Colorado residents may receive up to $1,142 in TABOR refunds in 2025 as part of the Taxpayer’s Bill of Rights (TABOR) program. This refund is issued when state revenue collections exceed the allowable limit, requiring the government to return surplus funds to taxpayers.
If you are a Colorado taxpayer, this guide will help you understand who qualifies, how much you can expect, and when payments will be issued.
Key Details: $1,142 Colorado TABOR Refund 2025
Feature | Details |
---|---|
Maximum Refund | Up to $1,142 for joint filers (amount varies by income level) |
Eligibility | Must be 18+ years old, a Colorado resident for 2024, and have filed a 2024 state tax return |
Filing Deadline | April 15, 2025 (for standard filers) |
Payment Method | Direct deposit for e-filers, paper check for others |
Expected Payment Date | Spring – Summer 2025, processed in batches |
How to Check Status | Use the Colorado Department of Revenue portal |
To ensure you receive your refund, file your 2024 tax return on time, select direct deposit for faster processing, and stay updated on your payment status.
For official updates, visit the Colorado Department of Revenue website at tax.colorado.gov.
What is the Colorado TABOR Refund?
The Taxpayer’s Bill of Rights (TABOR) is a constitutional amendment passed in 1992, limiting how much revenue the state government can collect. If state revenue exceeds the cap, the excess must be returned to taxpayers, unless voters approve an alternative use.
For 2025, Colorado has reported a large surplus, allowing the state to provide significant refunds to eligible residents.
This ensures that taxpayers benefit from state revenue surpluses rather than having them absorbed into government spending.
Who is Eligible for the Colorado TABOR Refund?
To qualify for the 2025 TABOR refund, you must meet the following criteria:
- Age Requirement – Must be 18 years or older as of January 1, 2024
- Residency – Must have been a full-time Colorado resident for the entire 2024 tax year
- Tax Filing – Must file a 2024 Colorado state income tax return (or apply for the Property Tax/Rent/Heat (PTC) Rebate if you are a low-income filer)
If you meet these requirements, you will automatically receive the TABOR refund after filing your 2024 tax return.
How Much Will You Receive from the Colorado TABOR Refund?
TABOR refund amounts are based on Adjusted Gross Income (AGI) and filing status. Here’s a breakdown of expected refunds:
Adjusted Gross Income (AGI) | Single Filer Refund | Married Filing Jointly Refund |
---|---|---|
Up to $53,000 | $177 | $354 |
$53,001 to $105,000 | $240 | $480 |
$105,001 to $166,000 | $277 | $554 |
$166,001 to $233,000 | $323 | $646 |
$233,001 to $302,000 | $350 | $700 |
$302,001 and above | $565 | $1,130 |
Refund amounts vary based on income, with higher refunds issued to those with higher AGI levels.
How to Claim Your TABOR Refund
1. File Your 2024 State Income Tax Return
- Your Colorado state tax return (Form 104) must be filed by April 15, 2025.
- If you request an extension, you must file by October 15, 2025, though refunds may be delayed.
2. Choose Your Refund Payment Method
- Direct deposit – Available for those who file electronically and provide banking information.
- Paper check – Sent via mail if you file a paper return or do not provide direct deposit details.
3. Check for Errors Before Submission
- Incorrect information (such as mismatched names or incorrect Social Security numbers) can delay your refund.
- Double-check all details before submitting your return.
Expected Payment Dates
TABOR refunds are issued in phases based on when you file. Here’s the expected timeline:
Filing Period | Expected Refund Date |
---|---|
Early Filers (January – March 2025) | Spring 2025 |
Standard Filers (April – June 2025) | Summer 2025 |
Late Filers (July – October 2025) | Late 2025 |
To receive your refund sooner, file early and choose direct deposit.
How to Check Your Refund Status
To track your TABOR refund, follow these steps:
- Visit the Colorado Department of Revenue website – tax.colorado.gov
- Select the “Where’s My Refund?” tool
- Enter your details, including:
- Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
- Exact refund amount expected
- Check your status for updates on processing and payment
If you experience delays, contact the Colorado Department of Revenue for assistance.
The Colorado TABOR Refund 2025 offers a significant financial boost to taxpayers, with refunds of up to $1,142 per household.
To ensure you receive your payment, follow these key steps:
- File your 2024 tax return on time (by April 15, 2025)
- Choose direct deposit for faster payment
- Track your refund status through the Colorado Department of Revenue website
For official updates, visit tax.colorado.gov.
FAQ:
How do I qualify for the Colorado TABOR refund?
You must be 18 or older, a full-time Colorado resident for 2024, and file a 2024 state tax return.
When will I receive my TABOR refund?
Refunds will be issued between Spring and Summer 2025, depending on when you file your return.