Colorado taxpayers could receive state refunds of up to $1,130 when they file taxes in 2025, depending on their filing status and gross income, state officials said. According to the Colorado Department of Revenue’s Taxation Division, single-filing taxpayers could receive between $177 and $565 in tax refunds under Colorado’s Taxpayer’s Bill of Rights, and joint-filing taxpayers could receive between $354 and $1,130, depending on their gross income bracket. TABOR is a constitutional amendment that caps the state budget and requires tax revenues collected above that to be refunded to taxpayers. In fall 2022, taxpayers received $750 in refunds via direct checks; for tax year 2023, $800 per taxpayer was paid out through the typical tax-filing process this past spring. 2024 TABOR refunds will arrive in 2025, state officials said. Single filers will receive: $177 for gross incomes of up to $53,000; $240 for gross incomes between $53,001 and $105,000; $277 for gross incomes between $105,001 and $166,000; $323 for gross incomes between $166,001 and $233,000; $350 for gross incomes between $233,001 and $302,000; $565 for gross incomes of $302,001 and above. Joint filers will receive: $354 for gross incomes of up to $53,000; $480 for gross incomes between $53,001 and $105,000; $554 for gross incomes between $105,001 and $166,000; $646 for gross incomes between $166,001 and $233,000; $700 for gross incomes between $233,001 and $302,000; $1,130 for gross incomes of $302,001 and above. Related Articles Colorado News | Walgreens adds stores in Aurora, Denver to closing list Colorado News | Denver woman sentenced to jail after stealing nearly $500,000 from Amazon Colorado News | Feds’ approval of Gross Reservoir dam expansion violated environmental law, judge rules Colorado News | Mountain Range High School administrator charged with child sex assault Colorado News | Broncos vs. Saints: Live updates and highlights from the NFL Week 7 game This year’s state tax refund could be the last big one for a while. After the 2024 tax year, an anticipated softening of economic conditions, tighter budget forecasts and recent changes to state law could decrease state refunds due under Colorado’s TABOR. Get more Colorado news by signing up for our daily Your Morning Dozen email newsletter.