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Colorado Department of Revenue
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2020 Individual Statistics of Income
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Table 23E. Income and Tax Data for Douglas 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 1,971 ($320,412,227)$0 ($252,092,968)$1,157,458 $125,664 $135,811
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$0 under $10K 16,991 $79,321,638 $2,210,842 ($71,115,010)$1,362,889 $343,814 $344,926
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$10K under $20K 11,325 $165,961,266 $24,465,046 ($872,508)$4,271,063 $1,433,044 $1,426,521
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$20K under $30K 9,421 $235,294,026 $94,146,539 $70,049,275 $10,613,512 $4,263,611 $4,232,543
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$30K under $40K 9,024 $315,741,634 $172,225,156 $145,228,237 $18,343,047 $7,259,853 $7,217,548
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$40K under $50K 8,535 $383,038,761 $240,561,728 $209,424,429 $25,568,878 $9,938,056 $9,878,133
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$50K under $60K 7,661 $420,788,275 $285,221,919 $247,995,637 $30,953,095 $11,577,148 $11,503,553
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$60K under $75K 10,449 $703,603,210 $501,430,228 $441,945,868 $60,449,970 $20,329,778 $20,171,862
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$75K under $100K 15,566 $1,356,936,084 $1,008,517,493 $902,714,030 $125,319,073 $41,176,261 $40,836,010
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$100K under $200K 40,573 $5,772,137,280 $4,668,890,478 $4,403,050,687 $675,475,670 $200,485,235 $198,585,714
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$200K under $500K 21,387 $6,147,013,761 $5,390,411,425 $5,273,222,773 $1,048,161,814 $239,964,018 $235,077,652
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$500K under $1M 2,907 $1,951,341,002 $1,779,287,021 $1,757,919,765 $470,151,356 $79,995,782 $75,792,583
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$1M and over 1,256 $3,156,983,281 $2,907,344,463 $2,887,101,115 $868,056,273 $131,393,522 $120,370,755
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Total 157,066 $20,367,747,991 $17,074,712,338 $16,014,571,330 $3,339,884,098 $748,285,786 $725,573,611
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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 1,971 ($162,563)$0 ($127,901)$587 $64 $69
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$0 under $10K 16,991 $4,668 $130 ($4,185)$80 $20 $20
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$10K under $20K 11,325 $14,654 $2,160 ($77)$377 $127 $126
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$20K under $30K 9,421 $24,975 $9,993 $7,435 $1,127 $453 $449
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$30K under $40K 9,024 $34,989 $19,085 $16,094 $2,033 $805 $800
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$40K under $50K 8,535 $44,879 $28,185 $24,537 $2,996 $1,164 $1,157
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$50K under $60K 7,661 $54,926 $37,230 $32,371 $4,040 $1,511 $1,502
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$60K under $75K 10,449 $67,337 $47,988 $42,296 $5,785 $1,946 $1,931
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$75K under $100K 15,566 $87,173 $64,790 $57,993 $8,051 $2,645 $2,623
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$100K under $200K 40,573 $142,265 $115,074 $108,522 $16,648 $4,941 $4,895
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$200K under $500K 21,387 $287,418 $252,041 $246,562 $49,009 $11,220 $10,992
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$500K under $1M 2,907 $671,256 $612,070 $604,720 $161,731 $27,518 $26,072
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$1M and over 1,256 $2,513,522 $2,314,765 $2,298,647 $691,128 $104,613 $95,837
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Average 157,066 $129,676 $108,710 $101,961 $21,264 $4,764 $4,620
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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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