Centennial State News

In 2022, Colorado collected $1,508,480,000 in corporations net income taxes, ranking it 18th in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

Rank	State	Amount
1	California	$46,005,502,000
2	Illinois	$9,629,688,000
3	New Jersey	$8,660,149,000
4	New York	$7,780,845,000
5	Pennsylvania	$5,007,127,000
6	Minnesota	$4,729,850,000
7	Massachusetts	$4,601,008,000
8	Florida	$3,780,770,000
9	Connecticut	$3,487,484,000
10	Tennessee	$2,999,297,000
11	Wisconsin	$2,927,101,000
12	Georgia	$2,509,683,000
13	Maryland	$2,141,942,000
14	Virginia	$1,978,697,000
15	Michigan	$1,794,301,000
16	North Carolina	$1,631,119,000
17	Indiana	$1,539,543,000
18	Colorado	$1,508,480,000
19	Oregon	$1,488,974,000
20	Alabama	$1,463,618,000
21	New Hampshire	$1,213,000,000
22	South Carolina	$1,204,176,000
23	Kentucky	$1,168,370,000
24	Arizona	$1,163,469,000
25	Idaho	$1,040,953,000
26	Louisiana	$1,039,929,000
27	Utah	$935,481,000
28	Kansas	$868,262,000
29	Iowa	$860,164,000
30	Arkansas	$826,703,000
31	Oklahoma	$811,693,000
32	Missouri	$751,969,000
33	Nebraska	$715,153,000
34	Mississippi	$710,719,000
35	Delaware	$498,885,000
36	Maine	$415,818,000
37	Alaska	$413,175,000
38	West Virginia	$366,316,000
39	Hawaii	$314,873,000
40	New Mexico	$310,081,000
41	Montana	$291,198,000
42	Rhode Island	$290,800,000
43	Vermont	$240,402,000
44	North Dakota	$229,201,000
45	South Dakota	$61,818,000
46	Ohio	$721,000

Source: U.S. Census Bureau