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Colorado Department of Revenue
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2020 Individual Statistics of Income
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Table 11. Federal AGI by Size of Federal AGI and Age Group ¹
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This table categorizes full-year resident returns by age group based on the dates of birth listed on federal returns. Joint returns are categorized using the oldest filer. Federal AGI is summarized for each category.
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I. Number of Returns
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Size of Federal AGIUnder 1818 under 2626 under 3535 under 4545 under 5555 under 6565 and olderAll Returns
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Negative Income 674 2,896 4,090 4,295 4,788 6,314 12,554 35,611
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$0 under $10K 29,910 112,505 41,467 26,604 19,589 22,156 47,181 299,412
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$10K under $20K 7,403 97,388 50,273 30,964 22,251 22,421 44,903 275,603
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$20K under $30K 936 76,609 64,905 38,199 27,014 26,155 37,736 271,554
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$30K under $40K 167 50,695 76,041 43,832 30,866 29,885 32,693 264,179
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$40K under $50K 113 26,595 65,773 41,802 29,913 28,925 31,458 224,579
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$50K under $60K 52 14,316 49,323 36,084 27,004 26,139 30,357 183,275
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$60K under $75K 51 11,192 51,149 43,215 33,560 33,259 42,800 215,226
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$75K under $100K 38 6,111 49,855 52,898 43,547 43,617 56,952 253,018
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$100K under $200K 62 2,538 53,122 94,164 90,508 86,718 94,045 421,157
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$200K under $500K 27 216 9,696 34,480 43,496 38,380 30,075 156,370
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$500K under $1MNRNR 729 4,485 7,177 6,383 4,783 23,614
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$1M and overNRNR 315 1,656 3,230 3,422 2,781 11,447
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Total 39,441 401,153 516,738 452,678 382,943 373,774 468,318 2,635,045
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II. Federal AGI
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Size of Federal AGIUnder 1818 under 2626 under 3535 under 4545 under 5555 under 6565 and olderAll Returns
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Negative Income($2,452,031)($17,754,978)($156,772,106)($451,535,379)($776,172,073)($1,355,662,000)($2,669,208,209)($5,429,556,776)
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$0 under $10K$131,600,619 $564,002,921 $188,799,033 $114,592,750 $83,240,612 $91,136,824 $207,163,171 $1,380,535,930
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$10K under $20K$99,747,121 $1,436,789,667 $762,564,298 $468,090,358 $334,099,618 $337,161,238 $666,048,514 $4,104,500,814
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$20K under $30K$21,916,974 $1,898,570,191 $1,637,575,131 $961,103,526 $681,305,525 $659,476,442 $940,494,394 $6,800,442,183
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$30K under $40K$5,706,759 $1,750,970,230 $2,661,351,182 $1,535,986,989 $1,081,214,361 $1,046,380,007 $1,141,737,100 $9,223,346,628
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$40K under $50K$5,044,866 $1,182,673,343 $2,946,129,504 $1,876,734,150 $1,344,296,594 $1,299,041,281 $1,412,939,439 $10,066,859,177
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$50K under $60K$2,821,434 $780,550,816 $2,700,494,543 $1,978,262,654 $1,482,186,101 $1,434,123,594 $1,669,277,077 $10,047,716,219
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$60K under $75K$3,438,937 $744,277,276 $3,424,185,291 $2,903,478,161 $2,256,865,320 $2,236,064,938 $2,882,797,925 $14,451,107,848
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$75K under $100K$3,276,323 $516,760,836 $4,295,193,095 $4,589,183,391 $3,781,971,706 $3,788,527,092 $4,947,244,525 $21,922,156,968
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$100K under $200K$7,972,700 $315,017,426 $7,013,833,225 $12,986,992,447 $12,718,006,010 $12,093,506,367 $12,800,481,149 $57,935,809,324
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$200K under $500K$8,667,303 $60,819,659 $2,648,432,427 $9,829,704,606 $12,618,399,773 $11,121,493,572 $8,635,529,389 $44,923,046,729
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$500K under $1MNRNR$480,422,042 $2,980,266,686 $4,834,671,193 $4,334,613,555 $3,232,107,954 $15,901,802,836
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$1M and overNRNR$892,079,728 $4,535,235,974 $8,755,408,028 $10,799,814,580 $9,194,749,514 $34,306,442,526
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Total$300,545,668 $9,388,748,832 $29,494,287,393 $44,308,096,313 $49,195,492,768 $47,885,677,490 $45,061,361,942 $225,634,210,406
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III. Average Federal AGI per Return
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Size of Federal AGIUnder 1818 under 2626 under 3535 under 4545 under 5555 under 6565 and olderAll Returns
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Negative Income($3,638)($6,131)($38,331)($105,130)($162,108)($214,707)($212,618)($152,469)
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$0 under $10K$4,400 $5,013 $4,553 $4,307 $4,249 $4,113 $4,391 $4,611
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$10K under $20K$13,474 $14,753 $15,168 $15,117 $15,015 $15,038 $14,833 $14,893
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$20K under $30K$23,416 $24,783 $25,230 $25,160 $25,220 $25,214 $24,923 $25,043
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$30K under $40K$34,172 $34,539 $34,999 $35,043 $35,029 $35,014 $34,923 $34,913
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$40K under $50K$44,645 $44,470 $44,792 $44,896 $44,940 $44,911 $44,915 $44,825
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$50K under $60K$54,258 $54,523 $54,751 $54,824 $54,888 $54,865 $54,988 $54,823
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$60K under $75K$67,430 $66,501 $66,945 $67,187 $67,249 $67,232 $67,355 $67,144
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$75K under $100K$86,219 $84,562 $86,154 $86,755 $86,848 $86,859 $86,867 $86,643
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$100K under $200K$128,592 $124,120 $132,033 $137,919 $140,518 $139,458 $136,110 $137,563
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$200K under $500K$321,011 $281,572 $273,147 $285,084 $290,105 $289,773 $287,133 $287,287
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$500K under $1MNRNR$659,015 $664,496 $673,634 $679,087 $675,749 $673,406
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$1M and overNRNR$2,831,999 $2,738,669 $2,710,653 $3,155,995 $3,306,275 $2,996,981
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Average$7,620 $23,404 $57,078 $97,880 $128,467 $128,114 $96,220 $85,628
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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 without birth dates listed on the federal return are excluded from this table.
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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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