Amendment 73 Impact Calculator

Amendment 73 (A73) will stabilize and increase funding for preschool through twelfth grade public education, depositing the new revenue in the Quality Public Education Fund. This tax calculator allows you to enter information as a tax filer in order to see how Amendment 73 would impact you and your local school district based on current assessment and tax rates in place today.

In order to calculate the impact on your taxes and your local school district, we need your address. None of the information provided will be stored, shared or used in any way beyond making your personal calculation on the tax calculator.

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Are you a business owner, farmer or rancher?
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How much of the personal income reported above is earned as profit from pass-through business (LLC, S-Corps, Sole Proprietorships, Partnerships)?
Do you own a business property, farm, or ranch?
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This tax calculator is for general information only and does not represent personal tax advice either expressed or implied. The calculations used assume an average taxpayer. It is an approximation. This calculator relies on DOR data to convert income to "taxable income." See Table 12 page 91 of the Colorado Tax Profile Expenditure Survey. CFI modified this data to include federal tax code changes that occured in December 2017 (specifically the eliminate of the personal exemption and the doubling of the standard deduction). This had the effect of expanding taxable income. For instance, before the federal tax changes, a Colorado taxpayer would need about $200,000 in income to reach $150,000 in taxable income. Now a taxpayer needs about $180,000 in income to reach $150,000 in taxable income.
*Remember: Some taxpayers can deduct state income taxes paid from their federal tax liability.