Are you faced with cutting expenses? Help is coming. Many residents of Colorado will be directly compensated in the amount of $800 for individuals and $1,600 for joint filers as a part of the TABOR refund for 2025. If one lived in Colorado for the year 2025 and files their state taxes on time, he or she could be one of them.
Let’s break down what this means for you, how you get that money, and how you can avoid missing out on this critical piece of financial assistance.
What Is the TABOR Refund?
TABOR is the Taxpayer’s Bill of Rights enacted by the voters of Colorado in the year 1992, which limits the maximum retention of state revenues. If, in any given year, tax collections are made in excess of the limits established under the TABOR, then that excess revenue shall be refunded to taxpayers-you.
In 2025, because of an amazing economy and historically high revenues in taxes, historic refunds will come from the state. It is not merely a refund; it is also a slice of how Colorado’s success has translated to your benefit.
Who Qualifies for the TABOR Refund?
To receive this refund, you must meet the following criteria:
| Requirement | Details |
|---|---|
| Residency | Lived in Colorado for at least 183 days in 2024 |
| Age | Must be 18 or older by January 1, 2025 |
| Tax Filing | Filed your 2024 Colorado tax return (Form DR 0104) by April 15, 2025 |
| Legal Status | Not incarcerated for more than 180 days in 2024 |
How Much Will You Receive?
- $800 – For single filers
- $1,600 – For couples filing jointly
These are flat refund amounts, but they could be adjusted based on future legislation or budget changes.
Step-by-Step: How to Claim Your Refund
Here’s how to make sure your money doesn’t slip through the cracks:
1. File Your 2024 State Taxes
Submit your Colorado state tax return by April 15, 2025. This is the most important step.
2. Choose Direct Deposit
It’s fast, secure, and could get your money weeks earlier than a mailed check.
3. Verify Your Details
Make sure your name, address, and banking info are correct. Mistakes could delay or even prevent your payment.
4. Track Your Refund
Use the official Revenue Online portal to stay updated on your refund status.
When Will the Checks Arrive?
Refunds are expected to start going out in late summer to early fall 2025. Here’s what to expect:
| Payment Method | Timeline |
|---|---|
| Direct Deposit | 2–4 weeks after return is processed |
| Paper Check | 4–6+ weeks depending on postal delivery |
Real-Life Examples: How Coloradans Are Using Their Refunds
Sarah from Denver
Filed in March and received her $800 by early August. She used it to manage rising grocery costs.
Tom & Rachel from Boulder
Filed jointly and got $1,600 in September. They used it to invest in a short-term CD.
Miguel, Age 18
Filed his first return and got his refund via direct deposit—used it to help cover college books.
These stories show how timely filing and accurate info can lead to real financial relief.
What If You Miss the Filing Deadline?
Missed the April 15, 2025 deadline?
You may still qualify if you request an extension in time and file within that extension period. But remember:
- Extension requests must be submitted by April 15
- Any taxes owed must still be paid by April 15 to avoid penalties
Late filing = delayed refund or no refund at all.
Frequently Asked Questions
Can new residents receive the refund?
Yes – If you lived in Colorado at least 183 days in 2024 and meet other criteria.
Do I need to apply separately for TABOR?
No. Just file your tax return—no additional forms needed.
Is the refund taxable?
No. The TABOR refund is not subject to state or federal income tax.
What if I moved after filing?
Update your address through Revenue Online immediately.
How can I confirm my refund status?
Log into the Revenue Online portal and track your refund in real time.