 | $411,972 | $19,618 | ||||||||||||||||||||
17 | 2023 | Advanced industry investment credit | Total | 103 | $999,451 | $9,703 | ||||||||||||||||||||
18 | 2023 | Affordable housing credit | Negative Income | 0 | $0 | $0 | ||||||||||||||||||||
19 | 2023 | Affordable housing credit | $0 under $10K | 0 | $0 | $0 | ||||||||||||||||||||
20 | 2023 | Affordable housing credit | $10K under $20K | 0 | $0 | $0 | ||||||||||||||||||||
21 | 2023 | Affordable housing credit | $20K under $30K | 0 | $0 | $0 | ||||||||||||||||||||
22 | 2023 | Affordable housing credit | $30K under $40K | 0 | $0 | $0 | ||||||||||||||||||||
23 | 2023 | Affordable housing credit | $40K under $50K | 0 | $0 | $0 | ||||||||||||||||||||
24 | 2023 | Affordable housing credit | $50K under $60K | 0 | $0 | $0 | ||||||||||||||||||||
25 | 2023 | Affordable housing credit | $60K under $75K | 0 | $0 | $0 | ||||||||||||||||||||
26 | 2023 | Affordable housing credit | $75K under $100K | 0 | $0 | $0 | ||||||||||||||||||||
27 | 2023 | Affordable housing credit | $100K under $200K | 0 | $0 | $0 | ||||||||||||||||||||
28 | 2023 | Affordable housing credit | $200K under $500K | NR | NR | NR | ||||||||||||||||||||
29 | 2023 | Affordable housing credit | $500K under $1M | 0 | $0 | $0 | ||||||||||||||||||||
30 | 2023 | Affordable housing credit | $1M and over | NR | NR | NR | ||||||||||||||||||||
31 | 2023 | Affordable housing credit | Total | NR | NR | NR | ||||||||||||||||||||
32 | 2023 | Aircraft manufacturer new employee credit | Negative Income | 0 | $0 | $0 | ||||||||||||||||||||
33 | 2023 | Aircraft manufacturer new employee credit | $0 under $10K | 0 | $0 | $0 | ||||||||||||||||||||
34 | 2023 | Aircraft manufacturer new employee credit | $10K under $20K | 0 | $0 | $0 | ||||||||||||||||||||
35 | 2023 | Aircraft manufacturer new employee credit | $20K under $30K | 0 | $0 | $0 | ||||||||||||||||||||
36 | 2023 | Aircraft manufacturer new employee credit | $30K under $40K | 0 | $0 | $0 | ||||||||||||||||||||
37 | 2023 | Aircraft manufacturer new employee credit | $40K under $50K | 0 | $0 | $0 | ||||||||||||||||||||
38 | 2023 | Aircraft manufacturer new employee credit | $50K under $60K | 0 | $0 | $0 | ||||||||||||||||||||
39 | 2023 | Aircraft manufacturer new employee credit | $60K under $75K | 0 | $0 | $0 | ||||||||||||||||||||
40 | 2023 | Aircraft manufacturer new employee credit | $75K under $100K | 0 | $0 | $0 | ||||||||||||||||||||
41 | 2023 | Aircraft manufacturer new employee credit | $100K under $200K | 0 | $0 | $0 | ||||||||||||||||||||
42 | 2023 | Aircraft manufacturer new employee credit | $200K under $500K | NR | NR | NR | ||||||||||||||||||||
43 | 2023 | Aircraft manufacturer new employee credit | $500K under $1M | 0 | $0 | $0 | ||||||||||||||||||||
44 | 2023 | Aircraft manufacturer new employee credit | $1M and over | 0 | $0 | $0 | ||||||||||||||||||||
45 | 2023 | Aircraft manufacturer new employee credit | Total | NR | NR | NR | ||||||||||||||||||||
46 | 2023 | Alternative transportation options credit | Negative Income | 0 | $0 | $0 | ||||||||||||||||||||
47 | 2023 | Alternative transportation options credit | $0 under $10K | 0 | $0 | $0 | ||||||||||||||||||||
48 | 2023 | Alternative transportation options credit | $10K under $20K | 0 | $0 | $0 | ||||||||||||||||||||
49 | 2023 | Alternative transportation options credit | $20K under $30K | 0 | $0 | $0 | ||||||||||||||||||||
50 | 2023 | Alternative transportation options credit | $30K under $40K | 0 | $0 | $0 | ||||||||||||||||||||
51 | 2023 | Alternative transportation options credit | $40K under $50K | 0 | $0 | $0 | ||||||||||||||||||||
52 | 2023 | Alternative transportation options credit | $50K under $60K | 0 | $0 | $0 | ||||||||||||||||||||
53 | 2023 | Alternative transportation options credit | $60K under $75K | 0 | $0 | $0 | ||||||||||||||||||||
54 | 2023 | Alternative transportation options credit | $75K under $100K | 0 | $0 | $0 | ||||||||||||||||||||
55 | 2023 | Alternative transportation options credit | $100K under $200K | 0 | $0 | $0 | ||||||||||||||||||||
56 | 2023 | Alternative transportation options credit | $200K under $500K | NR | NR | NR | ||||||||||||||||||||
57 | 2023 | Alternative transportation options credit | $500K under $1M | 8 | NR | NR | ||||||||||||||||||||
58 | 2023 | Alternative transportation options credit | $1M and over | NR | NR | NR | ||||||||||||||||||||
59 | 2023 | Alternative transportation options credit | Total | 13 | $208,784 | $16,060 | ||||||||||||||||||||
60 | 2023 | Business personal property credit | Negative Income | NR | NR | NR | ||||||||||||||||||||
