Estimate your net pay using Colorado's flat tax and FAMLI premium.
| Gross Pay | $0.00 |
| Federal Income Tax | $0.00 |
| Colorado State Tax (4.40%) | $0.00 |
| Colorado FAMLI Premium | $0.00 |
| Social Security (6.2%) | $0.00 |
| Medicare (1.45%) | $0.00 |
| Net Pay (Take-Home) | $0.00 |
Your paycheck in Colorado is subject to federal taxes, FICA, a state flat tax, and a mandatory premium for the state's Paid Family and Medical Leave Insurance (FAMLI) program.
Colorado has a flat income tax rate of **4.40%**. Unlike many states, Colorado calculates this tax based on your *federal taxable income* (your gross pay minus the federal standard deduction), not a separate state-specific calculation.
The FAMLI program provides paid leave for Colorado workers. It is funded by premiums paid by both employers and employees. For 2024, the employee's share is **0.45%** of their wages. Our calculator includes this deduction by default to provide a more accurate estimate of your take-home pay.
Colorado has a flat state income tax rate of 4.40%. This rate is applied to your federal taxable income.
The Colorado Paid Family and Medical Leave Insurance (FAMLI) program is a state-run insurance plan. For 2024, the employee's contribution is 0.45% of your wages. Our calculator includes this mandatory deduction for an accurate estimate.
Denver does not have a local income tax, but it does have an Occupational Privilege Tax (OPT) of $5.75 per month for any employee earning over $500 in that month. This calculator does not include the OPT.
Use our free salary calculators to estimate your take-home pay in other states across the country.