Estimate tax on estimated payment in Colorado.
Estimated tax payments cover income with no withholding. Tax is estimated in Colorado by applying the rate you enter.
Tax
Tax = estimated payment × rate
Estimate only.
For supplemental income such as bonuses many employers use a flat 22% federal rate; other situations vary.
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.