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The Colorado Department of Revenue (DOR) is a state agency in Colorado. The department collects most types of taxes and issues state identification cards and driver licenses and also enforces Colorado laws regarding gaming, liquor, tobacco, racing, auto dealers, and marijuana.
Tax is collected by the Colorado Department of Revenue. The Colorado income tax rate is a flat 4.55 percent of federal taxable income regardless of income level. Colorado's state sales tax is 2.9 percent on retail sales. [19] Full-year Colorado residents can claim an excess sales tax refund on their individual state income tax return.
Filed a 2021 state income tax return or applied for a property tax / rent / heat credit (PTC) rebate that year. The first round of checks went to residents who filed their taxes before June 30, 2022.
This measure allowed the state to retain and spend money from existing revenue sources above the TABOR limit each year beginning in FY 2005–06 for five years through FY 2009–10. Beginning in FY 2010–11, the state was allowed to spend revenue above the TABOR limit up to a capped amount known as the "Referendum C cap. [3]
Colorado. Colorado recently reduced its state income tax to 4.25% from 4.4% starting with the 2024 tax year, which applies to all of your taxable retirement income, including Social Security ...
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