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Colorado Department of Revenue
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2019 Individual Statistics of Income
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Table 16. Income and Tax Data by Size of Federal AGI and Standard/Itemized Deduction Returns ¹
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This table summarizes standard and itemized deduction returns filed by full-year residents. Federal AGI and Colorado net tax are summarized for each category.
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I. Number of Returns and Aggregate Dollar Amounts
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Size of Federal AGI Standard Deduction Returns Itemized Deduction Returns
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 Number of Returns Federal AGI Colorado
Net Tax 		Number of Returns Federal AGI Colorado
Net Tax
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Negative IncomeNANANANANANA
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$ 0 to $ 9,999277,563$1,393,561,788 $7,250,423 3,050$16,104,300 $107,927
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$ 10,000 to $ 19,999275,942$4,107,605,982 $23,793,504 5,078$78,021,391 $318,144
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$ 20,000 to $ 29,999268,310$6,717,446,629 $110,048,084 6,959$175,810,421 $1,464,765
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$ 30,000 to $ 39,999251,838$8,776,857,918 $198,194,164 9,474$334,473,010 $4,729,087
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$ 40,000 to $ 49,999203,527$9,119,529,749 $235,078,466 13,370$605,284,253 $12,115,550
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$ 50,000 to $ 59,999160,504$8,795,474,531 $240,365,779 17,256$951,663,512 $22,843,357
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$ 60,000 to $ 74,999179,980$12,066,583,151 $339,991,098 29,241$1,975,724,863 $53,440,490
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$ 75,000 to $ 99,999200,651$17,368,224,733 $508,534,817 46,352$4,040,625,955 $119,898,798
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$ 100,000 to $ 199,999290,655$39,174,103,337 $1,284,524,012 118,843$17,103,015,878 $570,640,842
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$ 200,000 to $ 499,99970,457$19,563,343,859 $722,809,117 78,258$23,000,140,678 $835,844,124
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$ 500,000 to $ 999,9997,201$4,765,816,387 $184,991,802 14,777$9,982,660,263 $363,518,395
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$ 1,000,000 and over2,536$5,794,617,237 $225,128,027 7,758$25,016,144,584 $883,447,182
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Total2,189,164$137,643,165,301 $4,080,709,293 350,416$83,279,669,108 $2,868,368,661
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II. Number of Returns and Average Dollar Amounts per Return
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Size of Federal AGI Standard Deduction Returns Itemized Deduction Returns
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 Number of Returns Federal AGI Colorado
Net Tax 		Number of Returns Federal AGI Colorado
Net Tax
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Negative IncomeNANANANANANA
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$ 0 to $ 9,999277,563$5,021 $26 3,050$5,280 $35
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$ 10,000 to $ 19,999275,942$14,886 $86 5,078$15,365 $63
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$ 20,000 to $ 29,999268,310$25,036 $410 6,959$25,264 $210
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$ 30,000 to $ 39,999251,838$34,851 $787 9,474$35,304 $499
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$ 40,000 to $ 49,999203,527$44,807 $1,155 13,370$45,272 $906
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$ 50,000 to $ 59,999160,504$54,799 $1,498 17,256$55,150 $1,324
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$ 60,000 to $ 74,999179,980$67,044 $1,889 29,241$67,567 $1,828
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$ 75,000 to $ 99,999200,651$86,559 $2,534 46,352$87,173 $2,587
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$ 100,000 to $ 199,999290,655$134,779 $4,419 118,843$143,913 $4,802
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$ 200,000 to $ 499,99970,457$277,664 $10,259 78,258$293,901 $10,681
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$ 500,000 to $ 999,9997,201$661,827 $25,690 14,777$675,554 $24,600
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$ 1,000,000 and over2,536$2,284,944 $88,773 7,758$3,224,561 $113,876
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Average2,189,164$62,875 $1,864 350,416$237,659 $8,186
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Source: Federal and Colorado individual income tax returns (full-year residents only)
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NA - Not applicable
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¹ The type of deductions used is inferred using federal rules, federal AGI, and federal taxable income. Returns with zero or negative AGI are not categorized as Standard or Itemized because their taxable income cannot be reduced further. In general, returns reporting itemized deductions on Schedule A greater than the standard deduction amount are categorized as Itemized Deduction Returns. The exception is where returns with itemized deductions that are less than the standard deduction are using the lesser amount to reduce their federal taxable income, and are thus categorized as Itemized Deduction Returns. All other returns are categorized as Standard Deduction Returns.
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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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