61 | 2023 | Business personal property credit | $0 under $10K | NR | NR | NR | ||||||||||||||||||||
62 | 2023 | Business personal property credit | $10K under $20K | 4 | $1,314 | $329 | ||||||||||||||||||||
63 | 2023 | Business personal property credit | $20K under $30K | NR | NR | NR | ||||||||||||||||||||
64 | 2023 | Business personal property credit | $30K under $40K | NR | NR | NR | ||||||||||||||||||||
65 | 2023 | Business personal property credit | $40K under $50K | NR | NR | NR | ||||||||||||||||||||
66 | 2023 | Business personal property credit | $50K under $60K | 0 | $0 | $0 | ||||||||||||||||||||
67 | 2023 | Business personal property credit | $60K under $75K | NR | NR | NR | ||||||||||||||||||||
68 | 2023 | Business personal property credit | $75K under $100K | 8 | $2,345 | $293 | ||||||||||||||||||||
69 | 2023 | Business personal property credit | $100K under $200K | 20 | $6,679 | $334 | ||||||||||||||||||||
70 | 2023 | Business personal property credit | $200K under $500K | 46 | $13,645 | $297 | ||||||||||||||||||||
71 | 2023 | Business personal property credit | $500K under $1M | 23 | $7,317 | $318 | ||||||||||||||||||||
72 | 2023 | Business personal property credit | $1M and over | 14 | $8,255 | $590 | ||||||||||||||||||||
73 | 2023 | Business personal property credit | Total | 124 | $43,601 | $352 | ||||||||||||||||||||
74 | 2023 | Certified Colorado disability funding committee license fee credit | Negative Income | 0 | $0 | $0 | ||||||||||||||||||||
75 | 2023 | Certified Colorado disability funding committee license fee credit | $0 under $10K | 0 | $0 | $0 | ||||||||||||||||||||
76 | 2023 | Certified Colorado disability funding committee license fee credit | $10K under $20K | 0 | $0 | $0 | ||||||||||||||||||||
77 | 2023 | Certified Colorado disability funding committee license fee credit | $20K under $30K | 0 | $0 | $0 | ||||||||||||||||||||
78 | 2023 | Certified Colorado disability funding committee license fee credit | $30K under $40K | 0 | $0 | $0 | ||||||||||||||||||||
79 | 2023 | Certified Colorado disability funding committee license fee credit | $40K under $50K | 0 | $0 | $0 | ||||||||||||||||||||
80 | 2023 | Certified Colorado disability funding committee license fee credit | $50K under $60K | 0 | $0 | $0 | ||||||||||||||||||||
81 | 2023 | Certified Colorado disability funding committee license fee credit | $60K under $75K | 0 | $0 | $0 | ||||||||||||||||||||
82 | 2023 | Certified Colorado disability funding committee license fee credit | $75K under $100K | NR | NR | NR | ||||||||||||||||||||
83 | 2023 | Certified Colorado disability funding committee license fee credit | $100K under $200K | 0 | $0 | $0 | ||||||||||||||||||||
84 | 2023 | Certified Colorado disability funding committee license fee credit | $200K under $500K | 0 | $0 | $0 | ||||||||||||||||||||
85 | 2023 | Certified Colorado disability funding committee license fee credit | $500K under $1M | 0 | $0 | $0 | ||||||||||||||||||||
86 | 2023 | Certified Colorado disability funding committee license fee credit | $1M and over | 0 | $0 | $0 | ||||||||||||||||||||
87 | 2023 | Certified Colorado disability funding committee license fee credit | Total | NR | NR | NR | ||||||||||||||||||||
88 | 2023 | Child care center investment credit | Negative Income | 0 | $0 | $0 | ||||||||||||||||||||
89 | 2023 | Child care center investment credit | $0 under $10K | 0 | $0 | $0 | ||||||||||||||||||||
90 | 2023 | Child care center investment credit | $10K under $20K | NR | NR | NR | ||||||||||||||||||||
91 | 2023 | Child care center investment credit | $20K under $30K | NR | NR | NR | ||||||||||||||||||||
92 | 2023 | Child care center investment credit | $30K under $40K | 23 | $9,452 | $411 | ||||||||||||||||||||
93 | 2023 | Child care center investment credit | $40K under $50K | 18 | $7,628 | $424 | ||||||||||||||||||||
94 | 2023 | Child care center investment credit | $50K under $60K | 13 | $6,703 | $516 | ||||||||||||||||||||
95 | 2023 | Child care center investment credit | $60K under $75K | 33 | $24,480 | $742 | ||||||||||||||||||||
96 | 2023 | Child care center investment credit | $75K under $100K | 50 | $42,120 | $842 | ||||||||||||||||||||
97 | 2023 | Child care center investment credit | $100K under $200K | 146 | $182,248 | $1,248 | ||||||||||||||||||||
98 | 2023 | Child care center investment credit | $200K under $500K | 106 | $163,412 | $1,542 | ||||||||||||||||||||
99 | 2023 | Child care center investment credit | $500K under $1M | 32 | $137,937 | $4,311 | ||||||||||||||||||||
100 | 2023 | Child care center investment credit | $1M and over | 22 | $107,450 | $4,884 | ||||||||||||||||||||