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Individual Income Tax Data Snapshots 2020 Individual Income Tax Statistics 67% of Total State Tax Collections 89% of All Income Returns Filed 3.1 Million Returns Filed 1.7% Growth in Returns 4.55% Tax Rate $1.4 Billion Total Refunds Issued $643 Average Refund 46 Average Filer Age $43,000 Median Income A married person earned 20-40% more income than a single person, ages 30-73 Colorado Earned Income Tax Credit Most common 11% of Returns $203 Average Amount Pension and Annuity Subtraction Most common 17% of Returns $22K Average Amount Questions About the Reports

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