TABOR triggering small refunds for Colorado taxpayers
State tax refunds in Colorado will range from $13 to $41 for single filers and from $26 to $82 for joint filers
Colorado taxpayers can expect some modest tax refunds this year under the Taxpayer’s Bill of Rights due to budget surpluses, according to the Colorado Department of Revenue.
Depending on what adjusted gross income they report, single filers can expect to see TABOR refunds from $13 to $41. That lower figures is for a filer reporting $36,000 or less on line 25 of the Colorado 104 tax form, while the higher figure is for someone reporting more than $204,000 on that line.
Joint filers can expect to get double those amounts, from $26 at the lower income range to $82 at the higher range.