Colorado’s 2025 TABOR Refund: Colorado taxpayers are in for a financial boost in 2025 as the state begins issuing TABOR refunds. Eligible residents could receive up to $1,130, depending on their filing status and income tier. This refund, backed by the Taxpayer’s Bill of Rights (TABOR), returns surplus tax revenue collected by the state directly to the people. Whether you’re a working professional, retiree, or student, here’s what you need to know about eligibility, payment timelines, and how to claim your share.
What Is the TABOR Refund?
TABOR, passed in 1992, is a constitutional amendment unique to Colorado. It limits the amount of revenue the state can collect and spend each year. Any amount collected above this cap must be returned to taxpayers. When the state sees strong economic performance and surplus revenue, it’s refund time — and 2025 is one such year.
How Much Will You Receive?
For 2025, refund amounts are income-based instead of flat-rate. Here’s the breakdown:
Single Filers:
- Up to $53,000 income: $177
- $53,001–$105,000: $240
- $105,001–$166,000: $277
- $166,001–$233,000: $323
- $233,001–$302,000: $350
- Over $302,001: $565
Joint Filers:
- Up to $53,000 combined income: $354
- $53,001–$105,000: $480
- $105,001–$166,000: $554
- $166,001–$233,000: $646
- $233,001–$302,000: $700
- Over $302,001: $1,130
These amounts reflect projections based on 2024 fiscal data and could slightly adjust by late 2025.
TABOR refund eligibility?
To claim your refund, you must:
- Be a full-year resident of Colorado in 2024
- Be at least 18 years old by January 1, 2025
- File a 2024 Colorado state income tax return or apply for the Property Tax, Rent, Heat (PTC) Rebate
Low-income residents, seniors, and those without income can apply via the PTC program to still qualify.
Key Deadlines & Payment Dates
- Tax filing deadline: October 15, 2025
- Early filers (by April 15): Refunds expected mid to late April
- Later filers: Refunds processed within 60 days of return approval
Choose direct deposit to get your refund faster. Paper checks are still an option but may take longer to arrive.
How to Claim Your TABOR Refund
- File your 2024 Colorado income tax return – Even if you owe nothing.
- Opt for direct deposit – It’s quicker than waiting for a check.
- Track your refund online at the Colorado Revenue Online portal.
Looking Ahead: 2026 Refunds Will Shrink
TABOR refunds for 2025 are among the highest in recent years. But beginning in 2026, state legislation will divert more surplus funds toward public services, shrinking refund amounts:
- Single filers: Estimated at $41
- Joint filers: Estimated at $82
- Read Also:
- COLA 2025 Key Dates, Eligibility & Payment Info
- $1400 IRS Stimulus 2025: Who’s Getting It and How to Claim Yours Before April Deadline
- Major Social Security Update 2025: Disability Benefits Rule Changed, New Criteria Explained
FAQs About Colorado’s 2025 TABOR Refunds
Q1. Do I need to apply separately for the refund?
A: No. Filing your tax return or PTC application is enough.
Q2. Are refunds taxable?
A: Not federally in most years, but consult a tax advisor for 2025-specific guidance.
Q3. Can part-year residents claim the refund?
A: No. You must be a full-year resident of Colorado in 2024.
Q4. I had no income in 2024—am I still eligible?
A: Yes, through the PTC Rebate program if other conditions are met.
Q5. How can I avoid missing my refund?
A: File early, choose direct deposit, and keep personal info (address, bank details) updated.
