Tag Archives: Colorado
Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]
— Read moreWhen you file your tax return, you’re likely made aware of whether or not you qualify for a federal earned income tax credit (EITC), and if so, you may also be eligible to receive one on the state level. Taxpayers who live in Colorado follow the federal government’s eligibility requirements. The state EITC offers a […]
— Read moreWho Qualifies as a Colorado Part-Year Resident? An individual who resides in Colorado for a portion of the tax year is considered a part-year resident of the state. Part-year residency status includes individuals who have entered the state during the year with the intent of establishing domicile, or one who leaves the state in order […]
— Read moreThe state of Colorado’s income tax rate isn’t dependent on income level, as all earnings are taxed at 4.63%. The deadline for all tax returns in the state is April 15th, unless that date is a weekend or holiday, in which case tax returns would be due the next business day. Who is a Colorado […]
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