A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Colorado Department of Revenue | |||||||||||||||||||||||||
2 | 2018 Individual Statistics of Income | |||||||||||||||||||||||||
3 | Table 19. Selected Federal Tax Credits by Size of Federal AGI | |||||||||||||||||||||||||
4 | ||||||||||||||||||||||||||
5 | This table summarizes selected federal credit data from Form 1040 and Schedule 3, as reported on full-year resident federal returns. | |||||||||||||||||||||||||
6 | ||||||||||||||||||||||||||
7 | I. Number of Returns | |||||||||||||||||||||||||
8 | 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 | |||||||||||||||
9 | Negative Income | 91 | 2,493 | 1,301 | 20 | NR | NR | NR | NR | 0 | 14 | |||||||||||||||
10 | $ 0 to $ 9,999 | 141 | 74,197 | 18,170 | 1,340 | NR | 124 | 78 | NR | 0 | 36 | |||||||||||||||
11 | $ 10,000 to $ 19,999 | 13,320 | 94,817 | 53,793 | 2,886 | 996 | 15,319 | 12,477 | 64 | NR | 525 | |||||||||||||||
12 | $ 20,000 to $ 29,999 | 56,437 | 59,172 | 58,017 | 5,019 | 5,336 | 19,809 | 43,229 | 122 | NR | NR | |||||||||||||||
13 | $ 30,000 to $ 39,999 | 64,436 | 54,299 | 49,260 | 6,726 | 6,524 | 16,369 | 27,053 | 182 | 28 | 0 | |||||||||||||||
14 | $ 40,000 to $ 49,999 | 54,406 | 21,742 | 27,252 | 7,606 | 5,364 | 12,194 | 19,163 | 230 | 64 | 0 | |||||||||||||||
15 | $ 50,000 to $ 59,999 | 45,878 | 3,041 | 17,077 | 8,737 | 4,728 | 9,785 | 15,027 | 257 | 85 | 0 | |||||||||||||||
16 | $ 60,000 to $ 74,999 | 58,940 | 31 | 12,165 | 13,878 | 6,681 | 11,569 | 5,402 | 422 | 164 | NR | |||||||||||||||
17 | $ 75,000 to $ 99,999 | 80,237 | 26 | 5,999 | 22,715 | 12,121 | 15,188 | 31 | 700 | 265 | 0 | |||||||||||||||
18 | $ 100,000 to $ 199,999 | 160,875 | NR | 1,578 | 60,188 | 32,925 | 28,336 | 22 | 2,609 | 463 | 0 | |||||||||||||||
19 | $ 200,000 to $ 499,999 | 62,025 | 0 | 42 | 41,951 | 13,739 | NR | NR | 3,235 | 50 | 0 | |||||||||||||||
20 | $ 500,000 to $ 999,999 | NR | NR | 0 | 10,251 | 1,541 | 0 | 0 | 1,468 | 0 | 0 | |||||||||||||||
21 | $ 1,000,000 and over | NR | 0 | 0 | 6,122 | 380 | 0 | 0 | 1,318 | 0 | 0 | |||||||||||||||
22 | Total | 597,023 | 309,828 | 244,654 | 187,439 | 90,344 | 128,715 | 122,506 | 10,625 | 1,124 | 579 | |||||||||||||||
23 | ||||||||||||||||||||||||||
24 | II. Federal Tax Credits | |||||||||||||||||||||||||
25 | 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 | |||||||||||||||
26 | Negative Income | $115,276 | $2,913,040 | $2,707,586 | $3,078 | NR | NR | $21,912 | NR | $0 | $9,496 | |||||||||||||||
27 | $ 0 to $ 9,999 | $115,535 | $68,997,221 | $12,446,364 | $52,219 | NR | $39,455 | $26,067 | NR | $0 | $7,914 | |||||||||||||||
