Colorado residents that filed tax returns should be expecting a TABOR refund.
Here are the answers to some of the common questions about the refund.
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What is the TABOR refund?
TABOR stands for Taxpayer Bill of Rights and many Colorado residents have questions. Taxpayers should expect to see the refund later this year. Single filers will get $400 and $800 for joint filers. Read more about it here.
In order to qualify, you’ll need to have filed taxes. Even people with little to no income can file a tax return of $0 to qualify for the check. Your tax return will need to be filed by June 30 in order to get the check later in the year. If you already filed an extension, expect your TABOR refund at the beginning of 2023. It will be mailed to you as a check.
Colorado’s state money is being distributed back to its residents. Legislature is working to find funding for a call center dedicated to answers residents questions about this.
What should I do if I haven’t gotten my tax refund?
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