Tax Tools
Current federal and Colorado state tax rates to help you understand your tax obligations and plan ahead.
2026 Federal Income Tax Brackets (Single)
- •10%: up to $12,400
- •12%: $12,401 – $50,400
- •22%: $50,401 – $105,700
- •24%: $105,701 – $201,775
- •32%: $201,776 – $256,225
- •35%: $256,226 – $640,600
- •37%: over $640,600
2026 Federal Income Tax Brackets (Married Filing Jointly)
- •10%: up to $24,800
- •12%: $24,801 – $100,800
- •22%: $100,801 – $211,400
- •24%: $211,401 – $403,550
- •32%: $403,551 – $512,450
- •35%: $512,451 – $768,700
- •37%: over $768,700
Standard Deductions (2026)
- •Single or Married Filing Separately: $16,100
- •Married Filing Jointly: $32,200
- •Head of Household: $24,150
- •Additional amounts apply for taxpayers who are 65 or older or blind.
Colorado State Income Tax
Colorado uses a flat income tax rate of 4.40% for tax year 2026, applicable to individuals, estates, and trusts. Colorado generally conforms to federal taxable income as the starting point.
Capital Gains Tax Rates
Long-term capital gains (assets held over one year) are taxed at 0%, 15%, or 20% depending on your taxable income. Short-term gains are taxed as ordinary income at your marginal rate.
Self-Employment Tax
Self-employed individuals pay 15.3% on net earnings up to $184,500 (2026), covering both the employee and employer portions of Social Security and Medicare. You may deduct half of this tax on your return.
Not Sure Which Bracket You're In?
Tax brackets can be confusing. Let us review your situation and help you plan for what you'll owe — and how to reduce it.