Colorado taxpayers are in for a financial windfall in 2025, as the state prepares to issue TABOR refunds of up to $1,700 per household. The Taxpayer’s Bill of Rights (TABOR), enshrined in the Colorado Constitution, requires the state government to return excess tax revenue to residents whenever collections surpass a set cap. This year, a robust economy and higher-than-expected tax revenue have triggered one of the most generous refund cycles in recent memory.
Understanding how TABOR works and what you need to do to receive your refund is essential for all Colorado residents. Whether you’re a young adult filing taxes for the first time, a retiree on a fixed income, or a professional looking to make the most of your return, this in-depth guide will walk you through eligibility criteria, income-based refund amounts, important filing dates, and a step-by-step guide to claiming every dollar you’re owed.
$1,700 TABOR Refunds Explained
| Topic | Details |
|---|---|
| Refund Amount | Up to $1,700 depending on income and filing status |
| Eligibility | Colorado full-year residents in 2024, aged 18+, with a valid SSN/ITIN |
| Deadline to File Taxes | April 15, 2025 (standard) or October 15, 2025 (with extension) |
| How to Claim | File Colorado state tax return (Form DR 0104) or apply for the PTC Rebate |
| Refund Method | Direct deposit or mailed check |
| Official Website | Colorado Department of Revenue |
The 2025 TABOR refunds represent a major opportunity for Colorado residents to receive hundreds or even thousands of dollars simply by filing a state tax return or rebate application. This isn’t just a bonus—it’s your money being returned because the government collected more than it was legally allowed to spend.
Make sure you understand the eligibility criteria, file before the deadline, and choose the best payment method to receive your refund as quickly as possible. For personalized guidance, consult a tax professional or visit the Colorado Department of Revenue.
What Is the TABOR Refund?
The Taxpayer’s Bill of Rights (TABOR) was approved by Colorado voters in 1992. It limits the amount of money the state government can retain and spend, based on a formula that adjusts for population growth and inflation. When state revenues exceed that formulaic cap, the surplus must be refunded to taxpayers.
This process is why TABOR refunds are not discretionary; they are legally mandated. For 2025, an economic boom, rising property values, and strong consumer spending all contributed to a significant budget surplus. As a result, the state is distributing billions of dollars in refunds, with individuals potentially receiving up to $1,700, depending on income and filing status.
Who Qualifies for the 2025 TABOR Refund?
To claim your share of this refund, you must meet certain criteria. Eligibility is straightforward, but it’s important to pay close attention to the requirements:
Residency Requirements
- You must be a full-year Colorado resident for the 2024 tax year.
- Documentation proving residency (e.g., driver’s license, lease agreements, utility bills) may be required in case of audit.
Age and Identification
- You must be 18 years of age or older by January 1, 2025.
- You need a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
Tax Filing
- File a 2024 Colorado Individual Income Tax Return using Form DR 0104.
- If you don’t earn taxable income but still meet the residency and age criteria, apply for the Property Tax, Rent, Heat (PTC) Rebate.
Tip: Part-year residents may qualify for a prorated refund, but the full benefit is reserved for full-year residents.
How Much Can You Expect to Receive?
Unlike some years where refunds were flat-rate, the 2025 TABOR refunds are based on income brackets and filing status. This tiered approach ensures a fairer distribution of funds.
For Single Filers:
- Up to $53,000: $177
- $53,001 to $105,000: $240
- $105,001 to $166,000: $277
- $166,001 to $233,000: $323
- $233,001 to $302,000: $350
- Over $302,001: $565
For Joint Filers:
- Up to $53,000: $354
- $53,001 to $105,000: $480
- $105,001 to $166,000: $554
- $166,001 to $233,000: $646
- $233,001 to $302,000: $700
- Over $302,001: $1,130
Some early reports suggested a universal refund of $800 for individuals and $1,600 for couples, but the graduated refund system has been confirmed as the official method by state sources including the Colorado Sun and Kiplinger.
Critical Deadlines and Timeline
Filing Your Tax Return
- April 15, 2025: Deadline for standard tax returns. Filing by this date ensures you receive your refund in the first wave.
- October 15, 2025: Extended filing deadline. Refunds for extended filers will be issued within 60 days of tax return processing.
Refund Distribution
- Refunds will be issued beginning summer 2025.
- If you provide direct deposit information, expect a faster refund than those receiving paper checks.
- You can track refund progress via the Revenue Online portal.
How to File and Receive Your TABOR Refund: A Practical Guide
Step 1: Prepare Documentation
- Gather income statements (W-2s, 1099s), proof of residency, and identification.
- Download Form DR 0104 or use trusted tax preparation software.
Step 2: File Your Tax Return
- Accurately fill out your Colorado tax return.
- Make sure to include all income, deductions, and tax credits.
Step 3: Confirm Refund Eligibility
- Tax software typically flags your TABOR eligibility. If filing manually, refer to refund sections on the DR 0104.
Step 4: Choose Payment Method
- For fastest delivery, enter your bank routing and account numbers.
- If you prefer a mailed check, ensure your current address is updated with the Colorado Department of Revenue.
Step 5: Track and Receive Your Refund
- Log into the Colorado Revenue Online portal.
- Refunds typically arrive within a few weeks of return processing.
Common Pitfalls and How to Avoid Them
- Missing the filing deadline: Results in refund delays or forfeiture.
- Inaccurate banking details: Your refund will be mailed, slowing the process.
- Assuming ineligibility: Even non-tax filers may qualify through the PTC rebate.
- Failing to update your address: Can result in lost or delayed checks.
Frequently Asked Questions (FAQs) about $1,700 TABOR Refunds Explained
Can I get the TABOR refund if I didn’t earn income in 2024?
Yes. If you meet the age and residency requirements, apply for the Property Tax, Rent, Heat (PTC) Rebate instead of filing a regular income tax return.
Is the refund taxable income?
No. The TABOR refund is not taxable at either the federal or state level.
What if I move out of Colorado before I receive my refund?
Your refund is based on 2024 residency. If you were a full-year resident that year, you’re still eligible even if you move out in 2025.
Can I still qualify if I file after April 15?
Yes. You can file until October 15, 2025, but your refund will be delayed until your return is processed.
Is the refund automatic?
No. You must file your taxes or PTC application to trigger the refund.