Colorado Cashback: Every taxpayer will get at least $750

[Teh One Who Knocks]

Dara Bitler - FOX 31 Denver




DENVER (KDVR) — The newest June budget forecast released on Tuesday shows that every Colorado taxpayer will now get a dividend of at least $750 this summer, with some families getting up to $1,500.

The rebate is part of Colorado’s Taxpayer Bill of Rights, also known as TABOR. Normally, any excess revenue generated by the government is returned to taxpayers when they file their taxes in the first quarter of the year, but this year lawmakers have approved a special payment that will be issued to taxpayers in August.

“The economy in Colorado has out-performed by a lot from those initial projections,” Gov. Jared Polis said.

Coloradans should see largest TABOR refund in 10 years
On June 13, the refund was raised from $400 per person, $800 for joint filers to $500 per person and $1,000 for joint filers. On Tuesday morning, FOX31 learned the refund will be raised to $750 per person and $1,500 for joint filers.

To be eligible to receive the rebate in August, taxpayers must file their 2021 tax return before June 30 or apply for the Property Tax/Rent/Heat Rebate Credit by the same date. Those who file for an extension in October should expect to receive their refund check in January.

[Teh One Who Knocks]

Funny how this works....this is money we as Colorado taxpayers would be due to get back every tax year. TABOR (Tax Payer Bill of Rights) mandates that the state government must refund to the taxpayers any excess money collected by the state. Usually this money comes back to us when we file our taxes, so this money is coming early instead of it just being rolled into the 2022 tax filing season next year. Funny how we are getting the money now during an election year, instead of next tax season. Also funny how the press releases about this from the governor's office never mention that this is money we are due back anyways, making it sound more like it's free money for everybody.

Even funnier that the current governor, a flaming democrat, tried to get TABOR repealed not long after he was first elected as governor. TABOR was passed back when there was a republican governor here and the republicans controlled the state legislature. But now Gov. Polis is using it to his advantage to make it seem like he's handing out free money to everyone before the elections in November.

Funny how that works

[PorkChopSandwiches]

CA has this same rule, but they continue to find ways to give it away to everyone but the people that paid it

[deebakes]

i'll take your $1500 if you are complaining lance

[lost in melb.]

If you are passing through Colorado, are you entitled to the cash?

[Pony]

If you are passing through Colorado, are you entitled to the cash?

Set up a PO box to send your paycheck to and work for a week or two.

[lost in melb.]

Set up a PO box to send your paycheck to and work for a week or two.

Lance, this cashback is obviously very traumatic. Do you need any counselling?

[Teh One Who Knocks]

Set up a PO box to send your paycheck to and work for a week or two.

Lance, this cashback is obviously very traumatic. Do you need any counselling?

You need to live in the state of Colorado for at least 6 months of the year to qualify as being a Colorado taxpayer

[lost in melb.]

You need to live in the state of Colorado for at least 6 months of the year to qualify as being a Colorado taxpayer

[Pony]

You need to live in the state of Colorado for at least 6 months of the year to qualify as being a Colorado taxpayer

I'll just forward all my junk mail to your address.

[Teh One Who Knocks]

I'll just forward all my junk mail to your address.

Having mail delivered won't establish proof or residency

[lost in melb.]

Having mail delivered won't establish proof or residency

You are very particular.

I think I'll just declare myself an illegal alien and get everything for free

[Pony]

You are very particular.

I think I'll just declare myself an illegal alien and get everything for free

Hey, if they give you a drivers license and you file taxes then maybe you can get the TABOR money too!

[Pony]

Having mail delivered won't establish proof or residency

I identify as a Colorado resident.


That should do it.