If the taxpayer’s federal adjusted gross income for the preceding year was more than $150,000 or, if married filing separately, more than $75,000, the total required annual payment is the lesser of:

70% of the taxpayer’s actual net tax liability for the current tax year;

110% of the taxpayer’s actual net tax liability for the preceding tax year.

← Required annual payment Limitation on use of preceding year’s liability →

in view

Whole section

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Axiom
Colorado
Guidance
Cdor
Individual Income Tax Guide
Block 84

High-income taxpayers

Official source

70% of the taxpayer’s actual net tax liability for the current tax year;

110% of the taxpayer’s actual net tax liability for the preceding tax year.

← Required annual payment Limitation on use of preceding year’s liability →

in view

Whole section