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Colorado Department of Revenue
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2019 Individual Statistics of Income
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Table 19. Selected Federal Tax Credits by Size of Federal AGI
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This table summarizes selected federal credit data from Form 1040 and Schedule 3, as reported on full-year resident federal returns.
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I. Number of Returns
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Size of Federal AGI Child Tax Credit and Credit for Other Dependents Earned Income Tax Credit Additional Child Tax Credit Foreign Tax Credit Child and Dependent Care Expenses Credit Education Credits Retirement Savings Contributions Credit General Business Credits Adoption Credit Credit for the Elderly or Disabled
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Negative Income862,8751,36823NRNR20NRNRNR
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$ 0 to $ 9,99912178,03616,9201,287NR11778NR029
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$ 10,000 to $ 19,99911,67193,42650,8212,86479012,22112,27064NR589
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$ 20,000 to $ 29,99953,55156,67555,2235,4224,76318,20643,131120NRNR
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$ 30,000 to $ 39,99963,59054,18949,2236,9236,39715,49130,114175280
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$ 40,000 to $ 49,99953,62623,64626,7238,1855,29411,88719,740212700
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$ 50,000 to $ 59,99945,8643,83216,8059,2844,5418,55314,254252770
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$ 60,000 to $ 74,99958,4743212,43714,6716,1499,8536,8304651500
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$ 75,000 to $ 99,99978,916206,28023,56610,98413,917197472610
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$ 100,000 to $ 199,999163,021NR1,71563,76432,59324,004NR2,5644280
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$ 200,000 to $ 499,99966,486NRNR45,12415,119NRNR3,034420
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$ 500,000 to $ 999,999NRNRNR10,6271,749001,387NR0
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$ 1,000,000 and overNRNR06,340428001,23800
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Total595,630312,743237,561198,08088,818114,273126,47210,2761,065632
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II. Federal Tax Credits
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Size of Federal AGI Child Tax Credit and Credit for Other Dependents Earned Income Tax Credit Additional Child Tax Credit Foreign Tax Credit Child and Dependent Care Expenses Credit Education Credits Retirement Savings Contributions Credit General Business Credits Adoption Credit Credit for the Elderly or Disabled
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Negative Income$112,024 $2,932,799 $2,876,846 $2,271 NRNR$11,004 NRNR$5,439
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$ 0 to $ 9,999$68,423 $67,163,630 $11,749,113 $53,089 NR$35,279 $27,917 NR$0 NR
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$ 10,000 to $ 19,999$2,629,213 $249,324,614 $82,126,509 $138,056 $140,593 $4,478,362 $2,531,843 $23,738 NR$50,500
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$ 20,000 to $ 29,999$31,879,133 $211,376,423 $111,480,224 $288,933 $2,300,083 $15,695,576 $6,668,549 $90,810 NRNR
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$ 30,000 to $ 39,999$79,147,423 $113,863,537 $95,465,834 $483,512 $3,928,297 $15,959,420 $6,598,640 $182,803 $21,340 $0
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$ 40,000 to $ 49,999$96,513,833 $27,945,015 $56,837,482 $603,469 $2,912,570 $13,176,109 $3,107,052 $285,008 $98,908 $0
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$ 50,000 to $ 59,999$101,082,462 $1,926,366 $32,304,422 $807,382 $2,414,518 $10,392,521 $2,394,272 $369,386 $136,938 $0
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$ 60,000 to $ 74,999$150,567,165 $75,268 $22,331,048 $1,546,634 $3,294,272 $12,293,313 $1,224,379 $953,147 $451,030 $0
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$ 75,000 to $ 99,999$226,249,204 $45,580 $10,689,135 $3,163,290 $6,155,057 $17,392,280 NR$1,853,425 $1,160,877 $0
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$ 100,000 to $ 199,999$485,056,032 NR$3,750,009 $14,742,615 $18,379,188 $33,548,774 $14,937 $8,607,873 $3,550,422 $0
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$ 200,000 to $ 499,999$201,189,585 NRNR$32,300,698 $8,222,831 NRNR$11,471,643 $417,456 $0
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$ 500,000 to $ 999,999NRNRNR$29,356,316 $1,043,376 $0 $0 $9,634,913 NR$0
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$ 1,000,000 and overNRNR$0 $131,852,977 $265,578 $0 $0 $30,108,215 $0 $0
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Total$1,374,778,847 $674,682,562 $429,718,802 $215,339,242 $49,060,104 $122,993,561 $22,590,374 $63,592,226 $5,845,282 $61,986
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III. Average Federal Tax Credits Per Return
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Size of Federal AGI Child Tax Credit and Credit for Other Dependents Earned Income Tax Credit Additional Child Tax Credit Foreign Tax Credit Child and Dependent Care Expenses Credit Education Credits Retirement Savings Contributions Credit General Business Credits Adoption Credit Credit for the Elderly or Disabled
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Negative Income$1,303$1,020$2,103$99NRNR$550NRNR$544
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$ 0 to $ 9,999$565$861$694$41NR$302$358NR$0NR
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$ 10,000 to $ 19,999$225$2,669$1,616$48$178$366$206$371NR$86
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$ 20,000 to $ 29,999$595$3,730$2,019$53$483$862$155$757NRNR
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$ 30,000 to $ 39,999$1,245$2,101$1,939$70$614$1,030$219$1,045$762$0
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$ 40,000 to $ 49,999$1,800$1,182$2,127$74$550$1,108$157$1,344$1,413$0
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$ 50,000 to $ 59,999$2,204$503$1,922$87$532$1,215$168$1,466$1,778$0
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$ 60,000 to $ 74,999$2,575$2,352$1,796$105$536$1,248$179$2,050$3,007$0
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$ 75,000 to $ 99,999$2,867$2,279$1,702$134$560$1,250NR$2,481$4,448$0
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$ 100,000 to $ 199,999$2,975NR$2,187$231$564$1,398$1,067$3,357$8,295$0
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$ 200,000 to $ 499,999$3,026NRNR$716$544NRNR$3,781$9,939$0
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$ 500,000 to $ 999,999NRNRNR$2,762$597$0$0$6,947NR$0
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$ 1,000,000 and overNRNR$0$20,797$621$0$0$24,320$0$0
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Average$2,308$2,157$1,809$1,087$552$1,076$179$6,188$5,489$98
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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 26, 2021
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Publish date: November 2022
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