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What is the Colorado tax rebate?

Millions of Americans will be getting $800 checks this summer.

tax rebate

This is thanks to the Colorado Tax Rebate.

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Colorado Tax Rebate

Approximately 3.1 million residents of Colorado will receive a rebate this summer. The program is designed to support American’s battle against inflation. Read more about it here.

Each payment will be worth $400 for individuals and $800 for joint filers. In order to take advantage, you must be a full-time resident of Colorado.

The rebates will be based on 2021 tax returns. Your 2021 tax return must be filed by May 31, 2022 in order to be eligible. The money should arrive via  mail in August or September.

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