28 | $ 10,000 to $ 19,999 | $2,979,757 | $257,514,185 | $86,656,954 | $145,223 | $179,097 | $5,363,480 | $2,461,512 | $19,042 | NR | $47,517 | |||||||||||||||
29 | $ 20,000 to $ 29,999 | $34,545,291 | $213,535,945 | $116,836,370 | $275,194 | $2,625,493 | $16,500,981 | $6,685,969 | $62,726 | NR | NR | |||||||||||||||
30 | $ 30,000 to $ 39,999 | $81,343,125 | $107,983,046 | $96,605,747 | $462,642 | $3,963,023 | $16,497,126 | $6,188,165 | $147,327 | $18,310 | $0 | |||||||||||||||
31 | $ 40,000 to $ 49,999 | $98,782,808 | $25,137,434 | $58,480,669 | $628,279 | $2,860,552 | $13,210,046 | $2,949,792 | $312,954 | $91,618 | $0 | |||||||||||||||
32 | $ 50,000 to $ 59,999 | $101,860,485 | $1,350,399 | $32,552,398 | $842,234 | $2,476,935 | $11,092,602 | $2,501,053 | $441,743 | $164,195 | $0 | |||||||||||||||
33 | $ 60,000 to $ 74,999 | $153,123,679 | $52,604 | $21,906,511 | $1,617,416 | $3,519,464 | $13,366,341 | $949,097 | $817,369 | $504,623 | NR | |||||||||||||||
34 | $ 75,000 to $ 99,999 | $231,640,746 | $66,341 | $10,169,109 | $3,195,245 | $6,640,467 | $18,912,271 | NR | $1,612,349 | $1,219,110 | $0 | |||||||||||||||
35 | $ 100,000 to $ 199,999 | $476,414,605 | NR | $3,463,847 | $14,653,385 | $18,392,936 | $36,866,780 | $47,420 | $8,156,234 | $3,846,822 | $0 | |||||||||||||||
36 | $ 200,000 to $ 499,999 | $187,468,830 | $0 | $123,287 | $35,014,290 | $7,410,069 | NR | NR | $11,748,498 | $517,585 | $0 | |||||||||||||||
37 | $ 500,000 to $ 999,999 | NR | NR | $0 | $28,439,375 | $915,604 | $0 | $0 | $9,064,942 | $0 | $0 | |||||||||||||||
38 | $ 1,000,000 and over | NR | 0 | $0 | $121,471,035 | $246,070 | $0 | $0 | $26,709,684 | $0 | $0 | |||||||||||||||
39 | Total 1 | $1,368,721,337 | $677,566,339 | $441,948,842 | $206,799,615 | $49,233,933 | $131,876,223 | $21,845,896 | $59,103,016 | $6,364,327 | $65,223 | |||||||||||||||
40 | ||||||||||||||||||||||||||
41 | III. Average Federal Tax Credits Per Return | |||||||||||||||||||||||||
42 | 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 | |||||||||||||||
43 | Negative Income | $1,267 | $1,168 | $2,081 | $154 | NR | NR | $1,217 | NR | $0 | $678 | |||||||||||||||
44 | $ 0 to $ 9,999 | $819 | $930 | $685 | $39 | NR | $318 | $334 | NR | $0 | $220 | |||||||||||||||
45 | $ 10,000 to $ 19,999 | $224 | $2,716 | $1,611 | $50 | $180 | $350 | $197 | $298 | NR | $91 | |||||||||||||||
46 | $ 20,000 to $ 29,999 | $612 | $3,609 | $2,014 | $55 | $492 | $833 | $155 | $514 | NR | NR | |||||||||||||||
47 | $ 30,000 to $ 39,999 | $1,262 | $1,989 | $1,961 | $69 | $607 | $1,008 | $229 | $809 | $654 | $0 | |||||||||||||||
48 | $ 40,000 to $ 49,999 | $1,816 | $1,156 | $2,146 | $83 | $533 | $1,083 | $154 | $1,361 | $1,432 | $0 | |||||||||||||||
