TABOR Refund 2025: Find Out If You Qualify for the Colorado Tax Rebate

Taxpayer’s Bill of Rights (TABOR) Refund 2025: If you live in Colorado and file a tax return, this news is for you: The state has a rule that says if revenue collected exceeds a certain threshold, the excess amount must be returned to you, the taxpayer. This rule is called TABOR the Taxpayer’s Bill of Rights and was voted on in 1992.

In this article, we’ll explore what a TABOR refund is, what changes have occurred for 2025, who is eligible, how much money can be received, and how you can claim it.

What is TABOR?

TABOR is essentially an amendment to the Colorado Constitution. Its purpose is to limit the amount of revenue the government can spend—returning any revenue above that threshold to taxpayers. have to be paid.

• If the state’s total revenue exceeds that “cap,” it is considered a “surplus.”
• In the event of a surplus, there is a provision for payback under TABOR.
• The effect of this rule is that the taxpayer sees a form of excess contribution—as in, “The state earned this much money because of you, so you should pay back the portion of the tax collected.”

What’s the situation for 2025?

The TABOR refund case in 2025 is not an entirely straightforward one, though- there is good news, and many conditions.

What is the amount of the money received?

As a table released by the state indicated, the expected amount of the refund in 2024 tax year (to which returns will be submitted in 2025) will be as follows:

Adjusted Gross Income (AGI)	Single Filer	Joint Filer
$0 – $53,000	$177	$354
$53,001 – $105,000	$240	$480
$105,001 – $166,000	$277	$554
$166,001 – $233,000	$323	$646
$233,001 – $302,000	$350	$700
$302,001 and above	$565	$1,130

Note: These are estimates – according to some reports, this figure could be much less in later years.

Tax Rate Reduction

• The state income tax rate has been reduced from 4.40% to 4.25% starting in the 2024 tax year.
• This reduction is due to the additional revenue situation from TABOR.
• Although the refund is currently in effect for 2025, it’s possible that the amount will be significantly lower in future years. Reduced or refunds stopped.

Who is eligible?

To get a TABOR refund there are some requirements: we will discuss them in simple English below:

• You shall be a full-year resident of the state of Colorado throughout the 2024 year.
• You must have filed a 2024 Colorado state income tax return, or applied for a Property Tax/Rent/Heat Rebate (PTC).
• The application or return must be submitted by the deadline—there is an extension for PTC applications beyond the normal taxpayer deadline (e.g., October 15, 2025).
• Age Requirement: Generally, you must be 18 years of age or older.
• If you meet these requirements If you are eligible, you may be eligible for a TABOR refund.

How to Claim and Why You Might Benefit?

How to Claim:

• First, file your Colorado state income tax return for 2024
• If you don’t file a tax return because your income is low, consider applying for the Property Tax / Rent / Heat Rebate (PTC)
• Filing by the deadline is crucial—if you file late, your refund may be delayed or even nonexistent.
• The TABOR refund option appears on your tax return—make sure you check that box or ask a tax professional.

Why You Might Benefit:

• If your income falls within the range for a larger refund, this will be extra cash
• This isn’t a “stimulus check,” but rather additional revenue for the state above what you paid in taxes—and refunding it is TABOR’s responsibility
• Time-saving and financial relief opportunity—you can use this amount for unexpected expenses.

What do you need to be careful about?

Of course—there are a few things to keep in mind:

• The amount is not fixed: For example, future projections suggest it could be as little as $41 (single filer) or $82 (joint filer) in the 2026 tax year.
• The state has implemented new tax cuts, credits, and exemptions that will impact the TABOR refund amount.
• If you don’t file your return on time, your refund may be missed or delayed.
• This applies only to the state of Colorado—other states may have different options or may not have them.
• It’s not fair to view the TABOR refund as a “bonus to taxpayers”—it’s a constitutional provision that The government has to comply.

What does it mean for you?

If you live in Colorado and file a tax return, a TABOR refund is a potential income booster for you. Let’s consider a few scenarios:

• As an illustration, you can receive a refund of up to 240 dollars when you are a single filer with an adjusted income (AGI) of 60,000.
• Suppose that you are a joint filer and you have an AGI of 110,000, you could be entitled to as much as 554.
• Unless you file on time, or you do not even file at all, you stand to miss this chance.
• The TABOR amount you get in the future will be reduced in case you were benefiting by tax credits or deductions.
• One should realize that TABOR refunds are not automatic- they are contingent. on how much state revenue exceeds the cap. As ROI tax credits increase, people may receive a smaller amount in the future

Conclusion

Data suggests that TABOR refunds are a significant opportunity for Colorado taxpayers for 2025. If you qualify—were a resident for the entire 2024 year, filed a return, and are on time—this amount is waiting to arrive in your bank account.

could be less in the future, so do not imagine it as a free check, but as a refund of tax that is required by the constitution. This is to remember when writing your taxes, consult your tax professional, and ensure that you have done everything.

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