Colorado income tax rate

Colorado income tax is calculated as a percentage of Colorado taxable income. The Colorado income tax rate varies by tax year. The tax rates for recent tax years are shown below.

Colorado Income Tax Rates Tax Year Tax Rate 2019 4.5% 2020 4.55% 2021 4.5% 2022 4.4% 2023 4.4% 2024 4.25% 2025 4.4%

For individuals with Colorado taxable incomes of less than $50,000, the Department publishes tax tables which approximate the individual’s Colorado tax determined at the applicable prescribed rate.