Rigorously tested for accuracy and speed, this Colorado salary payroll calculator makes getting everyone paid a much easier process. It’s also backed by a tax database that’s constantly updated with the latest tax data. With so many advanced tools together in one place, you can take guesswork out of the payroll process and eliminate unnecessary frustration along the way.
Below, you’ll find three of the most frequently-asked-questions about our free salary payroll calculator and Colorado state income taxes:
- Do Colorado residents have to pay a state income tax?
Yes. Colorado residents are required to pay a flat rate of 4.63% on their personal earnings. Use our Colorado salary payroll calculator to find out how much you have to pay.
- What’s the minimum wage rate in Colorado?
The minimum wage rate in Colorado is $12/hr.
- Are there any local income taxes in Colorado?
Yes. Aurora, Denver, and Greenwood village each impose an additional local income tax