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Colorado Department of Revenue
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2019 Individual Statistics of Income
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Table 26. Colorado Income Tax Prepayments by Size of Federal AGI
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This table summarizes Colorado income tax prepayments, which are applied towards Colorado income tax liability, as reported on full-year resident Colorado returns.
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I. Number of Returns
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Size of Federal AGI Withholding Estimated Tax Carryforward Estimated Payments Extension Payments Other Prepayments
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Negative Income 7,114 939 563 147 11
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$ 0 to $ 9,999 189,744 1,088 808 442 18
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$ 10,000 to $ 19,999 210,600 1,298 1,367 455 23
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$ 20,000 to $ 29,999 230,605 1,427 2,026 526 20
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$ 30,000 to $ 39,999 230,672 1,676 2,711 560 17
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$ 40,000 to $ 49,999 193,903 1,924 3,362 588 17
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$ 50,000 to $ 59,999 159,374 2,120 4,307 641 19
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$ 60,000 to $ 74,999 188,179 3,485 8,084 943 29
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$ 75,000 to $ 99,999 224,423 6,070 14,458 1,644 37
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$ 100,000 to $ 199,999 376,671 19,059 44,032 5,534 70
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$ 200,000 to $ 499,999 133,801 18,272 33,885 6,559 69
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$ 500,000 to $ 999,999 18,255 6,349 9,376 2,869 30
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$ 1,000,000 and over 8,022 4,722 6,064 2,840 42
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Total 2,171,363 68,429 131,043 23,748 402
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II. Prepayments
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Size of Federal AGI Withholding Estimated Tax Carryforward Estimated Payments Extension Payments Other Prepayments
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Negative Income$10,928,013 $6,278,554 $6,369,933 $843,627 $34,535
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$ 0 to $ 9,999$33,273,591 $653,423 $919,915 $268,850 $29,842
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$ 10,000 to $ 19,999$85,825,855 $879,558 $1,197,899 $279,201 $21,876
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$ 20,000 to $ 29,999$171,994,897 $1,038,222 $2,046,724 $346,324 $9,938
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$ 30,000 to $ 39,999$253,803,652 $1,282,586 $3,065,205 $460,108 $15,542
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$ 40,000 to $ 49,999$282,142,832 $1,560,403 $4,341,433 $707,807 $11,394
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$ 50,000 to $ 59,999$285,066,862 $1,882,403 $5,854,872 $708,221 $16,983
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$ 60,000 to $ 74,999$408,395,824 $2,966,624 $12,557,474 $1,220,705 $28,102
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$ 75,000 to $ 99,999$621,125,931 $6,010,841 $27,063,736 $2,536,620 $34,433
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$ 100,000 to $ 199,999$1,696,999,523 $27,161,596 $131,934,367 $13,800,416 $145,128
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$ 200,000 to $ 499,999$1,231,481,271 $55,499,363 $224,583,693 $37,016,369 $163,809
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$ 500,000 to $ 999,999$330,178,786 $44,331,036 $141,625,428 $37,797,097 $80,419
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$ 1,000,000 and over$354,521,730 $136,732,422 $381,184,544 $289,166,373 $184,223
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Total$5,765,738,767 $286,277,031 $942,745,223 $385,151,718 $776,224
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III. Average Prepayments per Return
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Size of Federal AGI Withholding Estimated Tax Carryforward Estimated Payments Extension Payments Other Prepayments
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Negative Income$1,536 $6,686 $11,314 $5,739 $3,140
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$ 0 to $ 9,999$175 $601 $1,139 $608 $1,658
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$ 10,000 to $ 19,999$408 $678 $876 $614 $951
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$ 20,000 to $ 29,999$746 $728 $1,010 $658 $497
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$ 30,000 to $ 39,999$1,100 $765 $1,131 $822 $914
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$ 40,000 to $ 49,999$1,455 $811 $1,291 $1,204 $670
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$ 50,000 to $ 59,999$1,789 $888 $1,359 $1,105 $894
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$ 60,000 to $ 74,999$2,170 $851 $1,553 $1,294 $969
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$ 75,000 to $ 99,999$2,768 $990 $1,872 $1,543 $931
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$ 100,000 to $ 199,999$4,505 $1,425 $2,996 $2,494 $2,073
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$ 200,000 to $ 499,999$9,204 $3,037 $6,628 $5,644 $2,374
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$ 500,000 to $ 999,999$18,087 $6,982 $15,105 $13,174 $2,681
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$ 1,000,000 and over$44,194 $28,956 $62,860 $101,819 $4,386
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Average$2,655 $4,184 $7,194 $16,218 $1,931
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Source: Federal and Colorado individual income tax returns (full-year residents only)
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Prepared by: Office of Research and Analysis, Colorado Department of Revenue | dor_ora@state.co.us
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Data extracted: August 26, 2021
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Publish date: November 2022
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