Colorado residents are in for a big surprise this spring. Thanks to the Taxpayer’s Bill of Rights (TABOR), many Coloradans will receive $800 if filing as individuals or $1,600 for joint filers. These refunds come from the state’s extra tax revenue. If you lived in Colorado all through 2024 and file your return, you could get this refund in mid‑2025. Here’s all you need to know in a clear, simple way.
What Is the TABOR Refund?
TABOR is a rule that limits how much money the state can collect. If Colorado raises more tax than the limit, it must give the extra back to residents. This refund comes through your state tax return, not a separate check. It’s a reward for living in a state that budgets carefully .
Who Qualifies for the 2025 TABOR Refund?
To get your refund, you must:
- Be 18 or older as of January 1, 2025.
- Have lived in Colorado for all of 2024.
- Filed your 2024 Colorado state tax return by April 15, 2025, or by October 15, 2025 if you filed an extension .
- OR filed a Property Tax, Rent, Heat (PTC) Rebate application if you didn’t earn enough to file a normal tax return .
How Much Will You Get in 2025?
In 2025, refund amounts go up:
Flat refund (if equal $800/$1,600 applies):
- $800 — individuals
- $1,600 — joint filers
Or tiered payment based on income:
| Filing Status | Refund Range |
|---|---|
| Single | $177 – $565 |
| Joint | $354 – $1,130 |
Higher-income households can get more, up to the top tier .
When Will You Receive It?
You can expect your refund in mid‑2025, depending on when you file:
- Early filers (by April 15): Payment in mid to late April or May.
- Late filers (up to October 15): Within about 60 days after your return is accepted.
Filing early and choosing direct deposit gives you the fastest payout .
How to Claim Your TABOR Refund
File your 2024 tax return (form DR 0104) or the PTC Rebate application.
- Opt in by checking the TABOR refund box—look for “Sales Tax Refund” on your return .
- Choose direct deposit for faster processing.
- Submit before the deadline: April 15, 2025, or October 15, 2025 if using an extension.
Why the Refund Rules Changed
For many years, Colorado gave everyone the same refund. But in 2024, lawmakers changed the law. Now, refunds are based on income, and some money also went toward income tax cuts and new credits. That’s why values vary more and may shrink over time .
The TABOR refund is a great way for Coloradans to get back money the state collected but didn’t need. By filing your 2024 return and opting in, you could receive $800 or $1,600, possibly more depending on income level. Filing early and choosing direct deposit is your best bet. These refunds recognize responsible budgeting—and they’re a direct reward to you. Don’t miss out: submit your return by April 15, check that refund box, and watch for your good news in mid‑2025.
FAQs
Q1: Do I need to file even if I earned little or no income?
Yes, file a PTC Rebate application to claim the refund.
Q2: Can self-employed or low‑income residents get it?
Absolutely—any full‑year resident aged 18+ qualifies with a filed return or PTC Rebates .
Q3: Is my TABOR refund taxable?
It’s usually tax-free, but check with a tax advisor for your personal situation .
Q4: I missed April 15. Can I still claim?
Yes—file by October 15, 2025 and you’ll still get your refund .
Q5: Do I have to check a box on my return?
Yes—the “Sales Tax Refund” box. Some software checks it automatically; double-check your form to be safe.
