Our hourly paycheck calculator software is engineer tested for accuracy each time you use it. It also uses a constantly updated tax engine/database to ensure proper tax withholding and make the calculator even easier to use. All in all, you can count on our paycheck calculators to eliminate the stress and lost time that used to accompany your payroll process.
Here are three of the most frequently-asked-questions about our hourly paycheck calculator and Colorado income taxes:
- Does Colorado have a state income tax?
Yes, workers in Colorado pay income tax on all their state earnings.
- How much do workers in Colorado pay in state income tax?
Colorado residents pay a flat rate of 4.63%.
- What is Colorado’s minimum wage requirement?
Colorado employers must pay employees at least $12/hr.