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Colorado Department of Revenue
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2020 Individual Statistics of Income
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Table 10. Colorado Net Tax by Size of Federal AGI and Federal Filing Status
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This table categorizes full-year resident returns by federal filing status. Colorado net tax is summarized for each category.
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I. Number of Returns
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Size of Federal AGISingleMarried JointMarried
Separate
Head of
Household
Qualifying
Widow(er)
All Returns
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Negative Income 21,414 11,603 911 1,666 30 35,624
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$0 under $10K 254,919 21,448 4,552 18,624 113 299,656
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$10K under $20K 208,955 26,833 4,815 35,053 106 275,762
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$20K under $30K 186,113 35,574 6,179 43,709 107 271,682
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$30K under $40K 172,592 40,773 7,088 43,721 115 264,289
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$40K under $50K 141,520 43,844 6,931 32,260 98 224,653
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$50K under $60K 107,602 46,828 6,083 22,731 88 183,332
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$60K under $75K 110,264 76,105 6,294 22,508 114 215,285
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$75K under $100K 96,266 130,895 5,859 19,932 130 253,082
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$100K under $200K 84,792 312,321 5,950 17,996 148 421,207
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$200K under $500K 18,589 132,453 1,142 4,147 50 156,381
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$500K under $1M 2,758 20,054 NR 614 NR 23,615
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$1M and over 1,489 9,505 NR 293 NR 11,449
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Total 1,407,273 908,236 56,143 263,254 1,111 2,636,017
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II. Colorado Net Tax
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Size of Federal AGISingleMarried JointMarried
Separate
Head of
Household
Qualifying
Widow(er)
All Returns
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Negative Income$1,678,702 $6,197,917 $434,673 $154,622 $0 $8,465,914
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$0 under $10K$3,965,329 $448,309 NR$66,251 NR$4,608,126
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$10K under $20K$30,835,341 $407,059 NR$1,078,604 NR$33,277,275
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$20K under $30K$100,268,264 $2,763,471 $3,613,624 $13,587,145 $8,511 $120,241,015
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$30K under $40K$162,230,957 $14,034,265 $6,923,152 $31,931,943 $44,726 $215,165,043
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$40K under $50K$187,989,272 $29,702,597 $9,637,199 $37,246,209 $79,536 $264,654,813
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$50K under $60K$184,987,899 $48,248,861 $11,028,605 $36,092,544 $95,396 $280,453,305
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$60K under $75K$241,764,311 $113,643,647 $14,664,827 $47,293,926 $174,312 $417,541,023
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$75K under $100K$285,347,159 $300,271,099 $18,419,646 $58,100,585 $315,777 $662,454,266
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$100K under $200K$408,529,205 $1,426,653,939 $29,862,730 $87,346,424 $657,848 $1,953,050,146
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$200K under $500K$202,258,732 $1,421,611,324 $12,390,895 $45,821,595 $468,737 $1,682,551,283
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$500K under $1M$71,137,243 $515,886,311 NR$15,875,392 NR$607,757,102
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$1M and over$162,596,509 $1,029,378,071 NR$42,429,283 NR$1,259,443,794
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Total$2,043,588,923 $4,909,246,870 $137,374,288 $417,024,523 $2,428,501 $7,509,663,105
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III. Average Colorado Net Tax per Return
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Size of Federal AGISingleMarried JointMarried
Separate
Head of
Household
Qualifying
Widow(er)
All Returns
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Negative Income$78 $534 $477 $93 $0 $238
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$0 under $10K$16 $21 NR$4 NR$15
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$10K under $20K$148 $15 NR$31 NR$121
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$20K under $30K$539 $78 $585 $311 $80 $443
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$30K under $40K$940 $344 $977 $730 $389 $814
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$40K under $50K$1,328 $677 $1,390 $1,155 $812 $1,178
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$50K under $60K$1,719 $1,030 $1,813 $1,588 $1,084 $1,530
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$60K under $75K$2,193 $1,493 $2,330 $2,101 $1,529 $1,939
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$75K under $100K$2,964 $2,294 $3,144 $2,915 $2,429 $2,618
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$100K under $200K$4,818 $4,568 $5,019 $4,854 $4,445 $4,637
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$200K under $500K$10,881 $10,733 $10,850 $11,049 $9,375 $10,759
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$500K under $1M$25,793 $25,725 NR$25,856 NR$25,736
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$1M and over$109,198 $108,299 NR$144,810 NR$110,005
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Average$1,452$5,405$2,447$1,584$2,186$2,849
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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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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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