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Get your taxes done using TurboTax
Congrats on your retirement! So there's a lot of different factors that could affect this. Generally speaking, Colorado's income tax rate for 2022 is 4.4% Colorado Individual Income tax FAQs You could certainly contact the financial institution that administers your pension and ask them to withhold 4.4%. Most employers don't offer pensions any more. That being said, is it possible your pension is not taxable to Colorado? Many state employees do not pay state tax on state retirement. Hope this helps!
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May 24, 2023
9:30 AM