Understanding how much you’ll actually receive in your paycheck is essential for budgeting, planning expenses, and making career decisions. Our Colorado Paycheck Calculator gives you a fast, accurate estimate of your take-home pay based on the latest Colorado tax rules, federal tax brackets, FICA rates, deductions, and pay frequency.
Simply enter your salary or hourly rate, select your filing status, and adjust any deductions or allowances. In seconds, you’ll see your net pay, tax breakdown, and full paycheck summary.
Enter Your Details – Calculate Your Colorado Paycheck Instantly
Use the calculator below to estimate your paycheck:
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Salary or hourly wage
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Pay frequency (weekly, biweekly, monthly, annually)
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Filing status
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Exemptions & allowances
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Pre-tax deductions (401k, HSA, insurance)
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Post-tax deductions
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Overtime hours
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Bonuses or commission
The tool instantly generates your Colorado take-home pay with a clean breakdown of all taxes and deductions.
Your Colorado Paycheck Breakdown
Once you enter your details, the calculator displays a simple, clear breakdown of your paycheck.
Net Pay (Take-Home Pay)
This is the amount you bring home after all required taxes and deductions. Net pay reflects:
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Federal income taxes
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Colorado state tax
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FICA (Social Security + Medicare)
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Voluntary deductions
Gross Pay
Gross pay is your income before taxes and any deductions.
For hourly workers, this includes regular hours + overtime.
Federal Income Tax Withheld
The federal tax withheld depends on:
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Your filing status
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Your income level
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IRS withholding tables
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Pre-tax contributions
Colorado State Income Tax
Colorado uses a flat income tax rate, meaning everyone pays the same percentage regardless of income.
The calculator automatically applies the most current rate.
FICA: Social Security & Medicare
These taxes apply to almost every paycheck:
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Social Security tax
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Medicare tax
The calculator applies both rates automatically.
Pre-Tax & Post-Tax Deductions
You can include any common deductions such as:
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401(k) or 403(b) retirement contributions
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HSA or FSA contributions
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Health, dental, and vision insurance
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Union dues
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Wage garnishments
Employer Payroll Taxes
Employers also pay extra taxes (not deducted from your pay):
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FUTA (federal unemployment)
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Colorado unemployment insurance
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Employer-side FICA
These appear in the employer tax summary.
How Colorado Calculates Your Paycheck
Colorado uses a simple system that makes paycheck estimation fairly straightforward.
Colorado State Income Tax Rate
Colorado has a flat income tax, meaning everyone pays the same rate on taxable income.
This applies to wages, salaries, bonuses, and most forms of earned income.
Federal Income Tax
The IRS determines your federal withholding using:
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Annual taxable income
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Filing status
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W-4 information
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Allowances and dependents
The calculator uses IRS rules to estimate your accurate federal withholding.
Social Security & Medicare (FICA)
FICA contributions are standard nationwide:
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Social Security tax
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Medicare tax
Higher-income earners may pay Additional Medicare Tax.
Colorado Minimum Wage & Overtime Rules
If you’re paid hourly, your paycheck may include:
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Colorado minimum wage (varies by year)
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Overtime at 1.5Ă— regular pay rate for eligible workers
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Holiday or shift differential pay (if applicable)
Our calculator supports both hourly and salary inputs, along with customizable overtime hours.
Colorado Paycheck Examples
Below are real-world examples to help you compare your own results.
(These are simplified estimates; actual taxes depend on your full filing details.)
$40,000 Salary in Colorado
A worker earning $40,000/year can expect:
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Biweekly gross: approx. $1,538
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Estimated net pay: around $1,180–$1,240
$60,000 Salary in Colorado
A worker earning $60,000/year may take home:
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Biweekly gross: approx. $2,307
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Estimated net: around $1,700–$1,800
$100,000 Salary in Colorado
A professional earning $100,000/year typically receives:
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Biweekly gross: approx. $3,846
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Estimated net pay: $2,650–$2,800
Hourly Pay: $20/hour in Colorado
A standard full-time worker earning $20/hour:
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Weekly gross (40 hours): $800
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Estimated weekly net pay: $630–$660
These examples demonstrate how your income level and filing status affect your take-home pay.
Colorado Paycheck FAQ
How much tax is taken out of a paycheck in Colorado?
Colorado withholds:
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Colorado’s flat state income tax
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Federal income tax
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Social Security and Medicare
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Any deductions you select
What is the Colorado state income tax rate?
Colorado uses a flat income tax rate (same for all taxpayers).
How do I calculate take-home pay in Colorado?
Enter your income and deductions in the calculator to see your net pay instantly.
Does Colorado have a progressive tax system?
No — Colorado uses a single flat rate, unlike progressive systems with multiple brackets.
How much is $20/hour after taxes in Colorado?
Typical take-home is around $630–$660 per week, depending on your withholding settings.
Are bonuses taxed in Colorado?
Yes — bonuses are subject to federal tax, Colorado state tax, and FICA.
How is overtime calculated in Colorado?
Overtime is paid at 1.5Ă— your regular hourly rate for eligible workers.
Why Use Our Colorado Paycheck Calculator?
Here’s why tens of thousands of workers trust our tool:
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Realtime tax updates for Colorado and federal laws
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Supports salary, hourly, overtime, and bonus income
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Fast, accurate take-home pay estimates
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Works on mobile, tablet, and desktop
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Free and unlimited calculations
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Clear breakdown of every deduction
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Perfect for employees, freelancers, and employers
Whether you’re starting a new job, comparing offers, or budgeting smarter, our calculator gives you reliable answers.
Colorado Paycheck Calculator – Final Summary
Our Colorado Paycheck Calculator provides a quick and accurate way to estimate how much money you’ll actually take home after taxes and deductions. With updated tax rules, simple inputs, and instant results, it’s the easiest way to understand your paycheck before payday arrives.
Ready to see your take-home pay?
👉 Use the Colorado Paycheck Calculator now and get your paycheck estimate in seconds.
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