Colorado Paycheck Calculator: How Much You Take Home After Taxes
Colorado uses a flat state income tax rate — 4.40% for 2026 — applied the same way regardless of income level, which makes it relatively straightforward to estimate compared to progressive-bracket states. Colorado's calculation starts from your federal taxable income, so the federal standard deduction effectively flows through to the state calculation too. What comes out of a Colorado paycheck Federal income tax — based on income, filing status, and W-4 elections Colorado state income tax — a flat 4.40% rate (2026) applied to federal taxable income, with possible adjustment for a TABOR-related rate reduction if the state has a revenue surplus Social Security tax — 6.2% on wages up to $184,500 for 2026 Medicare tax — 1.45% on all wages, no cap Worked example: $68,000 salary in Colorado Single filer, biweekly pay, no pre-tax deductions: Federal standard deduction (2026): $16,100 Federal taxable income: $51,900 Federal tax owed: 10% on $12,400 ($1,240) plus 12% on $38,000 ($4,...