Colorado residents are set to receive financial relief through the 2025 TABOR (Taxpayer’s Bill of Rights) refund. This state-mandated tax refund ensures that excess state revenue is returned to eligible taxpayers, helping them manage living expenses and boosting the local economy.
Eligible taxpayers can expect a direct deposit or mailed check, making it crucial to understand the eligibility requirements, refund amounts, deadlines, and steps to claim the refund.
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What Is the TABOR Refund?
The Taxpayer’s Bill of Rights (TABOR) is a constitutional amendment in Colorado requiring the state to return surplus revenue to taxpayers. The refund amount depends on excess revenue collected by the state in a given year.
For 2025, the Colorado government has approved the following refund amounts:
- $800 for single filers
- $1,600 for joint filers
These refunds provide financial assistance to eligible taxpayers while circulating excess funds back into the economy.
Colorado $1,600 TABOR Refund: Key Details
Category | Details |
---|---|
Authority | Colorado Department of Revenue |
Program Name | TABOR Refund 2025 |
Country | USA |
Refund Amount | $800 (single) & $1,600 (joint) |
Deadline (Non-Claiming Citizens) | April 15, 2025 |
Deadline (Claiming Citizens) | October 15, 2025 |
Required Form | DR0104 (Colorado State Income Tax Return) |
Category | Government Aid |
Official Website | Colorado Department of Revenue |
Eligibility for the TABOR Refund 2025
To qualify for the TABOR Refund, applicants must meet the following criteria:
Residency – Must be a Colorado resident and a U.S. citizen or permanent resident.
Age Requirement – Must be at least 18 years old as of January 1, 2025.
Tax Return Filing – Must have filed a Colorado state income tax return for 2023 or 2024 OR applied for the Property Tax, Rent, and Heat (PTC) Rebate.
Valid Identification – Must have a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
How to Claim Your $1,600 TABOR Refund
Eligible taxpayers can follow these steps to ensure they receive their refund on time:
File Your 2023 Colorado State Income Tax Return – Use Form DR0104 to complete your tax filing.
Mark the TABOR Refund Box – Ensure you check the refund option on your tax return form.
Meet the Filing Deadlines – Submit your tax return before the following dates:
- April 15, 2025 (for those not claiming a refund wage of withholding).
- October 15, 2025 (for those with a tax liability or claiming a refund).
Ensure Accuracy – Verify all personal and financial details before submission to avoid delays.
TABOR Refund Payment Method
The refund will be issued either by direct deposit or mailed check:
- Direct Deposit – Sent to the bank account provided on your tax return.
- Paper Check – Mailed to the address listed on your tax return.
To prevent any payment delays, ensure your banking details and address are up to date with the Colorado Department of Revenue.
Important Dates and Updates
To stay informed about any changes or updates to the TABOR Refund program, residents should visit the official government website: Colorado Department of Revenue.
Key Deadlines:
- April 15, 2025 – Deadline for non-claiming individuals.
- October 15, 2025 – Deadline for claiming individuals.
Make sure to submit your tax return before the deadline to receive your refund without issues.
Final Thoughts
The 2025 TABOR Refund is a much-needed financial relief for Colorado taxpayers, ensuring that excess state revenue is returned to residents. By meeting the eligibility criteria and filing tax returns on time, taxpayers can secure their refunds smoothly.
For the latest updates and further details, visit the Colorado Department of Revenue website.
FAQs:
When will I receive my TABOR refund?
Refunds will be processed after tax filings are reviewed. The exact deposit or check mailing date depends on when you file your tax return.
Do I need to apply separately for the refund?
No, the refund is automatically processed when you file your 2023 or 2024 Colorado state tax return or apply for the PTC rebate.
What if I moved out of Colorado in 2024?
If you were a full-year resident in 2023 and filed a tax return, you may still qualify for the refund.