If you’re a Colorado resident, you might be hearing a lot about TABOR refunds lately — and for good reason. These refunds are part of the Taxpayer’s Bill of Rights (TABOR), which requires the state to return excess tax revenue to residents.
For the 2024 tax year, the refund distribution will happen throughout 2025, but when and how you receive yours depends on a few key factors. This guide will help you understand who qualifies, how much to expect, and when your refund might arrive.
What Is the TABOR Refund?
TABOR is a Colorado law that limits how much revenue the state can collect and spend. When the state collects more money than it’s allowed to keep, it must return the extra funds to taxpayers. For the 2024 tax year, this means eligible Colorado residents will receive a refund during 2025 — after they file their state tax return.
When Will You Get Your TABOR Refund?
There is no single payout date for TABOR refunds. Instead, the timing depends on when you file your 2024 Colorado state tax return.
Here’s a breakdown of the refund schedule:
| Filing Time | Refund Method | Estimated Payout Time |
|---|---|---|
| Filed early (by April 15, 2025) | E-file with direct deposit | Late April 2025 |
| Filed early with paper check | Paper return or check | May – June 2025 |
| Filed extension (by October 15, 2025) | Any method | Within 60 days of filing (likely Nov–Dec 2025) |
| PTC refund applicants (Form DR 0104PTC) | Paper application | Aug – Oct 2025 (if filed by June 30) |
To check your refund status, visit the Colorado Department of Revenue website or call their help center for assistance.
Who Is Eligible for a TABOR Refund?
To receive a 2025 TABOR refund (based on 2024 taxes), you must:
Be a full-year Colorado resident for all of 2024
Be at least 18 years old by January 1, 2025
Have a valid SSN or ITIN
File your 2024 state tax return (Form DR 0104) or the PTC refund form (Form DR 0104PTC) by the required deadline
Not be claimed as a dependent on someone else’s tax return
Low-income residents and seniors with no tax obligation may file using the simplified Form DR 0104EZ or apply for a PTC refund if eligible.
How Much Will You Get? TABOR Refund Amounts for 2025
TABOR refunds are calculated using a six-tier system based on your Adjusted Gross Income (AGI) and filing status. Here’s how the refund amounts break down:
Single Filers
| AGI Range | Refund Amount |
|---|---|
| Up to $53,000 | $177 |
| $53,001 – $105,000 | $240 |
| $105,001 – $166,000 | $277 |
| $166,001 – $233,000 | $323 |
| $233,001 – $311,000 | $388 |
| Over $311,000 | $565 |
Married Filing Jointly
| AGI Range | Refund Amount |
|---|---|
| Up to $53,000 | $354 |
| $53,001 – $105,000 | $480 |
| $105,001 – $166,000 | $554 |
| $166,001 – $233,000 | $646 |
| $233,001 – $311,000 | $776 |
| Over $311,000 | $1,130 |
Note: These amounts reflect each tax filer’s contribution, with higher-income earners receiving higher refunds.
PTC Refund for Low-Income Residents
If you’re not required to file a regular tax return but still qualify for a Property Tax, Rent, and Heat (PTC) refund, you can file Form DR 0104PTC by June 30, 2025. These refunds are processed in about 6–8 weeks, with payments likely between August and October 2025.
How to Get Your Refund Faster
To ensure you receive your TABOR refund as quickly as possible:
File early (before April 15)
Choose electronic filing (e-file)
Opt for direct deposit
Paper returns and physical checks take longer to process — expect delays of up to 8 weeks.
Colorado’s 2025 TABOR refunds are designed to return extra state revenue to the people who helped generate it. If you lived in Colorado in 2024 and meet the eligibility rules, you could receive hundreds of dollars — with the exact amount based on your income and filing status.
Filing your taxes on time, choosing direct deposit, and using the right forms are the best ways to get your refund quickly and hassle-free. Whether you file a standard return or apply through the PTC program, your refund is your right as a Colorado taxpayer.
