This April, Colorado residents are able to expect exciting news as the state becomes ready to issue up to $1700 TABOR Tax Refund. This year’s refund is one of the largest in history, due to Colorado’s strong economic growth.
The Taxpayer’s Bill of Rights (TABOR), a law that guarantees surplus state revenue is returned to taxpayers rather than being used elsewhere, includes these refunds, which are scheduled to start in April 2025.
$1700 TABOR Tax Refund 2025
The Taxpayer’s Bill of Rights (TABOR) is a Colorado law that limits how much money the state can collect in taxes each year. The excess funds must be returned to taxpayers if the government collects more than is permitted.
This year’s refund is due to high state revenues in 2023-2024, based on economic growth in industries such as technology, renewable energy, and tourism. The surplus was also a result of high business profits and income tax collections.
Colorado $1700 TABOR Refund Overview
Organization | Colorado Department of Revenue |
Program Name | TABOR Tax Refund |
Country | USA |
Amount | Up to $1700 |
Payment Date | April to June 2025 |
Mode | Direct Deposit / Check |
Benefit | Tax refund for residents |
Category | Government Aid |
Official Website | https://tax.colorado.gov/ |
TABOR Refund Eligibility Criteria
- 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.
- Depending on how long they resided in the state, part-year residents might get less.
- You must also not be listed as a dependent on someone else’s tax return and be at least 18 years old as of 31st December 2023.
- Individuals with disabilities, veterans, and seniors are eligible for additional benefits under special provisions.
How to Check Your TABOR Refund Eligibility
You can confirm your eligibility in a number of ways with the Colorado Department of Revenue. The simplest way is to check your status and log in via the official Colorado Tax Portal (colorado.gov/revenueonline).
For help, you can also contact the TABOR hotline at 1-800-TAX-COLO. If you prefer in-person help, local tax support centers in cities like Denver, Colorado Springs, and Fort Collins will offer verification services starting in March 2025. If there are any issues with your eligibility, you must submit a review request by 15th May 2025.
Smart Ways to Use Your TABOR Refund
Interest costs can be reduced by paying off high-interest debt, such as credit card debt. Another smart move is to set aside money for emergencies, which ensures financial stability for unexpected expenses.
Long-term gains can also be obtained by making investments in energy-efficient home upgrades or retirement accounts. Residents who deposit their refunds can grow their money over time with special savings accounts provided by certain Colorado banks, which have high interest rates.
TABOR Refund Payment Schedule
- The Colorado state will distribute $1700 refunds in phases from April to June 2025.
- You will receive your TABOR refund in the same manner as if you chose direct deposit for your 2023 tax refund.
- Otherwise, you will receive a paper check, mailed in order by last name during April and May.
- It’s possible that some residents who receive government support will have their refund applied to their current benefit cards.
- If you do not receive it by 15th July 2025, contact the TABOR support team.
FAQs
Who is eligible for the $1700 TABOR tax refund in 2025?
Colorado residents who lived in the state all of 2023, filed taxes on time, and are not dependents can claim $1700 TABOR Tax Refunds.
How can I check my eligibility for the TABOR refund?
You can check your status through the Colorado Tax Portal at colorado.gov/revenueonline or visit a local tax support center.
When will the TABOR tax refunds be distributed?
Refunds will be distributed in phases from April to June 2025, with paper checks mailed based on last name.