Wednesday, April 1, 2020

If I Live in Colorado But Earn Income in Texas, Do I Owe Colorado State Taxes?

Yes.

Colorado state taxes are owed on total federal income. You can deduct the amount you paid in other state taxes however but since TX doesn't have income tax, you would not be able to deduct anything from your Colorado taxes.

2020-04-01
SOURCE:
https://www.colorado.gov/pacific/sites/default/files/Income17.pdf

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