49 | $ 50,000 to $ 59,999 | $2,220 | $444 | $1,906 | $96 | $524 | $1,134 | $166 | $1,719 | $1,932 | $0 | |||||||||||||||
50 | $ 60,000 to $ 74,999 | $2,598 | $1,697 | $1,801 | $117 | $527 | $1,155 | $176 | $1,937 | $3,077 | NR | |||||||||||||||
51 | $ 75,000 to $ 99,999 | $2,887 | $2,552 | $1,695 | $141 | $548 | $1,245 | NR | $2,303 | $4,600 | $0 | |||||||||||||||
52 | $ 100,000 to $ 199,999 | $2,961 | NR | $2,195 | $243 | $559 | $1,301 | $2,155 | $3,126 | $8,308 | $0 | |||||||||||||||
53 | $ 200,000 to $ 499,999 | $3,022 | $0 | $2,935 | $835 | $539 | NR | NR | $3,632 | $10,352 | $0 | |||||||||||||||
54 | $ 500,000 to $ 999,999 | NR | NR | $0 | $2,774 | $594 | $0 | $0 | $6,175 | $0 | $0 | |||||||||||||||
55 | $ 1,000,000 and over | NR | 0 | $0 | $19,842 | $648 | $0 | $0 | $20,265 | $0 | $0 | |||||||||||||||
56 | Average | $2,293 | $2,187 | $1,806 | $1,103 | $545 | $1,025 | $178 | $5,563 | $5,662 | $113 | |||||||||||||||
57 | ||||||||||||||||||||||||||
58 | Source: Federal and Colorado individual income tax returns (full-year residents only) | |||||||||||||||||||||||||
59 | NR - Not releasable due to confidentiality requirements. Total includes NR data. | |||||||||||||||||||||||||
60 | 1 Figures in this table might not sum to total due to rounding. | |||||||||||||||||||||||||
61 | ||||||||||||||||||||||||||
62 | Prepared by: Office of Research and Analysis, Colorado Department of Revenue | dor_ora@state.co.us | |||||||||||||||||||||||||
63 | Data extracted: August 20, 2020 | |||||||||||||||||||||||||
64 | Publish date: November 2021 | |||||||||||||||||||||||||
65 | ||||||||||||||||||||||||||
66 | ||||||||||||||||||||||||||
67 | ||||||||||||||||||||||||||
68 | ||||||||||||||||||||||||||
69 | ||||||||||||||||||||||||||
70 | ||||||||||||||||||||||||||
71 | ||||||||||||||||||||||||||
72 | ||||||||||||||||||||||||||
73 | ||||||||||||||||||||||||||
74 | ||||||||||||||||||||||||||
75 | ||||||||||||||||||||||||||
76 | ||||||||||||||||||||||||||
77 | ||||||||||||||||||||||||||
78 | ||||||||||||||||||||||||||
79 | ||||||||||||||||||||||||||
80 | ||||||||||||||||||||||||||
81 | ||||||||||||||||||||||||||
82 | ||||||||||||||||||||||||||
83 | ||||||||||||||||||||||||||
84 | ||||||||||||||||||||||||||
85 | ||||||||||||||||||||||||||
86 | ||||||||||||||||||||||||||
87 | ||||||||||||||||||||||||||
88 | ||||||||||||||||||||||||||
89 | ||||||||||||||||||||||||||
90 | ||||||||||||||||||||||||||
91 | ||||||||||||||||||||||||||
92 | ||||||||||||||||||||||||||
93 | ||||||||||||||||||||||||||
94 | ||||||||||||||||||||||||||
95 | ||||||||||||||||||||||||||
96 | ||||||||||||||||||||||||||
97 | ||||||||||||||||||||||||||
98 | ||||||||||||||||||||||||||
99 | ||||||||||||||||||||||||||
100 |