Colorado State Tax Information


Colorado Minimum Wages
Effective 01/01/16Effective 01/01/17Effective 01/01/18Effective 01/01/20
Minimum Wage:$8.31$9.30$10.20$12.00
Min. Cash Wage (Tipped Employee):$5.29$6.28$7.18$8.98
(Tipped Employee) Max. Tip Credit:$3.02$3.02$3.02$3.02
Youth Minimum Wage:$10.20

Colorado State Income Tax
Wage Withholding:Tables
Supplemental Wage/Bonus Rate:4.63%

Colorado Unemployment Insurance
Maximum 2020 Taxable Earnings:$13,600
(Increased from $13,100 in 2019)
Employee Deduction:None
Employer 2020 Tax Rates:0.58 - 7.40%
Standard 2020 New Employer Rate:1.70%
Voluntary Contribution Permitted:Yes

Colorado Disability Insurance
Employee Deduction:None

Colorado State Agencies web sites: