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Colorado Department of Revenue
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2020 Individual Statistics of Income
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Table 23A. Income and Tax Data for Adams County by Size of Federal AGI ¹
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This table shows aggregate income and tax data for full-year residents by major Colorado county (i.e., most populated counties) and AGI group. Mailing addresses are used to categorize returns into a Colorado county. See Table 22 for data on all counties.
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I. Number of Returns and Aggregate Dollar Amounts
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Size of Federal AGI Number
of Returns 		Federal AGI Federal
Taxable Income 		Colorado
Taxable Income ² 		Federal Tax Colorado
Gross Tax ³ 		Colorado
Net Tax
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Negative Income 1,635 ($133,826,589)$0 ($142,530,081)$433,382 $38,747 $46,239
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$0 under $10K 23,038 $109,209,233 $714,920 ($160,120,847)$2,424,892 $301,578 $304,188
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$10K under $20K 23,911 $357,306,342 $47,040,514 ($6,487,311)$11,001,469 $2,745,585 $2,739,661
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$20K under $30K 23,557 $590,771,265 $227,698,375 $198,065,986 $25,398,483 $10,495,321 $10,476,766
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$30K under $40K 24,526 $857,552,786 $463,390,109 $432,210,374 $45,051,437 $20,443,881 $20,409,141
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$40K under $50K 20,961 $939,716,736 $589,497,228 $552,236,396 $60,842,660 $25,586,194 $25,524,546
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$50K under $60K 17,133 $939,121,173 $635,895,793 $596,302,989 $64,608,411 $27,363,263 $27,293,783
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$60K under $75K 19,303 $1,295,328,592 $920,163,169 $853,993,042 $104,339,077 $39,269,426 $39,116,075
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$75K under $100K 21,304 $1,841,326,413 $1,371,083,850 $1,276,350,195 $163,092,305 $58,422,413 $58,178,632
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$100K under $200K 30,192 $4,071,212,106 $3,288,848,525 $3,146,868,297 $462,794,365 $143,276,849 $142,325,388
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$200K under $500K 6,409 $1,746,301,568 $1,528,964,978 $1,490,881,955 $295,561,948 $67,837,531 $66,808,671
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$500K under $1M 536 $356,467,732 $319,865,988 $315,829,957 $84,884,099 $14,370,260 $13,638,398
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$1M and over 207 $481,746,801 $426,512,980 $423,847,681 $122,762,522 $19,285,065 $17,743,375
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Total 212,712 $13,452,234,158 $9,819,676,429 $8,977,448,633 $1,443,195,050 $429,436,113 $424,604,863
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II. Number of Returns and Average Dollar Amounts per Return
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Size of Federal AGI Number
of Returns 		Federal AGI Federal
Taxable Income 		Colorado
Taxable Income ² 		Federal Tax Colorado
Gross Tax ³ 		Colorado
Net Tax
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Negative Income 1,635 ($81,851)$0 ($87,174)$265 $24 $28
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$0 under $10K 23,038 $4,740 $31 ($6,950)$105 $13 $13
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$10K under $20K 23,911 $14,943 $1,967 ($271)$460 $115 $115
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$20K under $30K 23,557 $25,078 $9,666 $8,408 $1,078 $446 $445
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$30K under $40K 24,526 $34,965 $18,894 $17,623 $1,837 $834 $832
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$40K under $50K 20,961 $44,832 $28,124 $26,346 $2,903 $1,221 $1,218
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$50K under $60K 17,133 $54,814 $37,115 $34,804 $3,771 $1,597 $1,593
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$60K under $75K 19,303 $67,105 $47,669 $44,241 $5,405 $2,034 $2,026
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$75K under $100K 21,304 $86,431 $64,358 $59,911 $7,655 $2,742 $2,731
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$100K under $200K 30,192 $134,844 $108,931 $104,229 $15,328 $4,746 $4,714
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$200K under $500K 6,409 $272,476 $238,565 $232,623 $46,117 $10,585 $10,424
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$500K under $1M 536 $665,052 $596,765 $589,235 $158,366 $26,810 $25,445
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$1M and over 207 $2,327,279 $2,060,449 $2,047,573 $593,056 $93,165 $85,717
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Average 212,712 $63,242 $46,164 $42,205 $6,785 $2,019 $1,996
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Source: Federal and Colorado individual income tax returns (full-year residents only)
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NR - Not releasable due to confidentiality requirements. Total includes NR data.
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¹ Returns with a mailing address that do not match a Colorado county are excluded from this table.
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² The Colorado Taxable Income (CTI) reported on Colorado returns can be positive, zero, or negative. The CTI is negative when the taxpayer reports losses and/or subtractions greater than their income and additions. Negative values do not reduce their tax liability to be less than $0.
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³ Colorado Gross Tax is determined based on Colorado Taxable Income greater than zero. To calculate positive Colorado Taxable Income, divide the Colorado Gross Tax by the income tax rate.
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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 25, 2022
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Publish date: September 2024
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