Filing Taxes? Remember TABOR opt in

https://www.reddit.com/r/Denver/comments/1igq229/filing_taxes_remember_tabor_opt_in/

created by Reasonable_Base9537 on 03/02/2025 at 14:17 UTC

166 upvotes, 7 top-level comments (showing 7)

As you file your taxes between now and April, keep in mind as of last tax season an opt in box was added for a TABOR refund. You have to check the box to elect to receive your TABOR refund. If you do not check the box the refund will not be issued and the state will keep that money. I know there's different views on TABOR politically so you do you on whether you want it or not, just a friendly reminder of this change.

https://kdvr.com/news/politics/colorado-politics-news/coloradans-must-opt-in-for-tabor-refunds-when-filing-taxes/

Comments

Comment by ybs62 at 03/02/2025 at 14:44 UTC*

61 upvotes, 1 direct replies

There is no check box.

You don’t ‘opt in.’ There is no flat rate like last year.

It’s a portion of the calculations where you have to determine how much you’re owed. It’s part of page six.

https://tax.colorado.gov/sites/tax/files/documents/DR_0104_2024.pdf

Comment by SimpleInternet5700 at 03/02/2025 at 14:29 UTC

38 upvotes, 10 direct replies

Hmm wonder if I did that in freetaxusa software?

Also there was a form it said i needed to sign and mail in at the end. Or rather it said I was all done and offered up a form for me, but didn’t give instructions. Anyone know if that is necessary?

Comment by lonestar-rasbryjamco at 03/02/2025 at 14:31 UTC*

51 upvotes, 5 direct replies

The fact that getting the money you are legally owed by the state is an easily missed single opt-in tells you everything you need to know about the intent here.

Making it an opt-out would make this a non-issue.

Comment by Relevant-Doctor187 at 03/02/2025 at 14:40 UTC

7 upvotes, 2 direct replies

Better file before Elon blocks refunds.

Comment by Intrepid_Example_210 at 03/02/2025 at 16:28 UTC

1 upvotes, 1 direct replies

As I recall, it is not super visible on TurboTax either.

Comment by darkmatterhunter at 03/02/2025 at 19:52 UTC

1 upvotes, 0 direct replies

Anyone know what the process is on cash app?

Comment by Internetkingz1 at 03/02/2025 at 17:08 UTC

1 upvotes, 0 direct replies

Seems to this would be by design, we all know the state has a deficient. Love or Hate Tabor stealing is still stealing.