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Colorado Department of Revenue
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2020 Individual Statistics of Income
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Table 21E. Income and Tax Data for Western Slope Region by Size of Federal AGI ¹
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This table shows aggregate income and tax data for full-year residents by Colorado region and AGI group. A region is a group of one or more counties defined by the Colorado Department of Local Affairs. Mailing addresses are used to categorize returns into a Colorado region. The Western Slope Region includes: Archuleta, Delta, Dolores, Eagle, Garfield, Grand, Gunnison, Hinsdale, Jackson, La Plata, Mesa, Moffat, Montezuma, Montrose, Ouray, Pitkin, Rio Blanco, Routt, San Juan, San Miguel, and Summit 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 5,470 ($828,376,436)$0 ($670,019,588)$2,980,483 $517,631 $628,190
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$0 under $10K 31,450 $148,516,405 $2,121,553 ($230,006,023)$3,442,968 $419,641 $420,972
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$10K under $20K 29,269 $435,790,079 $57,072,332 ($26,679,637)$12,617,021 $3,428,484 $3,399,192
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$20K under $30K 29,737 $746,141,510 $282,703,331 $224,417,589 $32,961,819 $12,988,650 $12,890,195
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$30K under $40K 28,514 $995,724,242 $529,511,057 $472,035,766 $55,552,798 $23,012,622 $22,811,443
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$40K under $50K 23,298 $1,043,327,199 $640,875,172 $565,505,174 $66,530,703 $26,695,463 $26,402,946
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$50K under $60K 18,162 $995,059,157 $656,644,686 $572,391,233 $69,867,168 $26,623,325 $26,232,692
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$60K under $75K 20,639 $1,385,931,849 $958,562,995 $821,489,596 $109,887,665 $38,168,892 $37,506,631
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$75K under $100K 23,993 $2,077,443,643 $1,514,860,370 $1,306,354,403 $177,803,752 $60,198,293 $58,893,867
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$100K under $200K 35,300 $4,777,400,920 $3,788,780,363 $3,440,529,494 $531,944,889 $156,722,616 $152,449,784
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$200K under $500K 11,869 $3,490,356,038 $2,984,090,219 $2,854,138,904 $575,865,391 $130,071,612 $122,885,187
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$500K under $1M 2,314 $1,563,317,058 $1,389,962,093 $1,375,096,206 $349,084,301 $62,602,030 $57,300,317
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$1M and over 1,326 $4,168,110,149 $3,765,614,599 $3,770,403,322 $1,085,814,033 $171,609,030 $142,727,293
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Total 261,341 $20,998,741,813 $16,570,798,770 $14,475,656,439 $3,074,352,991 $713,058,289 $664,548,709
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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 5,470 ($151,440)$0 ($122,490)$545 $95 $115
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$0 under $10K 31,450 $4,722 $67 ($7,313)$109 $13 $13
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$10K under $20K 29,269 $14,889 $1,950 ($912)$431 $117 $116
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$20K under $30K 29,737 $25,091 $9,507 $7,547 $1,108 $437 $433
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$30K under $40K 28,514 $34,921 $18,570 $16,555 $1,948 $807 $800
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$40K under $50K 23,298 $44,782 $27,508 $24,273 $2,856 $1,146 $1,133
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$50K under $60K 18,162 $54,788 $36,155 $31,516 $3,847 $1,466 $1,444
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$60K under $75K 20,639 $67,151 $46,444 $39,803 $5,324 $1,849 $1,817
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$75K under $100K 23,993 $86,585 $63,138 $54,447 $7,411 $2,509 $2,455
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$100K under $200K 35,300 $135,337 $107,331 $97,465 $15,069 $4,440 $4,319
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$200K under $500K 11,869 $294,073 $251,419 $240,470 $48,518 $10,959 $10,353
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$500K under $1M 2,314 $675,591 $600,675 $594,251 $150,858 $27,054 $24,762
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$1M and over 1,326 $3,143,371 $2,839,830 $2,843,441 $818,864 $129,419 $107,637
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Average 261,341 $80,350 $63,407 $55,390 $11,764 $2,728 $2,543
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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 region 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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