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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.
The rest of the century balanced new taxes with abolitions: Delaware levied a tax on several classes of income in 1869, then abolished it in 1871; Tennessee instituted a tax on dividends and bond interest in 1883, but Kinsman reports [59] that by 1903 it had produced zero actual revenue; Alabama abolished its income tax in 1884; South Carolina ...
Taxpayers who received stimulus checks in the following states do not need to report these state payments on their 2022 tax return: California, Colorado, Connecticut, Delaware, Florida, Hawaii ...
Colorado proved to be on the cutting edge of cryptocurrency when governor Jared Polis tweeted that his state would be the first to accept cryptocurrency for payment of state tax and fees. He wrote,...
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 ...