TABOR refund checks hit the mail this week. Here’s what you need to know
Individual filers can expect $750, while joint filers will see $1,500
Colorado taxpayers should start seeing Taxpayer Bill of Rights (TABOR) return checks in the mail this month. The checks are part of the Colorado Cash Back program that state lawmakers passed this legislative session. “Beginning today, checks are going to be printed and mailed out to people in a rolling way. We’re not going to do them all on one day, but they’re going to go over the next several weeks,” Colorado State Treasurer Dave Young said Monday. Anyone who is 18-years-old or older, who lived in the state all of last year and who filed a tax return for the 2021 tax year by June 30 is eligible to receive a check. Those who were granted a tax extension until Oct. 17 and who filed their taxes by that time will also receive a check, but it will come later in the year.
The sped-up checks are a result of a law passed by state legislators earlier this year. Otherwise, the money would have been returned around February or March of next year.