Certain residents may file a 2022 Property Tax/Rent/Heat (PTC) Rebate Application by April 18, 2023, in lieu of filing an income tax return. The Department of Revenue (DOR) administered the following 2021 TABOR refund mechanisms: Tax Rate Reduction — All taxpayers who filed a 2021 income ...

The Department of Revenue (DOR) ... 2024 full-year residents may claim this refund if they file a 2024 Colorado Individual Income Tax Return or a 2024 Property Tax/Rent/Heat (PTC) Rebate Application by October 15, 2025....

... To receive the Colorado TABOR rebate, an individual must be at least 18 years of age on or before December 31, 2023, be a Colorado resident for the entire 2023 income tax year, and file a Colorado state income tax return for the 2023 income ...

The act creates a new temporary refund mechanism (temporary TABOR refund), which is contingent on the voters approving proposition HH at the November 7, 2023, statewide election, that replaces the sales tax refund mechanism for the 2022-23 state fiscal year. Under this mechanism, each qualified individual is eligible to receive an identical refund payment from the remaining excess state revenues from all sources after refunds are made through the county reimbursement mechanisms (remaining excess state revenues).

Prior to tax year 2022, the Colorado income tax rate could be temporarily reduced to 4.50% if there was enough TABOR surplus. However, starting with tax year 2022, voters permanently reduced the income tax rate to 4.40%, as specified in Sections 39-22-104(1.7)(c) and 39-22-301(1)(d)(I)(K) of the Colorado Revised Statutes. This refund mechanism can be triggered in two circumstances:

Qualifying resident individuals may claim a refundable credit on their 2021, 2022, 2023, 2024, and 2025 Colorado income tax returns.

March 13, 2024 - When Colorado takes in tax revenue ... Bill of Rights, or TABOR. For the 2023 tax season, eligible taxpayers can expect $800 tax-free....

For more information about how ... residents may claim the state sales tax refund if they file a 2024 Colorado Individual Income Tax Return or a 2024 Property Tax/Rent/Heat (PTC) Rebate Application by October 15, 2025....

Eligible Coloradans who fall in the following adjusted gross income ranges will receive: About TABOR The Taxpayer's Bill of Rights (TABOR) Amendment was approved by voters in 1992. This amendment to the Constitution of the State of Colorado generally limits the amount of revenue governments in the state can retain and spend. Absent voter approval, it requires excess revenue to be refunded to taxpayers.

When the total revenue collected by the state or local government is greater than the TABOR limit, Colorado state law requires that revenue above the limit be returned to taxpayers the following year. Revenue collected above the TABOR limit must be returned to taxpayers even if it is needed to cover the increased costs of delivering services. All Jefferson County property taxpayers from 2022 will receive their proportionate share of the estimated $39.4 million refund.

March 13, 2024 - DENVER (KDVR) — If you have been a resident in Colorado for a full year, you are eligible for an $800 refund on this year’s state taxes, but you have to claim it. When Colorado takes in tax revenue beyond the limit, Coloradans who file taxes can expect a refund check in the mail known as TABOR. For the 2023 tax season, eligible taxpayers can expect $800 tax-free...

April 3, 2024 - Eligible Coloradans must file a 2023 Colorado state individual income tax return or PTC Rebate application to get their refund. ... The Taxpayer’s Bill of Rights amendment was approved by voters in 1992.

Any revenue collected above this limit must be refunded to taxpayers unless voters authorize the state to retain it. The Colorado Cash Back check Coloradans will receive this year, or early in 2023, is a refund of state revenues collected above the TABOR limit in state fiscal year 2021-22.

February 16, 2024 - If you are age 18 and over, you can receive an $800 Tabor Tax Refund. (The amount is $1,600 for two qualifying taxpayers filing jointly.) All residents who live in Colorado all of 2023 are eligible because we all buy clothes, personal items and much more.

January 26, 2024 - Taxpayers who meet the following stipulations but do not file by the April tax due date, and instead file an extension, will no longer be eligible for this refund. Individual was at least 18 years old by January 1, 2023

... To receive the Colorado TABOR refund, an individual must be at least 18 years of age on or before January 1, 2024, be a Colorado resident for the entire 2024 income tax year, and file a Colorado state income tax return for the 2024 income ...

Full-year Colorado residents who are 18 years of age or older all year are eligible to receive the state sales tax refund on their Colorado resident tax return, aka TABOR refund. Full-year resident...

Additionally, for property tax ... reimbursement as the first TABOR refund mechanism. The temporary income tax rate reduction is active for income tax years 2024 through 2034. To refund excess state revenues from fiscal year 2023-24, the income tax rate for income tax ...

April 19, 2025 - You must have lived in Colorado for the entire 2023 tax year and timely filed a state tax return in order to be eligible for the full $1700 TABOR Tax Refund.

October 24, 2023 - File a 2023 DR 0104 by April 15, 2024, if you: -Were at least 18 years old when the tax year began, -Do not have a Colorado income tax liability, -Are not claiming a refund of wage withholding, and -Are not otherwise required to file a Colorado ...