Colorado TABOR Refunds for 2022 Tax Year

State Sales Tax Refund

Full-year Colorado residents, who were 18 or older as of January 1, 2022, are eligible for the state sales tax refund. To claim the state sales tax refund, your return must be postmarked by April 18, 2023. Use the modified AGI amount listed on line 32, and your filing status, to determine the claim amount.

If you are filing under extension, you may claim the state sales tax refund only if you have a Colorado tax liability (line 13 must be greater than 0) or you are claiming a refund of Colorado wage withholding on a W-2. To claim a state sales tax refund under extension, your return must be postmarked by October 16, 2023. You must be a full-year Colorado resident who was 18 or older as of January 1, 2022.

If you are a full-year Colorado resident who was under 18 as of January 1, 2022, you may claim the state sales tax refund only if you have a Colorado tax liability (line 13 must be greater than 0) or you are claiming a refund of Colorado wage withholding on a W-2. Your return must be postmarked by October 16, 2023.

Part-year resident and nonresident individuals are not eligible for the state sales tax refund.

Income Qualified Senior Housing Income Tax Credit

If you were (or your spouse was) 65 years of age or older at the end of 2022, you may qualify for this income tax credit. Please read the following instructions carefully to determine if you qualify for the credit, and to calculate how much you qualify for.

1. Is your date of birth (or your spouse’s date of birth) December 31, 1957 or earlier?

• Yes: Continue to step 2.
• No: Stop, you do not qualify for this credit.

2. Were you (or was your spouse) a full-year or part-year resident of Colorado for 2022?

• Yes: Continue to step 3.
• No: Stop, you do not qualify for this credit.

3. Is your adjusted gross income (line 11 of your federal tax form 1040, 1040-SR, or 1040-NR) for this income tax year $75,000 or less?

• Yes: Continue to step 4.
• No: Stop, you do not qualify for this credit.

4. Was your primary residence exempt from property tax as allowed under section 39-3-203 of the Colorado Revised Statutes (commonly known as the Senior Property Tax Exemption or Senior Homestead Exemption) for the property tax year beginning January 1, 2022?   

This exemption should appear on your property tax statement from your county assessor.  You may have been approved for this exemption by applying in a prior year. This exemption is generally allowed if one owner of a home is 65 years old as of January 1, and has occupied the home as a primary residence for at least 10 consecutive years.

• No: You qualify for this income tax credit. Continue to step 5 in order to calculate the amount of credit you are eligible to receive.
• Yes: Stop, you do not qualify for this credit.

5. Look up your federal filing status and adjusted gross income (AGI) in the table on page 17 of the Colorado 104 Instruction Book found online at:  https://tax.colorado.gov/sites/tax/files/documents/Book 104_2022 (2).pdf

Free Tax Prep Help

The IRS Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) programs offer free tax help for taxpayers who qualify.

Check out these sites in the Denver Metro area on the following IRS website:

https://irs.treasury.gov/freetaxprep/jsp/vita.jsp?zip=80202&lat=39.7541032&lng=-105.0002242&radius=25&page=2